Form 4: Funko Director Michael Lunsford Sells 97,000 Shares

Funko director Michael Lunsford sold 97,000 shares of Class A Common Stock at a price of $10.4 per share on November 15, 2024.

Summary

• Michael Lunsford, a director at Funko, Inc., sold 97,000 shares of Class A Common Stock on November 15, 2024.
• The sale price was $10.4 per share.
• Following the transaction, Lunsford directly owns 11,613 shares of Funko stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, which is a routine event. There is no indication of positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States.
• The sale of shares by a director is a common occurrence and is not unusual.
• The transaction is similar to other insider trading activities reported by directors of publicly listed companies.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment.

Key Dates

Keywords

Funko, Michael Lunsford, stock sale, insider trading, Form 4, director