Parisi Brian 4/A

What Happened Brian Parisi, Chief Financial Officer of Kartoon Studios (TOON), was granted 500,000 restricted stock units (RSUs) effective January 1, 2026. The RSUs were granted at $0.00 (no cash paid up front); each RSU represents a contingent right to one share of TOON common stock and will convert to shares only if and when they vest. Vesting is scheduled as 166,666 shares on Jan 1, 2027; 166,666 shares on Jan 1, 2028; and 166,668 shares on Jan 1, 2029, subject to Parisi’s continued employment.

Key Details

• Transaction type: Award/Grant of RSUs (code A); 500,000 RSUs acquired on 2026-01-01 at $0.00 per unit.
• Vesting schedule: 166,666 on 2027-01-01; 166,666 on 2028-01-01; 166,668 on 2029-01-01 (subject to continued employment).
• Each RSU equals the contingent right to receive one share upon vesting (per footnote).
• Filing: This is a Form 4/A (amendment) filed 2026-04-01 that amends an earlier Form 4 originally filed 12/03/2025 to correct the transaction date and to report RSU grants in Table I going forward.
• Shares owned after the transaction are not specified on this Form 4/A.
• Timeliness: The amendment was filed well after the January 1, 2026 transaction date; the correction may reflect a reporting adjustment (Form 4s are normally required within two business days of a transaction).

Context RSU grants are a form of compensation and do not represent immediate purchases or sales of stock; they create a contingent claim to future shares if vesting conditions are met. For retail investors, awards like this indicate long-term compensation alignment but are not a direct bullish/bearish trade by the insider since no shares were bought or sold at the time of grant.