Funko, Inc. Reports Executive and Director Changes
Ticker: FNKO · Form: 8-K · Filed: Aug 12, 2025 · CIK: 1704711
| Field | Detail |
|---|---|
| Company | Funko, INC. (FNKO) |
| Form Type | 8-K |
| Filed Date | Aug 12, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $1,000,000, $2,500,000, $100,000, $8.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-of-directors, governance
Related Tickers: FNKO
TL;DR
Funko's board and execs are shuffling, new hires and departures happening.
AI Summary
On August 11, 2025, Funko, Inc. filed an 8-K report detailing changes in its executive officers and board of directors. The filing indicates a departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key personnel. Specific details regarding the individuals involved and the exact nature of the compensatory changes were not fully elaborated in the provided text.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive and director roles can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- Funko, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- 001-38274 (company_id) — SEC File Number
- 2802 Wetmore Avenue Everett, Washington 98201 (address) — Principal Executive Offices
- 425-783-3616 (phone_number) — Registrant's telephone number
FAQ
What specific roles have been affected by the departure of certain officers?
The filing indicates the departure of certain officers but does not specify the exact roles affected in the provided text.
Who are the newly elected directors?
The filing mentions the election of directors but does not name the individuals in the provided text.
What are the details of the compensatory arrangements for the affected officers?
The filing notes changes to compensatory arrangements but does not provide specific details in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported is August 11, 2025.
What is Funko, Inc.'s principal executive office address?
Funko, Inc.'s principal executive office is located at 2802 Wetmore Avenue, Everett, Washington 98201.
Filing Stats: 1,565 words · 6 min read · ~5 pages · Grade level 12.6 · Accepted 2025-08-12 17:04:59
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value per share FNKO The Nasdaq
- $1,000,000 — n will receive an annual base salary of $1,000,000 per year, an annual cash incentive oppo
- $2,500,000 — award having a target value of at least $2,500,000, as determined by the Board or a commit
- $100,000 — elocation assistance in an amount up to $100,000 to facilitate his move to Everett, Wash
- $8.00 — k price hurdle equal to or greater than $8.00 per share based on (I) the average of t
- $20.00 — k price hurdle equal to or greater than $20.00 per share based on (I) the average of t
Filing Documents
- d59114d8k.htm (8-K) — 33KB
- d59114dex101.htm (EX-10.1) — 96KB
- 0001193125-25-179070.txt ( ) — 270KB
- fnko-20250811.xsd (EX-101.SCH) — 3KB
- fnko-20250811_lab.xml (EX-101.LAB) — 17KB
- fnko-20250811_pre.xml (EX-101.PRE) — 11KB
- d59114d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 10.1 Employment Agreement between the Company and Josh Simon, effective August 11, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 12, 2025 FUNKO, INC. By: /s/ Tracy Daw Tracy Daw Chief Legal Officer and Secretary