Form 4: Anthony D. Thomopoulos Reports Acquisition of Kartoon Studios Stock
SEC Form 4 Filing
Director Anthony D. Thomopoulos reports acquiring 1,786 shares of Kartoon Studios, Inc. common stock on April 1, 2024.
Summary
- On April 1, 2024, Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., acquired 1,786 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Thomopoulos directly owns 18,908 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 regulatory filing detailing a stock acquisition 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. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider confidence, but the number of shares is relatively small.
Key Dates
| Date | Description |
|---|---|
| 02/06/2023 | Issuer effected a 10-for-1 reverse stock split. |
| 04/01/2024 | Anthony D. Thomopoulos acquired 1,786 shares of common stock. |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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