Form 4: Anthony D. Thomopoulos Reports Acquisition of Kartoon Studios Stock
SEC Form 4 Filing
Director Anthony D. Thomopoulos reports acquiring 5,814 shares of Kartoon Studios, Inc. common stock on September 19, 2024.
Summary
- On September 19, 2024, Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., acquired 5,814 shares of common stock.
- The acquisition price was $0 per share.
- Following the transaction, Thomopoulos directly owns 43,578 shares of Kartoon Studios, Inc.
- 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 reporting a transaction by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
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. These filings provide transparency into the transactions of those with privileged information.
Stakeholder Impact
- The acquisition of shares by a director could be perceived positively by shareholders, signaling confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| February 6, 2023 | Kartoon Studios effected a 10-for-1 reverse stock split. |
| September 19, 2024 | Anthony D. Thomopoulos acquired 5,814 shares of Kartoon Studios common stock. |
| September 23, 2024 | Date of signature for the Form 4 filing. |
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