Were the Funko (FNKO) CFO’s share sales part of a Rule 10b5-1 plan?

Yes. The filing states the shares were sold to cover taxes upon RSU vesting pursuant to a Rule 10b5-1 sell-to-cover instruction dated June 14, 2023. Such pre-arranged plans typically automate trades, reducing the significance of transaction timing as a discretionary signal.

Funko (NASDAQ: FNKO) CFO sells 6,031 shares in RSU tax trades

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Funko, Inc. CFO Yves Le Pendeven reported a mix of RSU vesting and related share sales. On March 12–13, he exercised restricted stock units into a total of 18,167 shares of Class A common stock at a conversion price of $0.00 per share. Over March 13 and March 16, he sold 6,031 shares of Class A common stock in open-market transactions at weighted average prices of $4.1448 and $3.7381 per share to cover taxes upon RSU vesting under a Rule 10b5-1 sell-to-cover instruction dated June 14, 2023. Following these transactions, he directly holds 58,074 shares of Class A common stock.

Insider Trade Summary

Net Seller: 6,031 shares ($23,846)

Net Sell 6 txns

Insider Le Pendeven Yves

Role CFO

Sold 6,031 shs ($24K)

Type	Security	Shares	Price	Value
Sale	CLASS A COMMON STOCK	2,832	$3.7381	$11K
Exercise	Restricted Stock Units	8,400	$0.00	--
Sale	CLASS A COMMON STOCK	3,199	$4.1448	$13K
Exercise	CLASS A COMMON STOCK	8,400	$0.00	--
Exercise	Restricted Stock Units	9,767	$0.00	--
Exercise	CLASS A COMMON STOCK	9,767	$0.00	--

Holdings After Transaction: CLASS A COMMON STOCK — 58,074 shares (Direct); Restricted Stock Units — 16,800 shares (Direct)

Footnotes (1)

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. Shares were sold to cover taxes upon the vesting of restricted stock units pursuant to a Rule 10b5-1 sell to cover instruction date June 14 2023. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.12 to $4.27, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.66 to $3.92, 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. 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. On March 13, 2024, the Reporting Person was granted 33,600 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.

Form 4 Insider Transactions: What Each Field Means →

03/16/2026 - 06:20 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Le Pendeven Yves

(Last)

(First)

(Middle)

C/O FUNKO, INC.

2802 WETMORE AVENUE

(Street)

EVERETT

98201

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Funko, Inc. [ FNKO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
CLASS A COMMON STOCK	03/12/2026		M		9,767	A	$0⁽¹⁾	55,705	D
CLASS A COMMON STOCK	03/13/2026		S		3,199⁽²⁾	D	$4.1448⁽³⁾	52,506	D
CLASS A COMMON STOCK	03/13/2026		M		8,400	A	$0⁽¹⁾	60,906	D
CLASS A COMMON STOCK	03/16/2026		S		2,832⁽²⁾	D	$3.7381⁽⁴⁾	58,074	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/12/2026		M			9,767	⁽⁵⁾	⁽⁵⁾	CLASS A COMMON STOCK	9,767	$0	29,302	D
Restricted Stock Units	⁽¹⁾	03/13/2026		M			8,400	⁽⁶⁾	⁽⁶⁾	CLASS A COMMON STOCK	8,400	$0	16,800	D

Explanation of Responses:

1. 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.

2. Shares were sold to cover taxes upon the vesting of restricted stock units pursuant to a Rule 10b5-1 sell to cover instruction date June 14 2023.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.12 to $4.27, 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.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.66 to $3.92, 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.

5. 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.

6. On March 13, 2024, the Reporting Person was granted 33,600 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.

Remarks:

	/s/ Tracy D. Daw as Attorney-in-Fact for Yves Le Pendeven	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Funko (FNKO) CFO Yves Le Pendeven report?

Funko CFO Yves Le Pendeven reported exercising restricted stock units into 18,167 shares of Class A common stock and selling 6,031 shares in open-market transactions. These sales were tied to tax obligations from RSU vesting under a pre-established Rule 10b5-1 sell-to-cover instruction.

How many Funko (FNKO) shares did the CFO sell and at what prices?

The CFO sold 6,031 shares of Funko Class A common stock. The transactions occurred at weighted average prices of $4.1448 and $3.7381 per share, with actual sales executed in multiple trades within disclosed price ranges on March 13 and March 16.

How many Funko (FNKO) shares does the CFO hold after these transactions?

After completing the RSU exercises and related sales, the CFO directly holds 58,074 shares of Funko Class A common stock. This figure reflects his position following the last reported transaction on March 16 and helps put the scale of the 6,031-share sale in context.

What type of equity compensation is involved in the Funko (FNKO) CFO’s Form 4?

The Form 4 involves restricted stock units, or RSUs. Each RSU represents a contingent right to receive one share of Class A common stock or an equivalent cash payment, with grants vesting in four equal annual installments subject to continued employment on each vesting date.

What RSU grants to the Funko (FNKO) CFO are mentioned in the filing footnotes?

Footnotes note RSU grants of 39,069 units on March 12, 2025 and 33,600 units on March 13, 2024. Each grant vests in four equal annual installments on the first through fourth anniversaries of the grant date, conditioned on the CFO’s continued employment with Funko.