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Funko Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

businesswire.com
FNKO The article announces inducement grants of restricted stock units to new employees under a Nasdaq listing rule. This is a standard HR/compensation practice and does not directly indicate a change in the company's financial performance or market position.

Funko Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) EVERETT, Wash.--( BUSINESS WIRE)--Funko, Inc. (Nasdaq: FNKO), a leading pop culture lifestyle brand, today announced that, on April 29, 2026, the Compensation Committee of the Board of Directors (Compensation Committee) of Funko granted inducement awards consisting of restricted stock units (RSUs) underlying 109,723 shares of Funko’s Class A common stock to nine (9) new employees under the Funko, Inc. 2024 Inducement Award Plan (Inducement Plan). The Compensation Committee approved the awards as an inducement material to the new employees’ employment in accordance with Nasdaq Listing Rule 5635(c)(4).

Each of the RSU awards will vest over four years, with 25% of the underlying shares vesting on each anniversary of the vesting commencement date, subject to the new employee’s continued service relationship with Funko through the applicable vesting dates. The awards are subject to the terms and conditions of the Inducement Plan and the terms and conditions of an applicable award agreement covering the grant.

About Funko:

Funko is a leading global pop culture lifestyle brand, with a diverse collection of brands, including Funko, Loungefly and Mondo, and an industry-leading portfolio of licenses. Funko delivers industry-defining products that span vinyl figures, micro-collectibles, fashion accessories, apparel, plush, action toys, high-end art, and music collectibles, many of which are at the forefront of the growing Kidult economy. Through these products, which include the iconic original Pop! line, Bitty Pop!, and Pop! Yourself, Funko inspires fans across the globe to express their passions, build community, and have fun. Founded in 1998 and headquartered in Washington state, Funko has offices, retail locations, operations, and licensed partnerships in major consumer geographies across the globe. Learn more at Funko.com, Loungefly.com and MondoShop.com, and follow us on TikTok, X and Instagram.