Form 4: Funko CFO Steve Nave Reports Stock Transactions
SEC Form 4 Filing
Funko's CFO, Steve Nave, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- Steve Nave, CFO and COO of Funko, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
- On February 27, 2024, 16,735 Restricted Stock Units converted into Class A Common Stock.
- Also on February 27, 2024, 16,735 shares were acquired at $0.
- On February 28, 2024, 6,352 shares of Class A Common Stock were sold at a weighted average price of $7.0827 per share, ranging from $6.99 to $7.13.
- Following these transactions, Nave directly owns 65,883 shares of Class A Common Stock and 50,207 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and provides transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/27/2023 | Date from which restricted stock units vest in four equal annual installments. |
| 03/06/2023 | Reporting Person was granted 66,942 restricted stock units. |
| 02/27/2024 | Restricted stock units converted into Class A Common Stock; shares acquired. |
| 02/28/2024 | Shares of Class A Common Stock sold. |
| 02/29/2024 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.