Jacobs Jesse 4
4 · Funko, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Funko (FNKO) Director Jesse Jacobs Receives RSUs and Stock Options
What Happened
Jesse Jacobs, a Funko (FNKO) director, received two compensation awards on 2026-06-03: 14,368 restricted stock units (RSUs) and 21,445 stock options. Both grants were reported as awards (derivative transactions) with a reported acquisition price of $0.00. These awards were granted as board compensation and do not represent immediate ownership of shares.
Key Details
- Transaction date: 2026-06-03; Form 4 filed 2026-06-05 (filed within the typical two-business-day window).
- Award amounts: 14,368 RSUs and 21,445 options; price reported $0.00 (standard for grants).
- Vesting: Both the RSUs and the options vest and become exercisable on June 3, 2027, subject to continued service.
- Holdings after transaction: The filing does not state shares owned following these grants.
- Footnotes: Awards are held for the benefit of TCG Capital Management, LP; Jacobs disclaims beneficial ownership except for his pecuniary interest. RSUs convert to one share (or cash at the issuer’s election) upon vesting; options vest on the same date per the filing.
Context
These were grants (compensation) rather than purchases or sales—meaning no immediate cash transaction or change in market-owned shares. For retail investors, grants signal compensation tied to future service; they only translate into shares (or cash) if vesting and, for options, exercise conditions are met.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-06-03+14,368→ 14,368 total→ Class A Common Stock (14,368 underlying) - Award
Option to Purchase Class A Common Stock
[F2][F3]2026-06-03+21,445→ 21,445 totalExercise: $5.22Exp: 2036-06-03→ Class A Common Stock (21,445 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment. The RSUs vest on June 3, 2027, subject to the reporting person's continued service with the Issuer through the vesting date.
- [F2]The reporting person was granted 14,368 restricted stock units and 21,445 options to purchase Class A Common Stock as compensation for his service on the Issuer's board of directors and are held by the reporting person for the benefit of TCG Capital Management, LP ("TCG"). Pursuant to a Stockholders Agreement with the Issuer, TCG and its affiliates have the right to nominate up to two directors to the Issuer's board of directors, subject to certain ownership thresholds. The reporting person serves on the Issuer's board of directors pursuant to this right. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]The options will vest and become exercisable on June 3, 2027, subject to the reporting person's continued service with the Issuer through the vesting date.