---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-179070"
form_type: "8-K"
ticker: "FNKO"
cik: "0001704711"
company_name: "Funko, Inc."
filed_at: "2025-08-12T23:59:59+00:00"
generated_at: "2026-05-17T14:41:28.041373+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Funko appoints Josh Simon as CEO effective Sept 1, 2025; replaces interim CEO Michael Lunsford

## Summary
- Simon, former Netflix VP, will receive $1M base salary, annual bonus target 100% of base, and annual equity target $2.5M from FY27.
- Signs 1.75M RSUs: 1M time-vesting over 4 yrs; 750K with price hurdles of $8 and $20 per share.
- Relocation assistance up to $100K to move to Everett, WA; office split between Burbank and Everett first year.
- Incumbent interim CEO Michael Lunsford will remain on Board after Aug 31, 2025 transition.

## SEC filing metadata
- accession: 0001193125-25-179070
- form_type: 8-K
- ticker: FNKO
- cik: 0001704711
- company_name: Funko, Inc.
- filed_at: 2025-08-12T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704711/000119312525179070/0001193125-25-179070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704711/000119312525179070/d59114d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-179070
- JSON: https://secwatch.observer/filing/0001193125-25-179070.json
- Plain text: https://secwatch.observer/filing/0001193125-25-179070.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.