STOCK TITAN

Funko (NASDAQ: FNKO) director receives new stock options and RSU awards

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

Positive

  • None.

Negative

  • None.
Insider Duchscher Reed
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 14,368 $0.00 --
Grant/Award Option to Purchase Class A Common Stock 21,445 $0.00 --
Holdings After Transaction: Restricted Stock Units — 14,368 shares (Direct, null); Option to Purchase Class A Common Stock — 21,445 shares (Direct, null)
Footnotes (1)
  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. The RSUs vest on June 3, 2027, subject to the Reporting Person's continued service with the Issuer through the vesting date. 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.
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
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.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Duchscher Reed

(Last)(First)(Middle)
C/O FUNKO, INC.
2802 WETMORE AVE

(Street)
EVERETT WASHINGTON 98201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Funko, Inc. [ FNKO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/03/2026A14,368 (1) (1)CLASS A COMMON STOCK14,368$014,368D
Option to Purchase Class A Common Stock$5.2206/03/2026A21,445 (2)06/03/2036CLASS A COMMON STOCK21,445$021,445D
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. The RSUs vest on June 3, 2027, subject to the Reporting Person's continued service with the Issuer through the vesting date.
2. 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.
Remarks:
/s/ Tracy Daw, as Attorney-in-Fact for Reed Duchscher06/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

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.