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

Rhea-AI Filing Summary

On June 20, 2025, Kartoon Studios, Inc. (ticker TOON) filed a Form 4 reporting an insider equity transaction by Chief Financial Officer Brian Parisi. On June 19, 2025, the executive acquired 2,917 shares of common stock at an indicated price of $0.00, implying a compensatory share grant rather than an open-market purchase. After the transaction, Parisi’s direct beneficial ownership stands at 14,851 shares. No derivative securities were involved, and the filing does not reference a Rule 10b5-1 plan. While the size of the grant is modest, it modestly increases insider alignment with shareholders and contains no negative signals such as sales or option exercises.

Positive

• CFO Brian Parisi acquired 2,917 shares, raising his direct ownership to 14,851 shares and marginally increasing insider alignment.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine, small insider share grant; minimal market impact.

The Form 4 shows CFO Brian Parisi receiving 2,917 shares, bringing his stake to 14,851. Given Kartoon Studios’ share count, the award is immaterial to valuation and unlikely to influence trading dynamics. Still, insider acquisitions—even at no cost—slightly strengthen management-shareholder alignment. The absence of sales, option exercises, or derivative positions removes immediate downside concerns. Overall, the disclosure is standard compensation-related activity with neutral investment impact.

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^*

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)
06/19/2025

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	06/19/2025		A		2,917	A	$0	14,851	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	06/20/2025
	** 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

How many Kartoon Studios (TOON) shares did CFO Brian Parisi acquire in the latest Form 4?

He acquired 2,917 shares of common stock.

What was the transaction date for the insider acquisition by TOON's CFO?

The shares were acquired on June 19, 2025.

At what price were the Kartoon Studios shares acquired?

The Form 4 lists a price of $0.00, indicating a compensatory grant.

What is CFO Brian Parisi's total beneficial ownership after the reported transaction?

Following the grant, he directly owns 14,851 shares.

Does the Form 4 filing mention a Rule 10b5-1 trading plan?

No, the filing does not reference any Rule 10b5-1 plan.