Form 4: Kartoon Studios Director Acquires Shares in Recent Transaction
SEC Form 4 Filing
Henry Sicignano III, a director of Kartoon Studios, Inc., acquired 8,228 shares of common stock on March 20, 2025.
Summary
- On March 20, 2025, Henry Sicignano III, a director of Kartoon Studios, Inc., acquired 8,228 shares of common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Sicignano directly owns 49,214 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 SEC filing reporting a transaction by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests.
Stakeholder Impact
- The transaction could have a minor impact on shareholders by slightly increasing the number of shares held by a director.
Key Dates
| Date | Description |
|---|---|
| 02/06/2023 | Kartoon Studios effected a 10-for-1 reverse stock split. |
| 03/20/2025 | Henry Sicignano III acquired 8,228 shares of common stock. |
| 03/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Kartoon Studios, TOON, Henry Sicignano III, Director, Stock Acquisition, Form 4, Beneficial Ownership, Reverse Stock Split
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