Funko (FNKO) Director Charles Denson Converts 17,419 RSUs

What Happened Charles D. Denson, a director of Funko, converted 17,419 restricted stock units (RSUs) into 17,419 shares of Class A Common Stock on June 12, 2026. The filing shows an acquisition at $0.00 per share (conversion of RSUs) and an immediate disposition of the same 17,419 shares (reported as a derivative disposition). No cash was paid or received in the conversion/disposition — the reported dollar value is $0.

Key Details

• Transaction date: June 12, 2026; Form 4 filed June 16, 2026 (timely filing).
• Transaction codes: M (exercise/conversion of derivative); reported acquisition 17,419 shares @ $0.00 and disposition 17,419 shares @ $0.00.
• Shares after transaction: The filing does not list a total post-transaction beneficial ownership amount on its face; footnotes indicate shares are held by affiliated entities.
• Footnotes: F1—RSUs converted one-for-one into Class A shares. F2—some shares held by Fielding Road LLC. F3—some shares held by Denson Investments LLC. F4—each RSU was a contingent right to one share (or cash at issuer’s election); RSUs fully vested on June 12, 2026 subject to continued service.
• No sale for cash was reported; the shares were moved into affiliated LLCs rather than sold on the open market.

Context This was a conversion/vesting event (RSUs becoming stock), not a market purchase or cash sale. For retail investors, conversions like this are typically routine (vesting of compensation) and do not by themselves signal a buy or sell decision; the shares were transferred to entities affiliated with the reporting person.