Form 4: Funko Executive Andrew Oddie Sells Shares to Cover Taxes

Andrew Oddie, Chief Commercial Officer of Funko, Inc., sold shares of Class A Common Stock on March 14, 2025, to cover taxes upon the vesting of RSUs.

Summary

• On March 14, 2025, Andrew David Oddie, the Chief Commercial Officer of Funko, Inc., sold shares of Class A Common Stock.
• The sales were executed to cover taxes associated with the vesting of Restricted Stock Units (RSUs).
• A total of 6,243 shares were sold at a weighted average price of $7.0774, and 7,433 shares were sold at a weighted average price of $7.0793.
• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan established in June 2019.
• Following the transactions, Oddie directly owns 39,986 shares of Class A Common Stock.
• The reported number of shares does not reflect any common units beneficially owned by the Reporting Person.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of share sales by an executive, primarily for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Executive share sales are a common occurrence, often related to compensation and tax obligations. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on insider information.

Stakeholder Impact

• The share sales could have a minor, temporary impact on the stock price, but are unlikely to significantly affect long-term shareholders.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates