Form 4: Gray Davis Reports Acquisition of Kartoon Studios Stock
SEC Form 4 Filing
Director Gray Davis reports acquiring 8,475 shares of Kartoon Studios, Inc. common stock on January 3, 2025.
Summary
- Gray Davis, a director of Kartoon Studios, Inc., filed a Form 4 to report a transaction.
- On January 3, 2025, Davis acquired 8,475 shares of common stock at $0.
- Following the transaction, Davis beneficially owns 50,170 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 routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/06/2023 | Issuer effected a 10-for-1 reverse stock split. |
| 01/03/2025 | Gray Davis acquired 8,475 shares of common stock. |
| 01/06/2025 | Date of signature for the Form 4 filing. |
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