Form 4: Funko's Chief Legal Officer, Tracy D. Daw, Reports Stock Transactions

Tracy D. Daw, Chief Legal Officer of Funko, Inc., reports the vesting and acquisition of 15,000 shares of Class A Common Stock through restricted stock units (RSUs) on March 29, 2024.

Summary

• On March 29, 2024, Tracy D. Daw, the Chief Legal Officer of Funko, Inc., acquired 15,000 shares of Class A Common Stock.
• This acquisition was through the vesting of 15,000 Restricted Stock Units (RSUs).
• The RSUs were granted on August 11, 2023, and vested fully on March 29, 2024, contingent upon continued employment with Funko.
• The price per share at the time of vesting was $0.
• Following the transaction, Daw directly owns 66,170 shares of Funko's Class A Common Stock.
• The report does not reflect any common units beneficially owned by the Reporting Person.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an officer, with no inherent positive or negative implications.

Positives

• The vesting of RSUs indicates that Tracy D. Daw has met the employment requirements set by Funko, Inc.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive stock ownership.
• The vesting of RSUs incentivizes the executive to remain with the company.

Key Dates