Form 4: Kartoon Studios (TOON) director acquires 3,205 shares at $0

Q: What did TOON disclose in this Form 4?

Director Anthony D. Thomopoulos reported acquiring 3,205 shares of Kartoon Studios common stock on 11/03/2025 at $0.

Q: How many TOON shares does Thomopoulos own after the transaction?

He beneficially owns 129,381 shares held directly after the reported transaction.

Q: What is the reporter’s relationship to Kartoon Studios (TOON)?

He is a Director of Kartoon Studios, Inc.

Q: What is the significance of the reverse split note?

The filing notes a 10-for-1 reverse stock split effective February 6, 2023, which consolidated prior holdings.

Q: Was the ownership recorded as direct or indirect?

The filing indicates direct ownership of the reported shares.

Kartoon Studios (TOON) director Anthony D. Thomopoulos reported an insider acquisition.

Accepted by SEC EDGAR 11/05/2025 - 02:06 PM EST

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Rhea-AI Filing Summary

Kartoon Studios (TOON) director Anthony D. Thomopoulos reported an insider acquisition. On 11/03/2025, he acquired 3,205 shares of common stock at a price of $0. Following this transaction, his beneficial ownership stands at 129,381 shares held directly.

The filing also references the company’s 10-for-1 reverse stock split effective February 6, 2023, which consolidated prior common shares. This report was made on a Form 4 under Section 16 rules.

Insider Trade Summary

Grant/Award: 3,205 shares

Grant/Award 1 txn

Insider THOMOPOULOS ANTHONY D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,205	$0.00	$0.00

Holdings After Transaction: Common Stock — 129,381 shares (Direct)

Footnotes (1)

F1. On February 6, 2023, the issuer effected a 10-for-1 reverse stock split of the issued and outstanding shares of its common stock (the "2023 Reverse Stock Split"). Upon effectiveness of the 2023 Reverse Stock Split, every 10 shares of voting common stock was automatically converted into 1 share of common stock.

FAQ

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What did TOON disclose in this Form 4?

Director Anthony D. Thomopoulos reported acquiring 3,205 shares of Kartoon Studios common stock on 11/03/2025 at $0.

How many TOON shares does Thomopoulos own after the transaction?

He beneficially owns 129,381 shares held directly after the reported transaction.

What was the transaction price for the TOON shares?

The reported transaction price was $0 per share.

What is the reporter’s relationship to Kartoon Studios (TOON)?

He is a Director of Kartoon Studios, Inc.

What is the significance of the reverse split note?

The filing notes a 10-for-1 reverse stock split effective February 6, 2023, which consolidated prior holdings.

Was the ownership recorded as direct or indirect?

The filing indicates direct ownership of the reported shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

THOMOPOULOS ANTHONY D

(Last)

(First)

(Middle)

C/O KARTOON STUDIOS, INC.

190 N. CANON DRIVE, 4TH FLOOR

(Street)

BEVERLY HILLS

90210

(City)

(State)

(Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
11/03/2025

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/03/2025		A		3,205	A	$0	129,381⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On February 6, 2023, the issuer effected a 10-for-1 reverse stock split of the issued and outstanding shares of its common stock (the "2023 Reverse Stock Split"). Upon effectiveness of the 2023 Reverse Stock Split, every 10 shares of voting common stock was automatically converted into 1 share of common stock.

Remarks:

	/s/ Anthony D. Thomopoulos	11/05/2025
	** 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.

Source: View Original Filing on SEC EDGAR