JAKKS (JAKK) Director Neilwantie Exercises Options, Receives RSUs

What Happened

• Director Mahabir-Somai Neilwantie exercised 4,827 derivative shares (transaction code M) at an exercise/conversion price of $24.44 per share (value = $117,972), and a matching 4,827 shares were recorded as disposed the same day (derivative disposition, $117,972). In addition, Neilwantie acquired 3,478 shares as a grant/award (A) valued at $24.44 each (value = $85,002). The activity on 2026-09-09 shows an exercise/conversion with same-day disposition plus receipt of RSU-related shares.

Key Details

• Transaction date: 2026-09-09; filing date: 2026-09-11 (appears timely; Form 4 is generally due within two business days).
• Prices and values: exercised/disposed 4,827 shares @ $24.44 (total $117,972); received 3,478 RSUs @ $24.44 (total $85,002).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes of note:
  • F1: RSUs vested per terms described in a prior filing.
  • F2–F3: RSUs issued under the Issuer’s 2002 Stock Award and Incentive Plan and governed by an RSU agreement; generally not transferable and vest in one installment on the first anniversary (vesting requires Board membership).
  • F4 & F6: $24.44 represents the NASDAQ closing price used for the vest/grant reference.
  • F5: Some shares may be subject to the company’s minimum stock ownership rules.

Context

• The filings show an option exercise (M) coupled with a same-day disposition of the exercised derivative shares — i.e., the exercised shares were not retained in full. Separately, the reporting person received RSU-related shares (A); footnotes indicate these RSUs are governed by standard restrictions/vesting terms. These are routine insider actions (exercise/settlement and RSU issuance) rather than an open-market buy or gift; they should be interpreted factually rather than as a direct market sentiment indicator.