Davis Gray 4
Research Summary
AI-generated summary
Kartoon Studios (TOON) Director Davis Gray Receives 8,570-Share Award
What Happened
- Davis Gray, a director of Kartoon Studios, received an award/acquisition of 8,570 shares on March 19, 2026. The filing reports the acquisition price as $0.00 (transaction code A), so the filing shows no cash paid for the shares. The filing does not state a dollar value based on market price.
Key Details
- Transaction date: 2026-03-19; transaction type: Award/Grant (code A).
- Shares acquired: 8,570; reported price per share: $0.00 (total reported cost $0).
- Shares owned after the transaction: Not disclosed in this filing.
- Notable footnote: The issuer completed a 10-for-1 reverse stock split on Feb 6, 2023; reported share counts reflect post-split shares.
- Filing timeliness: Reported on the same date (no late-file indication).
Context
- This was an equity award (grant), commonly used for director compensation; such grants do not necessarily indicate buying or selling intent. The $0.00 price in the filing reflects the award reporting method — the economic value to the insider depends on the company’s market price at grant or vesting.