Kartoon Studios (NASDAQ: TOON) CFO awarded 500,000 RSUs with multi-year vesting
Rhea-AI Filing Summary
Kartoon Studios, Inc. (TOON) reported an equity award to its Chief Financial Officer, who is identified as the reporting person on this Form 4. The officer beneficially owns 17,768 shares of common stock directly. In addition, on November 24, 2025, the officer received a grant of 500,000 restricted stock units at an exercise price of $0, each representing a right to receive one share of TOON common stock.
The 500,000 restricted stock units vest over three years, with 166,666 shares vesting on December 31, 2026, 166,666 shares vesting on December 31, 2027, and 166,668 shares vesting on December 31, 2028, subject to the officer’s continued employment. Vested shares will be delivered to the officer in equal installments in each calendar quarter following each vesting date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 500,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of TOON common stock. On November 24, 2025, the Reporting Person was granted 500,000 restricted stock units, vesting as follows: 166,666 shares on December 31, 2026, 166,666 shares on December 31, 2027, and 166,668 shares on December 31, 2028, subject to the Reporting Person's continued employment. Vested shares will be delivered to the Reporting Person in equal installments in each calendar quarter following the vesting date.