Kartoon Studios (TOON) CFO receives 500,000 RSU grant vesting through 2029

Rhea-AI Filing Summary

Parisi Brian reported acquisition or exercise transactions in this Form 4 filing.

Kartoon Studios CFO Brian Parisi reported an amended grant of 500,000 restricted stock units (RSUs) tied to TOON common stock. This Form 4/A corrects the transaction date previously reported and moves the RSU disclosure from the derivative table to the non-derivative table.

The RSUs represent a contingent right to receive 500,000 shares, vesting in three tranches: 166,666 shares on January 1, 2027, 166,666 shares on January 1, 2028, and 166,668 shares on January 1, 2029, subject to his continued employment. Following this grant, Parisi directly holds 529,435 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Parisi Brian

Role CFO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	500,000	$0.00	--

Holdings After Transaction: Common Stock — 529,435 shares (Direct)

Footnotes (1)

1. This Form 4/A amends the Form 4 originally filed on 12/3/2025 to correct the transaction date. The Reporting Person had reported the restricted stock unit grant in Table II of the original Form 4 but has determined to hereafter report this and any future restricted stock unit grants in Table I. Grant of restricted stock units representing a contingent right to receive shares of TOON common stock. The restricted stock units will vest as follows: 166,666 shares on January 1, 2027, 166,666 shares on January 1, 2028, and 166,668 shares on January 1, 2029, subject to the Reporting Person's continued employment. Each restricted stock unit represents a contingent right to receive one share of TOON common stock.

Key Figures

RSU grant size: 500,000 restricted stock units First vesting tranche: 166,666 RSUs Second vesting tranche: 166,666 RSUs +3 more

6 metrics

RSU grant size 500,000 restricted stock units Contingent right to receive TOON common stock

First vesting tranche 166,666 RSUs Vesting on January 1, 2027

Second vesting tranche 166,666 RSUs Vesting on January 1, 2028

Third vesting tranche 166,668 RSUs Vesting on January 1, 2029

Shares after transaction 529,435 shares Total direct holdings following RSU grant

Grant price per share $0.00 per share Reported transaction price for RSU grant

Key Terms

restricted stock units, contingent right, Table II, Table I, +1 more

5 terms

restricted stock units financial

"Grant of restricted stock units representing a contingent right to receive shares of TOON 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.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of TOON common stock."

Table II regulatory

"had reported the restricted stock unit grant in Table II of the original Form 4"

Table I regulatory

"has determined to hereafter report this and any future restricted stock unit grants in Table I."

continued employment financial

"will vest as follows ... subject to the Reporting Person's continued employment."

Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Parisi Brian

(Last) (First) (Middle)

C/O KARTOON STUDIOS, INC.

190 N. CANON DRIVE, 4TH FLOOR

(Street)

BEVERLY HILLS CALIFORNIA 90210

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Kartoon Studios, Inc. [ TOON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
12/03/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/01/2026(1)		A		500,000(2)(3)	A	$0	529,435	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This Form 4/A amends the Form 4 originally filed on 12/3/2025 to correct the transaction date. The Reporting Person had reported the restricted stock unit grant in Table II of the original Form 4 but has determined to hereafter report this and any future restricted stock unit grants in Table I.

2. Grant of restricted stock units representing a contingent right to receive shares of TOON common stock. The restricted stock units will vest as follows: 166,666 shares on January 1, 2027, 166,666 shares on January 1, 2028, and 166,668 shares on January 1, 2029, subject to the Reporting Person's continued employment.

3. Each restricted stock unit represents a contingent right to receive one share of TOON common stock.

Remarks:

	/s/ Brian Parisi	04/01/2026
	** Signature of Reporting Person	Date
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 transaction did Kartoon Studios (TOON) CFO Brian Parisi report?

Kartoon Studios CFO Brian Parisi reported an amended grant of 500,000 restricted stock units. These RSUs represent a contingent right to receive TOON common shares, replacing an earlier Form 4 entry that had reported the grant in the derivative securities table.

How do Brian Parisi’s Kartoon Studios (TOON) RSUs vest over time?

The 500,000 restricted stock units vest in three equal annual tranches. 166,666 RSUs vest on January 1, 2027, another 166,666 on January 1, 2028, and 166,668 on January 1, 2029, all conditioned on Parisi’s continued employment with Kartoon Studios.

What does each restricted stock unit mean in Brian Parisi’s TOON grant?

Each restricted stock unit represents a contingent right to receive one share of TOON common stock. This means Parisi does not receive shares immediately; he gains shares only as the RSUs vest according to the specified employment-based schedule.

Why is this Kartoon Studios (TOON) filing labeled Form 4/A instead of Form 4?

The filing is an amendment because it corrects the previously reported transaction date. It also changes how the restricted stock unit grant is reported, moving it from the derivative securities table (Table II) to the non-derivative securities table (Table I).

How many Kartoon Studios (TOON) shares does Brian Parisi hold after this RSU grant?

After the reported restricted stock unit grant, Brian Parisi’s total direct holdings are 529,435 TOON shares. This figure reflects his position following the acquisition entry recorded in the amended Form 4/A filing for the RSU award.

What condition applies to the vesting of Brian Parisi’s TOON restricted stock units?

Vesting of Brian Parisi’s TOON restricted stock units is subject to continued employment. If he remains employed, tranches vest on January 1 of 2027, 2028, and 2029, allowing him to receive the corresponding common stock shares over time.