Form 4: Kartoon Studios Director Acquires Shares in Recent Transaction
SEC Form 4 Filing
Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., acquired 4,140 shares of common stock on April 4, 2025.
Summary
- On April 4, 2025, Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., acquired 4,140 shares of common stock.
- The acquisition was a direct transaction.
- Following the transaction, Thomopoulos beneficially owns 91,388 shares of Kartoon Studios, Inc. common stock.
- The price per share for the acquired shares was $0.
- A 10-for-1 reverse stock split was effected by the issuer on February 6, 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't indicate positive or negative performance.
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 between management and shareholders.
Stakeholder Impact
- The acquisition of shares by a director may signal confidence in the company's future prospects to shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/06/2023 | Kartoon Studios effected a 10-for-1 reverse stock split. |
| 04/04/2025 | Anthony D. Thomopoulos acquired 4,140 shares of common stock. |
| 04/07/2025 | Date of signature for the Form 4 filing. |
Keywords
Kartoon Studios, TOON, Form 4, Beneficial Ownership, Director, Anthony D. Thomopoulos, Stock Acquisition, Reverse Stock Split
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