Jacobs Jesse 4
4 · Funko, Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Funko (FNKO) Director Jesse Jacobs Converts RSUs to 17,419 Shares
What Happened Jesse Jacobs, a director of Funko, reported the conversion/settlement of 17,419 derivative RSU units into 17,419 shares of Class A common stock. The Form 4 shows an "exercise or conversion of derivative" (code M) with 17,419 shares acquired at $0.00 and a corresponding 17,419-share disposition at $0.00 — this reflects RSU vesting and settlement rather than a cash purchase or open-market sale.
Key Details
- Transaction date: June 12, 2026 (report filed June 15, 2026).
- Instrument/Code: RSU settlement / conversion (SEC transaction code M).
- Shares involved: 17,419 shares acquired and 17,419 shares disposed (both at $0.00).
- Consideration: $0.00 per share (no cash payment reported).
- Ownership after transaction: The filing disclaims beneficial ownership; securities are held for the benefit of TCG Capital Management, LP (see footnote).
- Footnotes: F1 notes RSUs were granted June 12, 2025, vested June 12, 2026, and were settled in shares on June 15, 2026. F2 explains the shares were granted as director compensation and are held for the benefit of TCG; Jacobs disclaims beneficial ownership except for any pecuniary interest.
- Timeliness: Filing date (June 15, 2026) reflects a timely Form 4 submission following the June 12 transaction.
Context
- This was a compensation-related RSU vesting and settlement, not an open-market purchase or sale for cash. The paired "acquired" and "disposed" entries reflect conversion/settlement mechanics and the transfer/holding arrangement described in the footnotes.
- Because the securities are held for the benefit of TCG and Jacobs disclaims beneficial ownership, this transaction should be interpreted as an administrative settlement of director compensation rather than a personal buy or sell signaling a view on the stock.
Insider Transaction Report
Form 4
Funko, Inc.FNKO
Jacobs Jesse
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F2][F1]2026-06-12+17,419→ 34,486 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-12−17,419→ 0 total→ Class A Common Stock (17,419 underlying)
Footnotes (2)
- [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 included on this report were received on June 12, 2025, vested on June 12, 2026 and were settled in shares of Class A Common Stock on June 15, 2026.
- [F2]The securities included in this report were granted to the reporting person as compensation for his service on the Issuer's board of directors. Such securities 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.
Signature
/s/ Lauren Goldberg, as Attorney-in-Fact for Jesse Jacobs|2026-06-15