Jacobs Jesse 4
Research Summary
AI-generated summary
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.