Funko (NASDAQ: FNKO) director Diane Irvine converts 17,419 RSUs into Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Funko, Inc. director Diane M. Irvine exercised previously granted restricted stock units, converting 17,419 shares of RSUs into Class A common stock on a one-for-one basis. Following this vesting and conversion, she now directly holds 41,992 shares of Funko Class A common stock.
The RSUs represented a contingent right to receive either shares or an equivalent cash payment at the company’s election and fully vested on June 12, 2026, subject to her continued service through the vesting date. This filing reflects a compensation-related equity conversion rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,419 shares exercised/converted
Mixed
2 txns
Insider
IRVINE DIANE M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,419 | $0.00 | -- |
| Exercise | CLASS A COMMON STOCK | 17,419 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
CLASS A COMMON STOCK — 41,992 shares (Direct, null)
Footnotes (1)
- Restricted stock units ("RSUs") converted into Class A Common Stock on a one-for-one basis. Each RSU represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment. The RSUs have fully vested on June 12, 2026, subject to the Reporting Person's continued service with the Issuer through the vesting date.
Key Figures
RSUs converted: 17,419 shares
Shares held after transaction: 41,992 shares
Transaction date: June 12, 2026
+1 more
4 metrics
RSUs converted
17,419 shares
Restricted stock units converting into Class A common stock
Shares held after transaction
41,992 shares
Directly held Class A common stock after RSU vesting
Transaction date
June 12, 2026
Vesting and conversion date for RSUs
RSU-to-share ratio
1:1
Each RSU converts into one Class A common share
Key Terms
Restricted Stock Units, contingent right, vested, Class A Common Stock
4 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") converted into Class A Common Stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment."
vested financial
"The RSUs have fully vested on June 12, 2026, subject to the Reporting Person's continued service with the Issuer through the vesting date."
Class A Common Stock financial
"Restricted stock units ("RSUs") converted into Class A Common Stock on a one-for-one basis."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did Funko (FNKO) director Diane Irvine report?
Funko director Diane M. Irvine reported the vesting and conversion of 17,419 restricted stock units into Class A common stock. This compensation-related event increased her directly held shares without an open-market purchase or sale.
What are the terms of Diane Irvine’s Funko (FNKO) restricted stock units?
Each restricted stock unit represented a contingent right to receive one Funko Class A common share or an equivalent cash payment, at the issuer’s election. These RSUs fully vested on June 12, 2026, subject to her continued service through the vesting date.
How many RSUs did Diane Irvine convert into Funko (FNKO) common stock?
Diane M. Irvine converted 17,419 restricted stock units into an equal number of Funko Class A common shares. The RSUs vested in full on June 12, 2026, and thereafter were settled on a one-for-one share basis.