[Form 4] Kartoon Studios, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Brian Parisi, Chief Financial Officer of Kartoon Studios, Inc. (TOON), reported a non-derivative acquisition of 2,917 shares of the company's common stock on 09/15/2025. After the transaction he beneficially owned 17,768 shares, held directly. The transaction is recorded with a $0 per-share price on the Form 4.

Positive

• Insider increased direct ownership by 2,917 shares, suggesting alignment with shareholders
• Clear, complete Form 4 disclosure listing reporting person, role (CFO/director), and post-transaction holdings of 17,768 shares

Negative

• None.

Insights

Securities Analyst

TL;DR: A routine insider acquisition increases the CFO's direct stake; transaction recorded at $0 per share.

This Form 4 documents a straightforward, non-derivative acquisition by the company's CFO, adding 2,917 common shares to his direct holdings and bringing total direct beneficial ownership to 17,768 shares. The filing shows the price as $0 per share, which is what the Form reports; the item is concise and contains no derivative transactions or other disclosures.

Corporate Governance Expert

TL;DR: Insider purchase reported; disclosure is clear and limited in scope.

The submission identifies the reporting person, relationship to the issuer (CFO and director), and the specific share count change. It is a routine Section 16 transaction report and contains no amendments, joint filings, or additional commentary. No other material corporate governance events are disclosed in this Form 4.

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
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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 CA 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2025		A		2,917	A	$0	17,768	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:

Remarks:

	/s/ Brian Parisi	09/16/2025
	** 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.

FAQ

What did Kartoon Studios (TOON) insider Brian Parisi report on this Form 4?

The Form 4 reports a non-derivative acquisition of 2,917 common shares by Brian Parisi, increasing his direct beneficial ownership to 17,768 shares.

What relationship does the reporting person have with TOON?

The reporting person, Brian Parisi, is listed as an Officer (CFO) and a Director of Kartoon Studios, Inc.

On what date was the transaction reported and what price is shown?

The transaction date shown is 09/15/2025 and the Form records a price of $0 per share for the reported acquisition.

How many shares did Brian Parisi own after the reported transaction?

Following the reported acquisition, Brian Parisi beneficially owned 17,768 common shares.

Does the Form 4 show any derivative transactions or dispositions?

No; the Form 4 shows only a non-derivative acquisition of common stock and does not report any derivative transactions or dispositions.