Funko director settles 17,419 RSUs into shares
Jacobs Jesse reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Jacobs Jesse reported acquisition or exercise transactions in this Form 4 filing.
Funko, Inc. director Jesse Jacobs reported the settlement of 17,419 restricted stock units into Class A common shares. These RSUs were granted as board compensation on June 12, 2025, vested on June 12, 2026 and were settled in shares on June 15, 2026.
After the settlement, 34,486 shares of Class A Common Stock are reported as directly held. According to the disclosure, these securities are held for the benefit of TCG Capital Management, LP, which has director nomination rights, and Jacobs disclaims beneficial ownership except for his pecuniary interest.
Insider Trade Summary
17,419 shares exercised/converted
Exercise
2 txns
Insider
Jacobs Jesse
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,419 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 17,419 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 34,486 shares (Direct)
Footnotes (2)
- F1. 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. The RSUs included on this report were received on June 12, 2025, vested on June 12, 2026 and were settled in shares of Class A Common Stock on June 15, 2026.
- F2. The securities included in this report were granted to the reporting person as compensation for his service on the Issuer's board of directors. Such securities are held by the reporting person for the benefit of TCG Capital Management, LP ("TCG"). Pursuant to a Stockholders Agreement with the Issuer, TCG and its affiliates have the right to nominate up to two directors to the Issuer's board of directors, subject to certain ownership thresholds. The reporting person serves on the Issuer's board of directors pursuant to this right. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
RSUs settled: 17,419 units
Shares after transaction: 34,486 shares
RSU grant date: June 12, 2025
+2 more
5 metrics
RSUs settled
17,419 units
Restricted stock units settled into Class A Common Stock
Shares after transaction
34,486 shares
Class A Common Stock reported as directly held after settlement
RSU grant date
June 12, 2025
Grant date for reported restricted stock units
RSU vesting date
June 12, 2026
Vesting date of the reported RSUs
Settlement date
June 15, 2026
RSUs settled in shares of Class A Common Stock
Key Terms
Restricted Stock Units, pecuniary interest, Stockholders Agreement, beneficial ownership, +1 more
5 terms
Restricted Stock Units financial
"The RSUs included on this report were received on June 12, 2025, vested on June 12, 2026 and were settled in shares..."
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.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein..."
Stockholders Agreement financial
"Pursuant to a Stockholders Agreement with the Issuer, TCG and its affiliates have the right to nominate up to two directors..."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16..."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Jesse Jacobs report in this Funko (FNKO) Form 4 filing?
Jesse Jacobs reported the settlement of 17,419 restricted stock units into Funko Class A Common Stock. The RSUs were board compensation that vested in June 2026 and were settled in shares on June 15, 2026.
What are the key terms of the RSUs reported by Jesse Jacobs at Funko (FNKO)?
Each restricted stock unit represents a contingent right to receive one Funko Class A share or equivalent cash. The reported RSUs were granted June 12, 2025, vested June 12, 2026, and settled in shares on June 15, 2026 as compensation for board service.
Does Jesse Jacobs treat this Funko (FNKO) equity as personal beneficial ownership?
The filing states Jesse Jacobs disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest. The shares and RSUs were granted as compensation but are held for the benefit of TCG Capital Management, LP under existing arrangements.
AI-generated analysis. How Rhea-AI works. Not financial advice.
