Kartoon Studios CEO gifts 20,903 TOON shares

Q: What transaction did Kartoon Studios (TOON) CEO Andy Heyward disclose on Form 4?

Andy Heyward disclosed a bona fide gift of 20,903 Kartoon Studios common shares to Bnei Akiva of Los Angeles. He received no consideration for this transfer, and the transaction involved his directly held common stock rather than option exercises or market sales.

Q: How many Kartoon Studios (TOON) shares did Andy Heyward gift and to whom?

Andy Heyward gifted 20,903 shares of Kartoon Studios common stock to Bnei Akiva of Los Angeles. The transfer is described as a bona fide gift, and the disclosure states that he received no consideration in return for these shares.

Q: How many TOON common shares does Andy Heyward hold after the reported gift?

After the gift, Andy Heyward directly holds 1,721,036 Kartoon Studios common shares. He also indirectly owns 124 shares through the Heyward Living Trust and 99,073 shares over which he holds voting and dispositive power, according to the disclosure footnotes.

Q: What Restricted Stock Units does Andy Heyward hold in Kartoon Studios (TOON)?

Andy Heyward holds Restricted Stock Units covering 1,031,249 underlying TOON shares. Each RSU represents a contingent right to receive one share of Kartoon Studios common stock, and the balance reflects previously granted RSUs reported under their respective terms in earlier Form 4 reports.

Q: What indirect Kartoon Studios (TOON) shareholdings are reported for Andy Heyward?

The disclosure notes that Andy Heyward indirectly owns 124 shares of common stock held by the Heyward Living Trust and an additional 99,073 shares of common stock over which he holds voting and dispositive power, expanding his ownership beyond directly held and RSU-related shares.

Accepted by SEC EDGAR 08/06/2026 - 05:33 PM EDT

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Form Type

Rhea-AI Filing Summary

Kartoon Studios, Inc. CEO and Chairman Andy Heyward reported a bona fide gift of 20,903 shares of common stock to Bnei Akiva of Los Angeles, receiving no consideration. After the gift, he directly holds 1,721,036 common shares, 1,031,249 RSUs, and additional indirect holdings of 124 and 99,073 shares.

Insider Trade Summary

20,903 shares gifted

Gift 1 txn

Insider Heyward Andy

Role CEO and Chairman

Type	Security	Shares	Price	Value
Gift	Common Stock, par value $0.001 per share ^F1	20,903	$0.00	$0.00
Holding	Restricted Stock Units ^{F4, F5}	--	--	--
Holding	Common Stock, par value $0.001 per share ^F2	--	--	--
Holding	Common Stock, par value $0.001 per share ^F3	--	--	--

Holdings After Transaction: Common Stock, par value $0.001 per share — 1,721,036 shares (Direct); Restricted Stock Units — 1,031,249 units (Direct); Common Stock, par value $0.001 per share — 99,197 shares (Indirect, See Footnote)

Footnotes (5)

F1. The reported transaction was a bona fide gift by the Reporting Person of 20,903 shares of Common Stock to Bnei Akiva of Los Angeles. The Reporting Person received no consideration for the shares.
F2. The Reporting Person indirectly owns 124 shares of common stock held by Heyward Living Trust.
F3. The Reporting Person indirectly owns 99,073 shares of common stock over which the Reporting Person holds voting and dispositive power.
F4. Each restricted stock unit represents a contingent right to receive one share of TOON common stock.
F5. The reported balance of RSUs includes previously granted and reported RSUs in accordance with their respective terms described in prior Form 4 filings.

Key Figures

Shares gifted: 20,903 shares Direct common shares after transaction: 1,721,036 shares Restricted Stock Units: 1,031,249 RSUs +2 more

5 metrics

Shares gifted 20,903 shares Bona fide gift of common stock to Bnei Akiva of Los Angeles

Direct common shares after transaction 1,721,036 shares Directly held Kartoon Studios common stock following 20,903-share gift

Restricted Stock Units 1,031,249 RSUs RSUs representing a contingent right to an equal number of TOON common shares

Indirect shares via Heyward Living Trust 124 shares Indirect ownership held by Heyward Living Trust

Indirect shares with voting and dispositive power 99,073 shares Indirect holdings over which the reporting person holds voting and dispositive power

Key Terms

bona fide gift, Restricted Stock Units, voting and dispositive power, indirectly owns

4 terms

bona fide gift financial

"The reported transaction was a bona fide gift by the Reporting Person"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

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.

voting and dispositive power financial

"owns 99,073 shares of common stock over which the Reporting Person holds voting and dispositive power"

indirectly owns financial

"The Reporting Person indirectly owns 124 shares of common stock held by Heyward Living Trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Kartoon Studios (TOON) CEO Andy Heyward disclose on Form 4?

Andy Heyward disclosed a bona fide gift of 20,903 Kartoon Studios common shares to Bnei Akiva of Los Angeles. He received no consideration for this transfer, and the transaction involved his directly held common stock rather than option exercises or market sales.

How many Kartoon Studios (TOON) shares did Andy Heyward gift and to whom?

Andy Heyward gifted 20,903 shares of Kartoon Studios common stock to Bnei Akiva of Los Angeles. The transfer is described as a bona fide gift, and the disclosure states that he received no consideration in return for these shares.

How many TOON common shares does Andy Heyward hold after the reported gift?

After the gift, Andy Heyward directly holds 1,721,036 Kartoon Studios common shares. He also indirectly owns 124 shares through the Heyward Living Trust and 99,073 shares over which he holds voting and dispositive power, according to the disclosure footnotes.

What Restricted Stock Units does Andy Heyward hold in Kartoon Studios (TOON)?

Andy Heyward holds Restricted Stock Units covering 1,031,249 underlying TOON shares. Each RSU represents a contingent right to receive one share of Kartoon Studios common stock, and the balance reflects previously granted RSUs reported under their respective terms in earlier Form 4 reports.

What indirect Kartoon Studios (TOON) shareholdings are reported for Andy Heyward?

The disclosure notes that Andy Heyward indirectly owns 124 shares of common stock held by the Heyward Living Trust and an additional 99,073 shares of common stock over which he holds voting and dispositive power, expanding his ownership beyond directly held and RSU-related shares.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Heyward Andy

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026

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)

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, par value $0.001 per share	08/05/2026		G⁽¹⁾		20,903	D	$0	1,721,036	D
Common Stock, par value $0.001 per share								124	I	See Footnote⁽²⁾
Common Stock, par value $0.001 per share								99,073	I	See Footnote⁽³⁾

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)
Restricted Stock Units	⁽⁴⁾							⁽⁵⁾	⁽⁵⁾	Common Stock, par value $0.001 per share	1,031,249		1,031,249	D

Explanation of Responses:

1. The reported transaction was a bona fide gift by the Reporting Person of 20,903 shares of Common Stock to Bnei Akiva of Los Angeles. The Reporting Person received no consideration for the shares.

2. The Reporting Person indirectly owns 124 shares of common stock held by Heyward Living Trust.

3. The Reporting Person indirectly owns 99,073 shares of common stock over which the Reporting Person holds voting and dispositive power.

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

5. The reported balance of RSUs includes previously granted and reported RSUs in accordance with their respective terms described in prior Form 4 filings.

Remarks:

	/s/ Andy Heyward	08/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR