Form 4: Anthony D. Thomopoulos Reports Acquisition of Kartoon Studios Stock
SEC Form 4 Filing
Director Anthony D. Thomopoulos reports acquiring 3,666 shares of Kartoon Studios, Inc. common stock on November 1, 2024.
Summary
- On November 1, 2024, Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., acquired 3,666 shares of common stock.
- The acquisition price was $0 per share.
- Following the transaction, Thomopoulos directly owns 50,297 shares of Kartoon Studios, Inc.
- A 10-for-1 reverse stock split was effected by the issuer on February 6, 2023.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. This filing provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects the director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| February 6, 2023 | Kartoon Studios effected a 10-for-1 reverse stock split. |
| November 1, 2024 | Anthony D. Thomopoulos acquired 3,666 shares of Kartoon Studios common stock. |
| November 8, 2024 | Date of signature for the Form 4 filing. |
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