Kartoon Studios, Inc.·4

Mar 19, 6:55 PM ET

Davis Gray 4

Research Summary

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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.