Form 4: Funko Director Michael Lunsford Reports Stock Transactions

Director Michael Lunsford reports acquisition and disposal of Funko, Inc. Class A Common Stock related to restricted stock units.

Summary

• On September 30, 2024, Michael Lunsford, a director of Funko, Inc., acquired 17,000 shares of Class A Common Stock through the conversion of restricted stock units (RSUs) at a price of $0.
• On October 1, 2024, Lunsford sold 7,361 shares of Class A Common Stock at a weighted average price of $12.0152 per share, with prices ranging from $11.92 to $12.11.
• These shares were sold to cover taxes upon the vesting of the restricted stock units.
• Following these transactions, Lunsford directly owns 108,613 shares of Funko, Inc. Class A Common Stock.
• The RSUs were granted on August 7, 2024, and vested in full on September 30, 2024, contingent upon Lunsford's continued service with Funko.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. 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 insider, which is common for publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates