Kartoon Studios (TOON) awards director Anthony Thomopoulos 8,570 shares

Rhea-AI Filing Summary

THOMOPOULOS ANTHONY D reported acquisition or exercise transactions in this Form 4 filing.

Kartoon Studios, Inc. director Anthony D. Thomopoulos received a grant of 8,570 shares of Common Stock on March 19, 2026 at a stated price of $0.00 per share. After this award, he directly holds a total of 150,015 Kartoon Studios common shares.

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

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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^*

THOMOPOULOS ANTHONY D

(Last) (First) (Middle)

C/O KARTOON STUDIOS, INC.

190 N. CANON DRIVE, 4TH FLOOR

(Street)

BEVERLY HILLS CALIFORNIA 90210

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/19/2026		A		8,570	A	$0	150,015(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	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Kartoon Studios (TOON) report for Anthony D. Thomopoulos?

Kartoon Studios reported that director Anthony D. Thomopoulos received a grant of 8,570 shares of Common Stock. The transaction was coded as a grant or award acquisition, indicating it was part of compensation rather than an open-market purchase or sale.

How many Kartoon Studios (TOON) shares were granted to director Anthony D. Thomopoulos?

Anthony D. Thomopoulos was granted 8,570 shares of Kartoon Studios Common Stock. This award increased his direct holdings and reflects a compensation-related equity grant rather than a market transaction, as shown by the Form 4’s grant or award acquisition code.

At what price were the Kartoon Studios (TOON) shares granted to Anthony D. Thomopoulos?

The 8,570 Kartoon Studios Common Stock shares granted to Anthony D. Thomopoulos carried a reported transaction price of $0.00 per share. This indicates a no-cash, compensation-style equity award rather than an open-market buy, consistent with a Form 4 grant code.

What are Anthony D. Thomopoulos’s Kartoon Studios (TOON) holdings after this Form 4 transaction?

Following the grant, Anthony D. Thomopoulos directly holds 150,015 shares of Kartoon Studios Common Stock. This total reflects his position immediately after the 8,570-share award reported, giving investors a clear snapshot of his direct equity stake in the company.

Is the Kartoon Studios (TOON) Form 4 transaction a buy or a grant for Anthony D. Thomopoulos?

The transaction is a grant or award acquisition, not an open-market purchase. The Form 4 uses transaction code A with a grant or award description, showing Thomopoulos received 8,570 shares as compensation rather than buying them on the market.

Does the Kartoon Studios (TOON) Form 4 mention any reverse stock split affecting the shares?

Yes. A footnote notes a 10-for-1 reverse stock split effective February 6, 2023, where every 10 shares of voting common stock converted into 1 share. This provides historical context for the company’s share count but does not change the 8,570-share grant reported.