Funko CFO Yves Le Pendeven Sells 795 Shares at $2.59/Share on 2025-08-11.

Funko, Inc. [FNKO] has announced that Chief Financial Officer Yves Le Pendeven has sold 795 shares at a price of $2.59 per share on August 11, 2025.

Funko Inc. (NASDAQ: FNKO), the pop culture collectibles company, has seen its stock price decline significantly over the past year. On August 11, 2025, Chief Financial Officer Yves Le Pendeven sold 795 shares of Class A Common Stock at a price of $2.59 per share, totaling $2,059. The transaction was part of a Rule 10b5-1 sell to cover instruction to cover taxes upon the vesting of restricted stock units [1].

The stock sale comes as Funko faces financial challenges. According to InvestingPro data, the company has seen a 70% drop in its stock price over the past year, and its current valuation stands at $150.6 million. Funko's debt burden stands at $331.2 million, with short-term obligations exceeding liquid assets [1]. The company's second-quarter 2025 earnings, reported on August 8, 2025, did not meet analyst expectations, with an earnings per share (EPS) of $0.48, a significant 250% surprise compared to the expected $-0.32. Revenue for the quarter was $193.5 million, falling short of the forecasted $203.21 million, marking a 4.78% shortfall [2].

In other recent news, Funko appointed Josh Simon as its new Chief Executive Officer and Class II director, effective September 1, 2025. Simon, who previously served as Vice President of Global Consumer Products at Netflix (NASDAQ: NFLX), will succeed Interim CEO Mike Lunsford. The appointment follows a series of financial challenges, including declining sales and a significant drop in stock price [3].

Funko's financial situation has also drawn attention from regulatory authorities. Pomerantz LLP is investigating claims on behalf of investors, concerning whether Funko and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices [4].

The company has taken steps to mitigate financial impacts, including workforce reduction and price increases. Funko has also filed paperwork with the U.S. Securities and Exchange Commission regarding an at-the-market equity offering, which will allow the company to sell shares of its common stock up to $40 million. Additionally, the company has hired an outside firm to advise it on refinancing its debt [5].

References:
[1] https://www.investing.com/news/insider-trading-news/funko-cfo-le-pendeven-sells-21k-in-shares-93CH-4186765
[2] https://www.bloomberg.com/news/articles/2025-08-12/funko-names-netflix-executive-to-lead-turnaround-of-toymaker
[3] https://investor.funko.com/stock-info/default.aspx
[4] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-funko-inc---fnko-302525779.html
[5] https://www.retaildive.com/news/funko-layoffs-price-increases-tariffs-sales-declines-second-quarter-earnings/757367/