Oddie Andrew David 4
4 · Funko, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Funko (FNKO) Chief International Officer Andrew Oddie Sells 11,094 Shares
What Happened
Andrew David Oddie, Funko’s Chief International Officer, had restricted stock units (RSUs) convert to common shares and sold a portion to cover taxes. On March 12–13, 2026 he acquired 22,367 shares at $0.00 upon conversion/settlement of RSUs (reported as derivative exercises/conversions). He then sold 4,844 shares on March 13 at a weighted average price of $4.13 for proceeds of $20,002, and sold 6,250 shares on March 16 at a weighted average price of $3.71 for proceeds of $23,188 — total sale proceeds $43,190. These sales are routine tax-withholding/covering transactions rather than open-market purchases.
Key Details
- Transaction dates: RSU conversions/acquisitions on 2026-03-12 and 2026-03-13; sales on 2026-03-13 and 2026-03-16.
- Shares acquired (from RSU conversion): 22,367 shares at $0.00.
- Shares sold (open market/private sale): 11,094 shares for total proceeds of $43,190 (4,844 @ $4.13; 6,250 @ $3.71).
- Price ranges: the $4.13 weighted avg sale ranged from $4.11–$4.20 (footnote F3); the $3.71 weighted avg sale ranged from $3.655–$3.90 (footnote F4).
- Purpose of sales: Shares were sold to cover taxes upon RSU vesting pursuant to a Rule 10b5-1 instruction letter (footnote F2).
- RSU details: Each RSU converts to one share or cash at issuer election (F1). Grants referenced: 39,069 RSUs granted 3/12/2025 vesting in four annual installments (F6); 50,400 RSUs granted 3/13/2024 vesting in four annual installments (F7).
- Shares owned after transaction: Not specified in the provided excerpt / filing snippet.
- Filing: Form 4 filed 2026-03-16 reporting transactions from 3/12–3/16. (Check the full filing for any timeliness flag.)
Context
- These transactions reflect RSU vesting and tax-withholding sales (common, administrative actions) rather than discretionary purchases or a net insider buy.
- For derivative entries: “Exercise/conversion of derivative” here refers to RSUs settling into shares (acquired at $0), with some of those shares subsequently sold to satisfy tax obligations.
- Such tax-withholding sales typically do not indicate a change in insider sentiment; retail investors should view them as routine unless accompanied by additional voluntary open-market buying or selling.
Insider Transaction Report
Form 4
Funko, Inc.FNKO
Oddie Andrew David
CHIEF INTERNATIONAL OFFICER
Transactions
- Exercise/Conversion
CLASS A COMMON STOCK
[F1]2026-03-12+9,767→ 67,807 total - Sale
CLASS A COMMON STOCK
[F2][F3]2026-03-13$4.13/sh−4,844$20,002→ 62,963 total - Exercise/Conversion
CLASS A COMMON STOCK
[F1]2026-03-13+12,600→ 75,563 total - Sale
CLASS A COMMON STOCK
[F2][F4][F5]2026-03-16$3.71/sh−6,250$23,188→ 69,313 total - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-12−9,767→ 29,302 total→ CLASS A COMMON STOCK (9,767 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F7]2026-03-13−12,600→ 25,200 total→ CLASS A COMMON STOCK (12,600 underlying)
Footnotes (7)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment.
- [F2]Shares were sold to cover taxes upon the vesting of RSUs pursuant to a Rule 10b5-1 instruction letter entered into in June 2019.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.11 to $4.20, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.655 to $3.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]The total number of Class A common stock reported in Column 5 does not reflect any common units beneficially owned by the Reporting Person.
- [F6]On March 12, 2025, the Reporting Person was granted 39,069 RSUs, vesting in four equal annual installments on each of the first through fourth anniversaries of March 12, 2025, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
- [F7]On March 13, 2024, the Reporting Person was granted 50,400 RSUs, vesting in four equal annual installments on each of the first through fourth anniversaries of March 13, 2024, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
Signature
/s/ Tracy D. Daw as Attorney-in-Fact for Andrew David Oddie|2026-03-16