Form 4: Funko Inc. Chief Legal Officer Tracy D. Daw Reports Sale of Class A Common Stock

Tracy D. Daw, Chief Legal Officer of Funko Inc., reported selling 1,495 shares of Class A common stock at $4.03 per share on April 24, 2025, according to a Form 4 filing with the SEC.

Summary

• On April 24, 2025, Tracy D. Daw, the Chief Legal Officer of Funko Inc., sold 1,495 shares of Class A common stock.
• The sale was executed at a price of $4.03 per share.
• The transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on March 13, 2025.
• Following the transaction, Daw directly owns 27,826 shares of Funko Inc.'s Class A common stock.
• The reported holdings do not include any common units beneficially owned by the Reporting Person.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard SEC filing reporting a sale of shares by an officer. The sale was conducted under a pre-arranged trading plan, which mitigates concerns about insider information.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders. This allows investors to monitor significant transactions by individuals with access to privileged information.

Stakeholder Impact

• The sale of shares by a company officer could be perceived negatively by some shareholders, although the existence of a 10b5-1 trading plan mitigates this concern.

Key Dates

Keywords

Form 4, Funko Inc., Tracy D. Daw, Class A Common Stock, SEC Filing, 10b5-1 Trading Plan, Insider Trading