Kartoon Studios (TOON) director Loesch reports acquisition of 6,452 shares in Form 4

Rhea-AI Filing Summary

Kartoon Studios, Inc. director Margaret Loesch reported a change in her ownership of the company’s common stock. On 12/11/2025, she acquired 6,452 shares of Kartoon Studios common stock at a stated price of $0, bringing her total directly held beneficial ownership to 69,899 shares after the transaction.

The filing also notes that on February 6, 2023, Kartoon Studios implemented a 10-for-1 reverse stock split, in which every 10 shares of voting common stock were automatically converted into 1 share of common stock, providing context for historical share amounts.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider LOESCH MARGARET

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,452	$0.00	--

Holdings After Transaction: Common Stock — 69,899 shares (Direct)

Footnotes (1)

1. [object Object]

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^*

LOESCH MARGARET

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

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	12/11/2025		A		6,452	A	$0	69,899(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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/ Margaret Loesch	12/12/2025
	** 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 insider transaction did Kartoon Studios (TOON) report in this Form 4?

The filing reports that director Margaret Loesch acquired 6,452 shares of Kartoon Studios common stock on 12/11/2025.

How many Kartoon Studios (TOON) shares does the reporting person own after the transaction?

After the reported transaction, the director beneficially owns 69,899 shares of Kartoon Studios common stock, held directly.

At what price were the Kartoon Studios (TOON) shares acquired in this Form 4?

The 6,452 shares of Kartoon Studios common stock were reported as acquired at a price of $0 per share.

What is the relationship of the reporting person to Kartoon Studios (TOON)?

The reporting person, Margaret Loesch, is identified as a director of Kartoon Studios, Inc.

Does the Form 4 for Kartoon Studios (TOON) include any derivative securities?

Table II for derivative securities is present but does not list any acquired, disposed, or beneficially owned derivative securities for this transaction.

What reverse stock split information does Kartoon Studios (TOON) disclose in this filing?

The filing explains that on February 6, 2023, Kartoon Studios effected a 10-for-1 reverse stock split, converting every 10 shares of voting common stock into 1 share of common stock.