Funko, Inc. 8-K

What Happened

• Funko, Inc. announced in an 8-K that director Michael Lunsford resigned from the Board effective January 12, 2026. On January 11, 2026, the Board elected Reed Duchscher as a Class II director, with his appointment also effective January 12, 2026. Mr. Duchscher is age 36 and has served as CEO of Night Inc., a talent management and venture platform, since July 2015.

Key Details

• Michael Lunsford resigned effective January 12, 2026.
• Reed Duchscher elected by the Board on January 11, 2026; appointment effective January 12, 2026.
• Duchscher’s background: CEO of Night Inc. since July 2015; B.A. of Science from North Dakota State University; Masters in Sports Administration from Fairleigh Dickinson University.
• Compensation and legal protections: Duchscher will be paid under Funko’s Non-Employee Director Compensation Policy (as disclosed in Funko’s April 30, 2025 proxy) and the company expects to enter its standard form of indemnification agreement with him.

Why It Matters

• This 8-K updates Funko’s board composition and governance. Investors should note the change in directors and the addition of a board member with leadership experience in creator talent and content-driven businesses—areas relevant to Funko’s IP, merchandising, and content partnerships. The filing confirms the company will apply its existing director pay policy and standard indemnification for the new director; it does not report other changes to management, committees, or financial terms.