Heyward Andy 4
4 · Kartoon Studios, Inc. · Filed Sep 23, 2025
Insider Transaction Report
Form 4
HEYWARD ANDREW A
DirectorCEO10% Owner
Transactions
- Award
Restricted Stock Units
2025-09-19+2,000,000→ 3,031,249 total→ Common Stock, par value $0.001 per share (2,000,000 underlying)
Holdings
- 99,073(indirect: See Footnote)
Common Stock, par value $0.001 per share
- 1,783,115
Common Stock, par value $0.001 per share
- 124(indirect: See Footnote)
Common Stock, par value $0.001 per share
Footnotes (4)
- [F1]The Reporting Person indirectly owns 99,073 shares of common stock over which the Reporting Person holds voting and dispositive power.
- [F2]The Reporting Person indirectly owns 124 shares of common stock held by Heyward Living Trust.
- [F3]Each restricted stock unit represents a contingent right to receive one share of TOON common stock.
- [F4]The Reporting Person was granted 2,000,000 restricted stock units pursuant to a new employment agreement signed on August 25, 2025, which will vest in three equal installments on the first, second and third anniversaries of the grant date, subject to the Reporting Person's continued employment.