Funko (NASDAQ: FNKO) adds Reed Duchscher to Board as Class II director

Rhea-AI Filing Summary

Funko, Inc. reported changes to its Board of Directors. On January 11, 2026, Michael Lunsford resigned from the Board, effective January 12, 2026. The company expressed appreciation for his service and contributions.

On the same date, the Board elected Reed Duchscher as a Class II director, effective January 12, 2026. Mr. Duchscher, age 36, is the Chief Executive Officer of Night Inc., a next-generation talent management and venture platform focused on influential creators, artists and brands. The Board cites his leadership experience and knowledge of the content creation industry as reasons for his appointment. He will be compensated under Funko’s Non-Employee Director Compensation Policy and is expected to enter into the company’s standard indemnification agreement.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

January 11, 2026

Date of Report (Date of earliest event reported)

FUNKO, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware		001-38274		35-2593276
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2802 Wetmore Avenue

Everett, Washington 98201

(Address of Principal Executive Offices) (Zip Code)

(425) 783-3616

(Registrant’s telephone number, including area code)

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock, $0.0001 par value per share		FNKO		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 11, 2026, Michael Lunsford resigned as a member of the Board of Directors (the “Board”) of Funko, Inc. (the “Company”), effective January 12, 2026 (the “Effective Date”). The Company thanks Mr. Lunsford for his service on the Board and for the contributions he has made to the Company.

On January 11, 2026, the Board elected Reed Duchscher as a Class II director of the Company, effective on the Effective Date.

Mr. Duchscher, age 36, has served as the Chief Executive Officer of Night Inc., a next-generation talent management and venture platform that partners with the world’s most influential creators, artists and brands, since July 2015. Mr. Duchscher received his B.A. of Science from North Dakota State University and his Masters in Sports Administration from Fairleigh Dickinson University. The Board believes Mr. Duchscher is qualified to serve as a director of the Company due to his leadership experience working with creators and knowledge of the content creation industry.

Mr. Duchscher will be compensated consistent with the Company’s Non-Employee Director Compensation Policy as disclosed in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 30, 2025. The Company expects to enter into the Company’s standard form of indemnification agreement with Mr. Duchscher.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 14, 2026				FUNKO, INC.
				By:		/s/ Tracy D. Daw
						Tracy D. Daw
						Chief Legal Officer and Secretary

FAQ

What Board changes did Funko (FNKO) disclose in this Form 8-K?

Funko disclosed that Michael Lunsford resigned from its Board of Directors effective January 12, 2026, and that the Board elected Reed Duchscher as a Class II director effective the same date.

When did Michael Lunsford resign from Funko (FNKO)'s Board?

Michael Lunsford resigned as a member of Funko’s Board of Directors on January 11, 2026, with the resignation effective January 12, 2026.

Who is the new Class II director appointed to Funko (FNKO)'s Board?

Funko’s Board elected Reed Duchscher as a Class II director, effective January 12, 2026.

What is Reed Duchscher’s professional background relevant to Funko (FNKO)?

Reed Duchscher has served as Chief Executive Officer of Night Inc., a next-generation talent management and venture platform partnering with influential creators, artists and brands, since July 2015. The Board highlights his leadership experience and knowledge of the content creation industry.

How will new director Reed Duchscher be compensated at Funko (FNKO)?

Reed Duchscher will be compensated in line with Funko’s Non-Employee Director Compensation Policy as described in its definitive proxy statement filed on April 30, 2025, and is expected to enter into the company’s standard indemnification agreement.

Does Funko (FNKO) explain why Reed Duchscher is qualified to serve as a director?

Funko’s Board states that Mr. Duchscher is qualified to serve as a director due to his leadership experience working with creators and his knowledge of the content creation industry.