Oddie Andrew David 4

What Happened

• Andrew David Oddie, Funko’s Chief International Officer, had RSUs vest and converted/“exercised” into 11,581 shares (6,881 on 2026-03-06 and 4,700 on 2026-03-08). He sold 5,744 of those shares in open-market transactions on 2026-03-09 for total proceeds of about $24,978 (3,413 shares at a weighted avg $4.36 = $14,870; 2,331 shares at a weighted avg $4.34 = $10,108). The exercise/conversion transactions show $0 consideration because they were RSU vesting conversions.

Key Details

• Transaction dates: Exercises/conversions on 2026-03-06 and 2026-03-08; sales on 2026-03-09. Filing date: 2026-03-10 (appears timely).
• Sale prices: Weighted averages reported — $4.36 (range $4.30–$4.44) for 3,413 shares; $4.34 (range $4.31–$4.43) for 2,331 shares. Total cash received ≈ $24,978.
• Shares acquired by conversion: 11,581 shares from vested RSUs (no cash paid on conversion).
• Reason for sale: Footnote says shares were sold to cover taxes upon RSU vesting pursuant to a Rule 10b5-1 instruction (tax-withholding sale).
• RSU background: Grants cited — 27,525 RSUs granted 3/6/2023 (vest in 4 annual installments) and 18,798 RSUs granted 3/8/2022 (vest in 4 annual installments).
• Shares owned after transaction: Not specified in the provided filing (footnote notes Column 5 does not reflect any common units beneficially owned).
• Filing timeliness: Report filed 3/10/2026 for transactions through 3/09/2026; no late filing flag noted.

Context

• These were RSU vesting conversions followed by routine sales to cover taxes (a common, non-speculative practice). The exercise/conversion entries (code M) reflect conversion of restricted stock units into shares; the subsequent open-market sales (code S) are disposals.
• Such tax-withholding sales under a pre-established plan (10b5-1) are generally administrative and do not necessarily indicate the insider’s view of the company’s near-term prospects.