Director Sarah Kirshbaum Levy converts 17,419 RSUs into Funko (FNKO) Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Funko, Inc. director Sarah Kirshbaum Levy reported an exercise of equity awards rather than an open-market trade. On June 12, 2026, 17,419 restricted stock units converted into the same number of shares of Class A Common Stock on a one-for-one basis.
Following this RSU conversion and vesting, Levy directly holds 40,892 shares of Funko Class A Common Stock. The RSUs had fully vested on June 12, 2026, subject to her continued service with the company through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,419 shares exercised/converted
Mixed
2 txns
Insider
Levy Sarah Kirshbaum
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,419 | $0.00 | -- |
| Exercise | CLASS A COMMON STOCK | 17,419 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
CLASS A COMMON STOCK — 40,892 shares (Direct, null)
Footnotes (1)
- Restricted stock units ("RSUs") converted into Class A Common Stock on a one-for-one basis. Each 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. The RSUs have fully vested on June 12, 2026, subject to the Reporting Person's continued service with the Issuer through the vesting date.
Key Figures
RSUs converted: 17,419 units
Shares acquired via RSU conversion: 17,419 shares
Total shares held after transaction: 40,892 shares
+1 more
4 metrics
RSUs converted
17,419 units
Restricted stock units converting one-for-one into Class A Common Stock on June 12, 2026
Shares acquired via RSU conversion
17,419 shares
Class A Common Stock received from RSU exercise/conversion
Total shares held after transaction
40,892 shares
Director’s direct ownership of Funko Class A Common Stock after RSU conversion
RSU conversion price
$0.00 per unit
Equity award conversion of restricted stock units with no exercise price
Key Terms
Restricted Stock Units, RSUs, Class A Common Stock, contingent right
4 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") converted into Class A Common Stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each 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."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Class A Common Stock financial
"Restricted stock units ("RSUs") converted into Class A Common Stock on a one-for-one basis."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each 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."
FAQ
What did Funko (FNKO) director Sarah Kirshbaum Levy report in this Form 4?
Sarah Kirshbaum Levy reported the conversion of restricted stock units into Class A Common Stock. She exercised 17,419 RSUs, receiving an equal number of shares as part of her equity compensation, rather than buying stock on the open market.
Is Sarah Kirshbaum Levy’s Funko (FNKO) Form 4 a stock purchase or RSU vesting?
The Form 4 reflects RSU vesting and conversion, not an open-market stock purchase. Levy’s 17,419 restricted stock units converted into the same number of Class A Common shares as her equity award fully vested on June 12, 2026.
What are the terms of Sarah Kirshbaum Levy’s Funko (FNKO) restricted stock units?
Each restricted stock unit represents a contingent right to receive one Funko Class A share or an equivalent cash payment. The RSUs fully vested on June 12, 2026, conditioned on Levy’s continued service with Funko through that vesting date.