Form 4: Funko Executive Andrew Oddie Reports Stock Transactions

Funko's Chief Commercial Officer, Andrew Oddie, reports the vesting of restricted stock units and subsequent sale of shares to cover taxes.

Summary

• Andrew David Oddie, Chief Commercial Officer of Funko, Inc., reported transactions involving Class A Common Stock.
• On April 21, 2024, 4,908 restricted stock units (RSUs) vested and converted into Class A Common Stock.
• Also on April 21, 2024, 4,908 shares were acquired upon vesting of the RSUs at a price of $0.
• On April 22, 2024, 2,353 shares were sold at a weighted average price of $6.214 per share, ranging from $6.20 to $6.225, to cover taxes related to the RSU vesting.
• Following these transactions, Oddie directly owns 60,476 shares of Class A Common Stock.
• The reported transactions were executed pursuant to a Rule 10b5-1 instruction letter entered into in June 2019.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares in the open market.

Key Dates