Daw Tracy D 4

What Happened

• Tracy D. Daw, Chief Legal Officer of Funko, was granted 123,750 restricted stock units (RSUs) on 2026-03-17 (reported as a derivative award, $0 cash paid) and sold 12,793 shares on 2026-03-18 in an open-market transaction for a weighted-average price of $3.65, generating approximately $46,656 in proceeds. The RSU grant represents contingent rights to receive one share of Class A common stock (or cash at the issuer’s election).

Key Details

• Transactions: RSU award (Code A) on 2026-03-17; open-market sale (Code S) on 2026-03-18.
• Sale price: weighted average $3.65; sale prices ranged from $3.50 to $3.93 (report notes per-share breakdown available on request).
• Sale method: shares sold pursuant to a 10b5-1 trading plan adopted Nov 11, 2025 (footnote F1).
• RSU terms: each RSU equals one share (or cash equivalent) and vests in four equal installments on the first through fourth anniversaries of March 17, 2026, subject to continued employment (footnotes F4–F5).
• Shares owned after the transaction: not specified in the filing; footnote notes common units held by the reporting person are not reflected (F3).
• Filing timeliness: Reported on 2026-03-19 for transactions on 2026-03-17 and 2026-03-18; no late-filing flag indicated.

Context

• The RSU award is a compensation grant and does not represent immediately issued shares; vesting is time-based over four years.
• The small open-market sale was executed under a pre-established 10b5-1 plan, which is commonly used to systematically sell shares and is generally considered routine rather than a spontaneous signal of sentiment.
• No indication the reporting person is a 10% owner; this is officer-level activity.