Form 4: Funko Director Diane M. Irvine Reports Stock Transactions
SEC Form 4
Director Diane M. Irvine reports the conversion of restricted stock units into Class A Common Stock and subsequent disposal of shares.
Summary
- On June 13, 2024, Diane M. Irvine, a director of Funko, Inc., reported transactions involving Class A Common Stock.
- Irvine converted 4,688 restricted stock units (RSUs) into 4,688 shares of Class A Common Stock.
- Following the conversion, Irvine disposed of 14,369 shares of Class A Common Stock.
- After these transactions, Irvine beneficially owns 0 derivative securities and 14,369 shares of Class A Common Stock.
- The RSUs were granted on June 13, 2023, and vested in full on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the corporate world. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 06/13/2023 | Reporting Person was granted 4,688 RSUs |
| 06/13/2024 | Conversion of RSUs into Class A Common Stock and disposal of shares |
| 06/14/2024 | Date of Form 4 filing |
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