Andy Heyward - 19 Sep 2025 Form 4 Insider Report for Kartoon Studios, Inc. (TOON)

Role
CEO and Chairman, Director
Signature
/s/ Andy Heyward
Issuer symbol
TOON
Transactions as of
19 Sep 2025
Net transactions value
$0
Form type
4
Filing time
23 Sep 2025, 13:29:38 UTC
Previous filing
30 May 2025
Next filing
03 Dec 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Heyward Andy CEO and Chairman, Director C/O KARTOON STUDIOS, INC., 190 N. CANON DRIVE, 4TH FLOOR, BEVERLY HILLS /s/ Andy Heyward 19 Sep 2025 0001591978

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TOON Common Stock, par value $0.001 per share 1,783,115 19 Sep 2025 Direct
holding TOON Common Stock, par value $0.001 per share 99,073 19 Sep 2025 See Footnote F1
holding TOON Common Stock, par value $0.001 per share 124 19 Sep 2025 See Footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TOON Restricted Stock Units Award $0 +2,000,000 +194% $0.000000 3,031,249 19 Sep 2025 Common Stock, par value $0.001 per share 2,000,000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person indirectly owns 99,073 shares of common stock over which the Reporting Person holds voting and dispositive power.
F2 The Reporting Person indirectly owns 124 shares of common stock held by Heyward Living Trust.
F3 Each restricted stock unit represents a contingent right to receive one share of TOON common stock.
F4 The Reporting Person was granted 2,000,000 restricted stock units pursuant to a new employment agreement signed on August 25, 2025, which will vest in three equal installments on the first, second and third anniversaries of the grant date, subject to the Reporting Person's continued employment.