Funko (FNKO) chief international officer sells 34,656 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Funko, Inc. insider Andrew David Oddie, the company’s Chief International Officer, reported an open-market sale of Class A common stock. He sold 34,656 shares at a price of $6.00 per share on May 8, 2026 under a pre-arranged Rule 10b5-1 trading plan. After this transaction, he directly holds 34,657 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 34,656 shares ($207,936)
Net Sell
1 txn
Insider
Oddie Andrew David
Role
CHIEF INTERNATIONAL OFFICER
Sold
34,656 shs ($208K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS A COMMON STOCK | 34,656 | $6.00 | $208K |
Holdings After Transaction:
CLASS A COMMON STOCK — 34,657 shares (Direct, null)
Footnotes (1)
- Shares were sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 16, 2025 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The total number of Class A Common Stock reported in Column 5 does not reflect any common units beneficially owned by the Reporting Person.
Key Figures
Shares sold: 34,656 shares
Sale price per share: $6.00 per share
Shares held after sale: 34,657 shares
3 metrics
Shares sold
34,656 shares
Class A common stock sold on May 8, 2026
Sale price per share
$6.00 per share
Open-market sale of Class A common stock
Shares held after sale
34,657 shares
Direct holdings of Class A common stock following transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, beneficially owned, Section 16
4 terms
Rule 10b5-1 trading plan regulatory
"Shares were sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action is described as an open-market sale of Class A common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficially owned financial
"does not reflect any common units beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Section 16 regulatory
"Form 4 is a Section 16 filing reporting insider transactions in issuer equity"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did Funko (FNKO) report for Andrew David Oddie?
Funko reported that Chief International Officer Andrew David Oddie sold 34,656 shares of Class A common stock. The sale occurred on May 8, 2026 at $6.00 per share in an open-market transaction under a Rule 10b5-1 trading plan.
Was the Funko (FNKO) insider sale by Andrew David Oddie pre-planned?
Yes. The filing states the shares were sold pursuant to a Rule 10b5-1 trading plan adopted by Andrew David Oddie. Such plans pre-schedule trades, meaning the timing of this May 8, 2026 sale was determined in advance under SEC Rule 10b5-1.
What type of transaction code appears in the Funko (FNKO) Form 4 for Andrew David Oddie?
The Form 4 shows transaction code "S," which indicates a sale in an open market or private transaction. This code applies to the 34,656 shares of Funko Class A common stock sold by Andrew David Oddie on May 8, 2026.