Kartoon Studios Director Davis Gray Receives 5,299-Share Award

What Happened

• Davis Gray, a director of Kartoon Studios, was granted 5,299 shares on June 30, 2026. The Form 4 lists the acquisition as an award/grant at $0.00 per share (total reported cash value $0), indicating these were issued as compensation or a similar non‑cash award rather than a market purchase.

Key Details

• Transaction date and price: 2026-06-30; 5,299 shares at $0.00 per share (award/grant).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The filing notes a prior 10‑for‑1 reverse stock split effective Feb 6, 2023; reported share counts are post‑split (see footnote F1).
• Filing timeliness: Form filed 2026-07-02. No late filing was indicated in the information provided.

Context

• Award/grant transactions like this typically reflect compensation or board/consulting grants and do not necessarily signal immediate buying or selling intent. They differ from open‑market purchases (which indicate personal cash investment) or sales (which can signal cashing out).