---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-008726"
form_type: "8-K"
ticker: "TOON"
cik: "0001355848"
company_name: "Kartoon Studios, Inc."
filed_at: "2025-11-28T23:59:59+00:00"
generated_at: "2026-05-16T16:05:11.758140+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kartoon Studios enters new employment agreements for CFO and COO; settles $969k debt with 1.7M shares

## Summary
- CFO Parisi: 2-year term, base salary $375k (Y1) then $400k (Y2), 500k RSUs vesting over 3 years.
- COO/GC Jaffa: 3-year term, base salary $450k +5% annual increase, 750k RSUs, $50k guaranteed bonus Dec 2025.
- Jaffa contract includes change-of-control protection: 2x salary lump sum, full equity vesting, 18-month health benefits.
- Debt settlement: $968,612.79 obligation paid via up to 1,705,071 common shares at 1.75 shares/dollar; NYSE American approved Nov 26.
- Shares issued under Section 3(a)(10) exemption from registration.

## SEC filing metadata
- accession: 0001683168-25-008726
- form_type: 8-K
- ticker: TOON
- cik: 0001355848
- company_name: Kartoon Studios, Inc.
- filed_at: 2025-11-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1355848/000168316825008726/0001683168-25-008726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1355848/000168316825008726/kartoon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-008726
- JSON: https://secwatch.observer/filing/0001683168-25-008726.json
- Plain text: https://secwatch.observer/filing/0001683168-25-008726.txt

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