Kartoon Studios (TOON) director reports 6,452-share stock award and 139,419 total holdings

Rhea-AI Filing Summary

Kartoon Studios, Inc. director reports stock grant

A director of Kartoon Studios, Inc. (TOON) reported acquiring 6,452 shares of common stock on December 11, 2025. The transaction is coded as an acquisition at a stated price of $0, indicating this was likely an award rather than an open-market purchase. After this transaction, the director beneficially owns 139,419 shares of Kartoon Studios common stock in direct ownership.

The filing also notes that on February 6, 2023, Kartoon Studios implemented a 10-for-1 reverse stock split, where every 10 shares of voting common stock were converted into 1 share of common stock, which affects how past share amounts should be viewed relative to current holdings.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider THOMOPOULOS ANTHONY D

Role Director

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

Holdings After Transaction: Common Stock — 139,419 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^*

THOMOPOULOS ANTHONY D

(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	139,419(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/ Anthony D. Thomopoulos	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) disclose in this Form 4?

The filing reports that a Kartoon Studios director acquired 6,452 shares of common stock on December 11, 2025, coded as an acquisition at a price of $0 per share.

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

Following the reported transaction, the director beneficially owns 139,419 shares of Kartoon Studios common stock in direct ownership.

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

The reporting person is identified as a Director of Kartoon Studios, Inc. and filed the Form 4 as a single reporting person.

Was the Kartoon Studios (TOON) insider transaction under a Rule 10b5-1 trading plan?

The form includes a checkbox for transactions made under a Rule 10b5-1(c) trading plan, but the provided excerpt does not indicate that this box was checked.

What reverse stock split did Kartoon Studios (TOON) previously complete?

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.

Does this Kartoon Studios (TOON) Form 4 report any derivative securities?

The document includes a table for derivative securities, but the provided excerpt does not list any specific options, warrants, or other derivative positions for this reporting person.