Form 4: Kartoon Studios Director Anthony D. Thomopoulos Reports Acquisition of Common Stock
SEC Form 4 Filing
Anthony D. Thomopoulos, a director at Kartoon Studios, Inc., reported acquiring 2,549 shares of common stock at $1.03 per share on June 11, 2024.
Summary
- On June 11, 2024, Anthony D. Thomopoulos, a director of Kartoon Studios, Inc., filed a Form 4 to report a transaction.
- Thomopoulos acquired 2,549 shares of common stock at a price of $1.03 per share.
- Following the transaction, Thomopoulos directly owns 23,865 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 regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company directors and their investment decisions in the company's stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 02/06/2023 | Kartoon Studios effected a 10-for-1 reverse stock split. |
| 06/11/2024 | Anthony D. Thomopoulos acquired 2,549 shares of common stock at $1.03 per share. |
| 06/11/2024 | Date of Form 4 filing. |
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