Form 4: Gray Davis, Director at Kartoon Studios, Acquires Shares
SEC Form 4 Filing
Director Gray Davis acquired 8,228 shares of Kartoon Studios, Inc. common stock on March 20, 2025.
Summary
- Gray Davis, a director of Kartoon Studios, Inc., acquired 8,228 shares of common stock on March 20, 2025.
- The shares were acquired at a price of $0.
- Following the transaction, Davis directly owns 58,398 shares of Kartoon Studios, Inc.
- A 10-for-1 reverse stock split was effected by the issuer on February 6, 2023.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's share acquisition, which can be interpreted as a slightly positive signal, but without further context, it's difficult to gauge the overall impact.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may view the director's share acquisition as a positive sign of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/06/2023 | Issuer effected a 10-for-1 reverse stock split. |
| 03/20/2025 | Gray Davis acquired 8,228 shares of common stock. |
| 01/06/2025 | Date of signature. |
Keywords
Kartoon Studios, Gray Davis, Director, Share Acquisition, Beneficial Ownership, Form 4, TOON
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