$Funko (FNKO.US)$ 10% Shareholder Working Capital Advisors (UK) Ltd. sold 2 million shares of common stock on Jul 16, 2024 at an average price of $8.9 for a total value of $17.8 million.
This transaction involves other related parties: Working Capital Management Pte. Ltd. and Hsiang-Tze Kenneth Chan.
What is statement of changes in beneficial ownership of securities?
It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.