Form 4: Anthony D. Thomopoulos Reports Acquisition of Kartoon Studios Stock
SEC Form 4 Filing
Director Anthony D. Thomopoulos reports acquiring 2,408 shares of Kartoon Studios, Inc. common stock on May 3, 2024.
Summary
- On May 3, 2024, Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., acquired 2,408 shares of common stock.
- The acquisition was reported on a Form 4 filing with the SEC.
- Following the transaction, Thomopoulos beneficially owns 21,316 shares of Kartoon Studios, Inc.
- The shares were acquired directly.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock acquisition, which is neutral in sentiment.
Positives
- A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| February 6, 2023 | Kartoon Studios effected a 10-for-1 reverse stock split. |
| May 3, 2024 | Anthony D. Thomopoulos acquired 2,408 shares of Kartoon Studios, Inc. common stock. |
| May 8, 2024 | Date of signature for the Form 4 filing. |
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