Kartoon Studios Director Anthony D. Thomopoulos Receives 5,299 Shares

What Happened
Anthony D. Thomopoulos, a director of Kartoon Studios, Inc. (TOON), was awarded 5,299 shares on June 30, 2026. The filing reports an acquisition (transaction code A) at a reported price of $0.00, indicating these shares were granted rather than purchased on the open market.

Key Details

• Transaction date: 2026-06-30 (filed with the SEC on 2026-07-02).
• Shares granted: 5,299; reported acquisition price: $0.00 (total cash paid $0).
• Shares owned after transaction: not specified in the reported details.
• Transaction type: Grant/Award (code A) — likely equity compensation (e.g., restricted stock or similar).
• Footnote: The issuer completed a 10-for-1 reverse stock split on February 6, 2023; historical share amounts are reflected accordingly.
• Filing timeliness: The report was filed July 2 for a June 30 transaction; the filing does not indicate a late-report designation.

Context
Grants of shares to directors are typically part of compensation arrangements and do not represent an open-market purchase (which some investors view as a more direct bullish signal). Such awards can dilute existing shareholders over time and often vest according to a schedule set by the company. For full context on vesting, plan terms, and total holdings, review the company’s proxy statements and subsequent Form 4 filings.