Funko director granted options and RSUs
Funko, Inc. director Reed Duchscher reported receiving new equity awards as part of his compensation.
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Form Type
4
Rhea-AI Filing Summary
Funko, Inc. director Reed Duchscher reported receiving new equity awards as part of his compensation. He was granted options to purchase 21,445 shares of Class A common stock at an exercise price of $5.22 per share, vesting on June 3, 2027 if he remains in service.
He also received 14,368 restricted stock units, each representing one share of Class A common stock or an equivalent cash payment at Funko’s election. These RSUs also vest on June 3, 2027, contingent on continued service. The filing does not reflect any open‑market purchases or sales, only compensation-related grants.
Insider Trade Summary
Grant/Award: 35,813 shares
Grant/Award
2 txns
Insider
Duchscher Reed
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,368 | $0.00 | $0.00 |
| Grant/Award | Option to Purchase Class A Common Stock | 21,445 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 14,368 contracts (Direct);
Option to Purchase Class A Common Stock — 21,445 contracts (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 vest on June 3, 2027, subject to the Reporting Person's continued service with the Issuer through the vesting date.
- F2. The option will vest and become exercisable on June 3, 2027, subject to the Reporting Person's continued service with the Issuer through the vesting date.
Key Figures
Stock options granted: 21,445 options
Option exercise price: $5.22 per share
Options post-transaction holdings: 21,445 options
+4 more
7 metrics
Stock options granted
21,445 options
Option to Purchase Class A Common Stock granted June 3, 2026
Option exercise price
$5.22 per share
Exercise price for options granted to director
Options post-transaction holdings
21,445 options
Total options held after grant
RSUs granted
14,368 RSUs
Restricted Stock Units granted June 3, 2026
RSU post-transaction holdings
14,368 RSUs
Total RSUs held after grant
Vesting date
June 3, 2027
Vesting date for options and RSUs, contingent on continued service
Option expiration
June 3, 2036
Expiration date of granted stock options
Key Terms
Restricted Stock Units, Option to Purchase Class A Common Stock, exercise price, vesting, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock..."
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.
Option to Purchase Class A Common Stock financial
"The option will vest and become exercisable on June 3, 2027..."
exercise price financial
"conversion_or_exercise_price: "5.2200" for the option grant"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The RSUs vest on June 3, 2027, subject to the Reporting Person's continued service..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date: "2036-06-03T00:00:00.000Z" for the stock option grant"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Funko (FNKO) director Reed Duchscher report?
Reed Duchscher reported receiving equity awards, not trading stock. He was granted stock options and restricted stock units as compensation, increasing his potential future ownership in Funko if the awards vest and, in the case of options, are exercised.
How many Funko (FNKO) stock options were granted to Reed Duchscher and at what price?
Duchscher received options on 21,445 Funko shares at a $5.22 exercise price. These options allow him to buy Class A common stock at $5.22 per share once they vest, potentially benefiting him if the market price is higher at exercise.
What restricted stock units did Reed Duchscher receive from Funko (FNKO)?
Duchscher was granted 14,368 restricted stock units (RSUs). Each RSU represents a right to one share of Funko Class A common stock or an equivalent cash payment, subject to Funko’s election, if and when the units vest under the award terms.
When do Reed Duchscher’s Funko (FNKO) equity awards vest?
Both the options and RSUs vest on June 3, 2027. Vesting requires Duchscher to continue serving Funko through that date, aligning his compensation with longer-term involvement at the company rather than immediate cash or stock transactions.
Are Reed Duchscher’s reported Funko (FNKO) transactions open-market buys or sells?
No, the filing shows compensation-related grants, not market trades. The transactions are coded as awards of options and RSUs, with no reported open-market purchases or sales of Funko common stock on the transaction date.
What is the expiration date of Reed Duchscher’s Funko (FNKO) stock options?
The granted stock options expire on June 3, 2036. If they are not exercised by that date, they lapse. Exercise is only possible after vesting on June 3, 2027, and while the options remain within their term.
AI-generated analysis. How Rhea-AI works. Not financial advice.
