TOON (NYSE: TOON) holder files Rule 144 to sell 101,798 shares

Rhea-AI Filing Summary

A holder of TOON common stock has filed a Rule 144 notice to sell up to 101,798 shares on the NYSE through broker Charles Schwab Corp., with an indicated aggregate market value of 76,348.50. These shares are part of a broader equity position, as the filer previously acquired 103,914 common shares on 12/12/2024 through equity compensation from the issuer.

During the past three months, the same seller, Henry Sicignano III, has already sold 60,000 common shares in three separate transactions of 20,000 shares each on 12/15/2025, 12/16/2025, and 12/17/2025, for gross proceeds of 14,323.92, 14,772.58, and 14,772.26. The issuer has 53,905,697 common shares outstanding, providing context for the relative size of these planned and recent sales.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab Corp. 3000 Schwab Way Westlake TX 76262	101798	76348.50	53905697	12/26/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/12/2024	Equity Compensation	Issuer			103914	12/12/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Henry Sicignano III 190 N. CANON, 4TH FLOOR BEVERLY HILLS CA 90210	Common	12/17/2025	20000	14772.26
Henry Sicignano III 190 N. CANON, 4TH FLOOR, BEVERLY HILLS CA 90210	Common	12/16/2025	20000	14772.58
Henry Sicignano III 190 N. CANON, 4TH FLOOR,, BEVERLY HILLS CA 90210	Common	12/15/2025	20000	14323.92

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the TOON Rule 144 filing disclose about planned share sales?

The notice states that a holder plans to sell up to 101,798 shares of TOON common stock on the NYSE through Charles Schwab Corp., with an aggregate market value of 76,348.50.

Who is selling TOON shares under this Rule 144 notice and how many shares were recently sold?

Henry Sicignano III is the seller. Over the past three months he sold 60,000 common shares of TOON in three blocks of 20,000 shares each on 12/15/2025, 12/16/2025, and 12/17/2025, with gross proceeds of 14,323.92, 14,772.58, and 14,772.26.

How were the TOON shares being sold under Rule 144 originally acquired?

The 103,914 common shares linked to this activity were acquired on 12/12/2024 as equity compensation from the issuer, rather than through a cash purchase.

How many TOON shares are outstanding compared with the amount being sold?

The issuer has 53,905,697 common shares outstanding. The Rule 144 notice covers up to 101,798 shares, which is a small portion of the total shares outstanding.

On which exchange will the TOON Rule 144 shares be sold and through which broker?

The planned sales of TOON common stock are to be executed on the NYSE, with Charles Schwab Corp. listed as the broker handling the transactions.

What representation does the TOON seller make about non-public information in the Rule 144 notice?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.