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

Signature
/s/ Andy Heyward
Issuer symbol
TOON
Transactions as of
19 Sep 2025
Net transactions value
$0
Form type
4/A - Amendment
Filing time
02 Dec 2025, 12:05:23 UTC
Date Of Original Report
19 Sep 2025
Previous filing
30 May 2025
Next filing
03 Dec 2025

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 02 Dec 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 124 19 Sep 2025 See Footnote F1
holding TOON Common Stock, par value $0.001 per share 99,073 19 Sep 2025 See Footnote F2
holding TOON Common Stock, par value $0.001 per share 1,783,115 19 Sep 2025 Direct

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 0 0% $0.000000 1,031,249 19 Sep 2025 Common Stock, par value $0.001 per share 0 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 124 shares of common stock held by Heyward Living Trust.
F2 The Reporting Person indirectly owns 99,073 shares of common stock over which the Reporting Person holds voting and dispositive power.
F3 Each restricted stock unit represents a contingent right to receive one share of TOON common stock.
F4 This Form 4/A is filed to amend the Form 4 filed on September 19, 2025, which initially reported a grant of 2,000,000 restricted stock units to the Reporting Person pursuant to a new employment agreement signed on August 25, 2025. The terms were subsequently revisited, and the grant was never finalized and no securities were issued. Accordingly, this amendment corrects the prior report.