Form 4: Gray Davis, Kartoon Studios Director, Reports Acquisition of Common Stock

Director Gray Davis reported acquiring 9,806 shares of Kartoon Studios, Inc. common stock on January 3, 2025.

Summary

• On January 3, 2025, Gray Davis, a director of Kartoon Studios, Inc., acquired 9,806 shares of common stock.
• The acquisition price was $0.
• Following the transaction, Davis directly owns 41,695 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, so the sentiment is neutral.

Positives

• A director increasing their holdings in the company can be seen as a positive signal.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of shares by a director could positively influence shareholder sentiment.

Key Dates