Form 4: Anthony D. Thomopoulos Acquires 3,053 Shares of Kartoon Studios, Inc.
SEC Form 4 Filing
Director Anthony D. Thomopoulos acquired 3,053 shares of Kartoon Studios, Inc. on October 1, 2024.
Summary
- On October 1, 2024, Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., acquired 3,053 shares of common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Thomopoulos directly owns 46,631 shares of Kartoon Studios, Inc. common stock.
- The filing also references a 10-for-1 reverse stock split that occurred on February 6, 2023.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The acquisition of shares by a director could be viewed positively by shareholders as it may indicate confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 2023-02-06 | Kartoon Studios effected a 10-for-1 reverse stock split. |
| 2024-10-01 | Anthony D. Thomopoulos acquired 3,053 shares of Kartoon Studios, Inc. |
| 2024-10-03 | Date of signature for the Form 4 filing. |
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