Kartoon Studios (TOON) Director Anthony Thomopoulos Receives Award

What Happened

Anthony D. Thomopoulos, a director of Kartoon Studios, received an equity award of 8,772 shares on 2026-09-21. The shares were reported as acquired at $0.00, indicating a non-cash grant (transaction code A). The filing shows no cash value paid by the insider at the time of the acquisition.

Key Details

• Transaction date: 2026-09-21 (reported on Form 4, accession 0001628280-26-062839)
• Transaction type/code: Award/Grant (A) — 8,772 shares acquired at $0.00
• Reported dollar amount paid: $0 (no cash exchanged on grant)
• Shares owned after transaction: Not specified in the data provided in this summary; check the full Form 4 for beneficial ownership totals
• Footnotes/plan details: None provided in the supplied transaction summary (vesting schedule, tax withholding, or 10b5-1 plan not stated)
• Timeliness: Filing date equals the report period (2026-09-21), indicating a timely report based on the provided info

Context

An "A" award typically reflects compensation (e.g., restricted stock or RSUs) granted to a director and does not necessarily indicate a personal cash purchase or sale by the insider. While acquisitions can be viewed positively, awards are often part of standard director compensation and may be subject to vesting or other restrictions—check the company's proxy or Form 8-K for grant terms and vesting. Retail investors should review the full Form 4 and related filings for complete ownership figures and any conditions attached to the grant.