Form 4: Kartoon Studios Director Acquires Shares
SEC Form 4 Filing
Anthony D. Thomopoulos, a director at Kartoon Studios, Inc., acquired 5,140 shares of common stock on February 3, 2025.
Summary
- On February 3, 2025, Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., acquired 5,140 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Thomopoulos directly owns 74,104 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.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The acquisition of shares by a director could be viewed positively by shareholders as it may indicate confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 02/06/2023 | Issuer effected a 10-for-1 reverse stock split. |
| 01/16/2025 | Date of signature for the Form 4 filing. |
| 02/03/2025 | Date of the transaction where shares were acquired. |
Keywords
Kartoon Studios, TOON, Anthony Thomopoulos, Director, Stock Acquisition, Form 4, Beneficial Ownership, Reverse Stock Split
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