Form 4: Kartoon Studios Director Anthony Thomopoulos Acquires 3,571 Shares

Kartoon Studios Director Anthony D. Thomopoulos has acquired 3,571 shares of common stock at a price of $0, increasing his total beneficial ownership to 109,282 shares.

Summary

• Anthony D. Thomopoulos, a Director of Kartoon Studios, Inc. (TOON), acquired 3,571 shares of common stock.
• The transaction occurred on July 1, 2025, with an acquisition price of $0 per share.
• Following this transaction, Mr. Thomopoulos beneficially owns a total of 109,282 shares of Kartoon Studios common stock.
• The filing notes a 10-for-1 reverse stock split effected by the issuer on February 6, 2023, where every 10 shares of voting common stock were converted into 1 share of common stock.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if a grant, generally signals alignment of interests and confidence in the company, contributing to a positive sentiment.

Positives

• A director's acquisition of shares, even at a $0 price (likely a grant), generally indicates alignment of interests between management and shareholders.
• The increase in beneficial ownership by a director can be viewed as a sign of confidence in the company's future prospects.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing details an insider transaction, which is a routine disclosure for publicly traded companies. It does not provide broader industry context or trends.

Related Party Transactions

• Anthony D. Thomopoulos, a Director of Kartoon Studios, Inc., acquired 3,571 shares of common stock from the company at a price of $0.

Stakeholder Impact

• Shareholders: The acquisition of shares by a director can be seen as a positive signal of management's commitment and belief in the company's value. If the shares were granted as compensation, it could lead to minor dilution, though the amount is small relative to total shares outstanding.

Key Dates

Keywords

Kartoon Studios, TOON, Anthony D. Thomopoulos, SEC Form 4, Insider Trading, Stock Acquisition, Director Ownership, Common Stock, Beneficial Ownership, Reverse Stock Split