Funko (FNKO) executive sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Funko, Inc. executive Andrew David Oddie, Chief International Officer, reported recent equity compensation activity and related share sales. He exercised restricted stock units into 9,767 and 12,600 shares of Class A common stock on March 12 and March 13, 2026, respectively, at a conversion price of $0.00 per share.
To cover taxes upon these RSU vestings, he conducted open-market sales of 4,844 shares at a weighted average price of $4.1292 on March 13, 2026 and 6,250 shares at $3.71 on March 16, 2026, under a Rule 10b5-1 instruction letter entered into in June 2019. Following these transactions, he directly held 69,313 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,094 shares ($43,189)
Net Sell
6 txns
Insider
Oddie Andrew David
Role
CHIEF INTERNATIONAL OFFICER
Sold
11,094 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS A COMMON STOCK | 6,250 | $3.71 | $23K |
| Exercise | Restricted Stock Units | 12,600 | $0.00 | -- |
| Sale | CLASS A COMMON STOCK | 4,844 | $4.1292 | $20K |
| Exercise | CLASS A COMMON STOCK | 12,600 | $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 — 69,313 shares (Direct);
Restricted Stock Units — 25,200 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 RSUs pursuant to a Rule 10b5-1 instruction letter entered into in June 2019. 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. 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. The total number of Class A common stock reported in Column 5 does not reflect any common units beneficially owned by the Reporting Person. 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 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.
FAQ
What did Funko (FNKO) executive Andrew Oddie report in this Form 4 filing?
Andrew Oddie reported exercising restricted stock units into Class A common shares and then selling a portion of those shares. The transactions reflect routine equity compensation vesting and related sales rather than a new open-market purchase program.
What RSU grants are disclosed for Andrew Oddie in this Funko (FNKO) Form 4?
Footnotes disclose RSU grants of 39,069 units on March 12, 2025 and 50,400 units on March 13, 2024. Each grant vests in four equal annual installments, conditioned on Andrew Oddie’s continued employment with Funko through each vesting date.