What changed in this filing

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Item 5. Other Information

2026-08-14 compared with 2026-05-15 · 46 added, 11 removed, 35 unchanged (62% of the section changed)

2 unchanged sentences

of Current Report on Form 8-K

Amendments to Employment

On August 10, 2026, the Company

entered into an amendment (the “Amendment”) to that certain Executive Employment Agreement (“Heyward Employment Agreement”)

with Andrew Heyward.

The Amendment extends the term of the Heyward Employment Agreement to a four-year term, commencing August 15, 2025.

The Amendment made no changes to Executive’s base salary, made adjustments to certain producer fee payments and amended Section

4.2 of the Heyward Employment Agreement to provide that the 2025 performance metrics roll forward and apply to calendar year 2026.

The foregoing description of the

Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is filed as

Exhibit 10.3 hereto and is incorporated herein by reference.

10, 2026, the Company entered into an amendment (the “Jaffa Amendment”) to that certain Executive Employment Agreement (“Jaffa

Employment Agreement”) with Michael Jaffa, the Company’s Chief Operating Officer and General Counsel.

The Jaffa Amendment extends

the term of the Jaffa Employment Agreement to a four-year term, commencing November 14, 2025, and adds an annual bonus at the sole discretion

of the Company.

The foregoing

description of the Jaffa Amendment does not purport to be complete and is qualified in its entirety by reference to the Jaffa Amendment,

a copy of which is filed as Exhibit 10.4 hereto and is incorporated herein by reference.

10, 2026, the Company entered into an amendment (the “Parisi Amendment”) to that certain Executive Employment Agreement (“Parisi

Employment Agreement”) with Brian Parisi, the Company’s Chief Financial Officer.

The Parisi Amendment extends the term of the Parisi

Employment Agreement to a three-year term, commencing January 1, 2026, and adds a 5% base salary adjustment in year three of the term

and an annual bonus at the sole discretion of the Company.

The foregoing description of the

Parisi Amendment does not purport to be complete and is qualified in its entirety by reference to the Parisi Amendment, a copy of which

is filed as Exhibit 10.5 hereto and is incorporated herein by reference.

(b) Rule 10b5-1 Trading

During the quarter ended March 31,

During the quarter ended June 30,

2026, none of the Company’s directors or officers adopted , modified or terminated a Rule 10b5-1 trading arrangement or a non-Rule

1 unchanged sentence

EXHIBIT INDEX

Articles of Incorporation of the Company, as amended (incorporated by reference to Exhibit 3.1 to the Company's Annual Report on Form 10-K, filed with the SEC on March 31, 2021)

Certificate of Change to the Articles of Incorporation of the Company, filed with the Secretary of State of the State of Nevada on February 9, 2023 (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed with the SEC on February 10, 2023)

Bylaws of the Company, as amended (incorporated by reference to Exhibit 3.2 to the Company’s Quarterly Report on Form 10-Q, filed with the SEC on August 19, 2019)

of Incorporation of the Company, as amended(incorporated by reference to Exhibit 3.1 to the Company’s Annual Report on

Form 10-K, filed with the SEC on March 31, 2021)

of Change to the Articles of Incorporation of the Company, filed with the Secretary of State of the State of Nevada on February 9,

2023(Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed with the SEC on February

of the Company, as amended(incorporated by reference to Exhibit 3.2 to the Company’s Quarterly Report on Form 10-Q, filed

with the SEC on August 19, 2019)

Amended and Restated Certificate of Designations, Preferences and Rights of the 0% Series A Convertible Preferred Stock, filed with the Secretary of State of Nevada on November 21, 2019 (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed with the SEC on November 21, 2019)

5 unchanged sentences

Certificate of Change to the Articles of Incorporation of the Company, filed with the Secretary of State of the State of Nevada on November 9, 2023 (Incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed with the SEC on November 14, 2023)

Revised Employment Agreement between the Company and Andrew Heyward

dated August 25, 2025

Amendment to Bylaws (incorporated by reference to Exhibit 3.1 to the Company’s Current Report on Form 8-K, filed on July 2, 2026 )

Preferred Stock Rights Agreement (incorporated by reference to Exhibit 4.1 to the Company’s Current Report on Form 8-K, filed on July 6, 2026)

Settlement Agreement and Stipulation (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K, filed on April 24, 2026)

Form of Indemnification Agreement between the Company and each of its directors and executive officers (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K, filed on July 2, 2026)

First Amendment to Heyward Employment Agreement dated as of August 10, 2026

First Amendment to Jaffa Employment Agreement dated as of August 10, 2026

First Amendment to Parisi Employment Agreement dated as of August 10, 2026

Section 302 Certification of Chief Executive Officer

13 unchanged sentences

# Exhibits and Schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K.

The Company agrees to furnish supplementally a copy of any omitted exhibit and schedule to the SEC upon request.

The Company agrees to furnish supplementally

a copy of any omitted exhibit and schedule to the SEC upon request.

Pursuant to the requirements

2 unchanged sentences

Kartoon Studios, Inc.

August 14, 2026

/s/ Andy Heyward

Chief Executive Officer

(Principal Executive Officer)

Chief Executive Officer (Principal Executive Officer)

August 14, 2026

/s/ Brian Parisi

Chief Financial Officer

(Principal Financial and Accounting Officer)

Chief Financial Officer (Principal Financial and Accounting Officer)

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 5. Other Information