Form 4: Funko CFO Yves Le Pendeven Reports Stock Transactions
SEC Form 4 Filing
Funko's CFO, Yves Le Pendeven, reports the vesting and sale of Class A Common Stock to cover taxes.
Summary
- Yves Le Pendeven, CFO of Funko, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report includes transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
- On March 6, 2025, 2,735 RSUs vested, resulting in the acquisition of 2,735 shares of Class A Common Stock.
- On March 7, 2025, 1,006 shares of Class A Common Stock were sold at an average price of $8.8808 per share to cover taxes.
- On March 8, 2025, 896 RSUs vested, resulting in the acquisition of 896 shares of Class A Common Stock.
- On March 10, 2025, 320 shares of Class A Common Stock were sold at an average price of $8.1628 per share to cover taxes.
- Following these transactions, Le Pendeven directly owns 34,809 shares of Class A Common Stock and 896 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the small volume of shares sold by the CFO.
Key Dates
| Date | Description |
|---|---|
| 03/06/2023 | Original grant date for 10,938 RSUs vesting in four equal installments annually. |
| 03/08/2022 | Original grant date for 3,583 RSUs vesting in four equal installments annually. |
| 06/14/2023 | Rule 10b5-1 sell to cover instruction date. |
| 03/06/2025 | Vesting of 2,735 Restricted Stock Units. |
| 03/07/2025 | Sale of 1,006 shares of Class A Common Stock at an average price of $8.8808. |
| 03/08/2025 | Vesting of 896 Restricted Stock Units. |
| 03/10/2025 | Sale of 320 shares of Class A Common Stock at an average price of $8.1628. |
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.