Funko, Inc.·4

Jun 16, 4:16 PM ET

EDWARDS TREVOR A 4

Research Summary

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Funko (FNKO) Director Trevor A. Edwards Receives 17,419 Shares

What Happened

  • Trevor A. Edwards, a director of Funko, had 17,419 restricted stock units (RSUs) convert into 17,419 shares of Class A common stock on June 12, 2026. The Form 4 reports an acquisition via conversion and a simultaneous derivative disposition of the same 17,419 shares. Both entries list a $0.00 per-share price (total value reported $0), consistent with RSU-to-share conversion reporting.

Key Details

  • Transaction date: June 12, 2026; Form 4 filed June 16, 2026 (timely filing).
  • Reported entries: 17,419 shares acquired (conversion) and 17,419 shares disposed (derivative), price $0.00; transaction code M (exercise/conversion of derivative).
  • Shares owned after the transaction: not specified in the filing.
  • Footnotes: F1 — RSUs converted to Class A common stock on a one-for-one basis. F2 — Each RSU is a contingent right to 1 share (or cash at issuer election); RSUs fully vested on June 12, 2026, subject to continued service.
  • The filing does not state a cash sale or other sale proceeds; the derivative disposition is reported but the form does not explain the reason (e.g., tax withholding or cash settlement).

Context

  • This was a vesting/conversion of RSUs (an award becoming stock), not an open-market purchase or sale by the director. Such conversions are routine when equity awards vest and do not by themselves signal a buy or sell decision.
  • Transaction code M indicates conversion of a derivative security (here, RSUs). Retail investors should note the filing is informational about equity award settlement; it does not necessarily reflect a change in the director’s bullish or bearish view.