Funko (FNKO) awards 123,750 restricted stock units to Chief International Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Oddie Andrew David reported acquisition or exercise transactions in this Form 4 filing.
Funko, Inc. reported that Chief International Officer Andrew David Oddie received a grant of 123,750 restricted stock units. Each RSU represents a right to receive one share of Class A common stock or an equivalent cash payment.
The RSUs vest in four equal annual installments on the first through fourth anniversaries of March 17, 2026, as long as he remains employed with the company on each vesting date. This is a compensation-related equity award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Oddie Andrew David
Role
CHIEF INTERNATIONAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 123,750 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 123,750 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("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 vest in four equal installments on each of the first through fourth anniversaries of March 17, 2026, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
FAQ
What insider transaction did Funko (FNKO) report for Andrew David Oddie?
Funko reported that Chief International Officer Andrew David Oddie received 123,750 restricted stock units as an equity award. These RSUs are part of his compensation and do not involve an open-market stock purchase or sale, but a contingent right to future shares or cash.
How many restricted stock units were granted to Funko executive Andrew Oddie?
Andrew Oddie received 123,750 restricted stock units from Funko. Each RSU corresponds to one share of Class A common stock or an equivalent cash payment, providing potential future ownership that is subject to vesting and continued employment conditions over several years.
When do Andrew Oddie’s Funko RSUs vest?
Andrew Oddie’s restricted stock units vest in four equal installments on the first through fourth anniversaries of March 17, 2026. Vesting occurs only if he remains employed with Funko through each applicable vesting date, aligning the award with long-term service at the company.
Do the Funko RSUs for Andrew Oddie pay in stock or cash?
Each of Andrew Oddie’s RSUs entitles him to one share of Funko Class A common stock or, at Funko’s election, an equivalent cash payment. The company can choose the settlement method when units vest, providing flexibility between equity and cash compensation forms.
Is Andrew Oddie’s Funko Form 4 transaction a stock purchase or sale?
The Form 4 reflects an equity grant, not a market purchase or sale. Andrew Oddie acquired 123,750 restricted stock units as compensation, with no cash-paid share buying or open-market selling involved, and future settlement depending on vesting and Funko’s choice of stock or cash.