Kartoon Studios Announces Board and Executive Changes
Ticker: TOON · Form: 8-K · Filed: Aug 29, 2025 · CIK: 1355848
| Field | Detail |
|---|---|
| Company | Kartoon Studios, Inc. (TOON) |
| Form Type | 8-K |
| Filed Date | Aug 29, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-composition, executive-compensation
TL;DR
Kartoon Studios reshuffles board, adjusts exec pay.
AI Summary
Kartoon Studios, Inc. announced on August 25, 2025, changes related to its board of directors and executive compensation. The filing details the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for key executives. This follows a period where the company was formerly known as Genius Brands International, Inc. and Pacific Entertainment Corp.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: medium — Changes in directorship and executive compensation can indicate internal shifts that may impact future performance or strategy.
Key Players & Entities
- Kartoon Studios, Inc. (company) — Registrant
- Genius Brands International, Inc. (company) — Former Company Name
- Pacific Entertainment Corp (company) — Former Company Name
- August 25, 2025 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the departures and appointments?
The filing indicates the departure of certain officers and directors, and the election of new directors, along with changes to compensatory arrangements of certain officers, but does not specify the exact roles affected in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on August 25, 2025.
What is the state of incorporation for Kartoon Studios, Inc.?
Kartoon Studios, Inc. is incorporated in Nevada.
What were the previous names of Kartoon Studios, Inc.?
Kartoon Studios, Inc. was formerly known as Genius Brands International, Inc. and Pacific Entertainment Corp.
What items are being reported in this 8-K filing?
This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, and financial statements and exhibits.
Filing Stats: 587 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2025-08-29 17:25:27
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share TOON NYSE American LLC In
Filing Documents
- kartoon_8k.htm (8-K) — 26KB
- kartoon_ex1001.htm (EX-10.1) — 117KB
- 0001683168-25-006589.txt ( ) — 331KB
- toon-20250825.xsd (EX-101.SCH) — 3KB
- toon-20250825_lab.xml (EX-101.LAB) — 33KB
- toon-20250825_pre.xml (EX-101.PRE) — 22KB
- kartoon_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 25, 2025, Kartoon Studios, Inc., a Nevada corporation (the "Company"), entered into a new Executive Employment Agreement (the "Employment Agreement") with Andrew Heyward (the "Heyward Employment Agreement"), which supersedes and replaces Mr. Heyward's prior employment agreement with the Company. Pursuant to the Heyward Employment Agreement, Mr. Heyward will continue to serve as the Company's Chief Executive Officer for a three-year term, effective August 25, 2025 (the "Effective Date") at an annual base salary equivalent to the total annual compensation, paid to Mr. Heyward under his prior employment agreement with the Company. Pursuant to the Heyward Employment Agreement, Mr. Heyward will also be eligible to receive an annual performance bonus upon the achievement of yearly bonus targets. The full text of the Heyward Employment Agreement, a copy of which is attached hereto as Exhibit 10.1 is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Description 10.1* Employment Agreement between Kartoon Studios, Inc. and Andy Heyward, dated August 25, 2025 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) * Exhibits and Schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally a copy of any omitted exhibit and schedule to the SEC upon request. 2
SIGNATURES
SIGNATURES 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. KARTOON STUDIOS, INC. Date: August 29, 2025 By: /s/ Michael Jaffa Name: Michael Jaffa Title: General Counsel 3