Filing Analysis
JAKKS Pacific announced its Q2 2026 financial results and the declaration of a quarterly cash dividend. The company hosted an investor webcast to discuss these results on July 23, 2026.
📋 Key Facts
- Q2 2026 financial results were released via press release on July 23, 2026.
- Board of Directors declared a quarterly cash dividend of $0.25 per common share.
- Dividend record date: September 28, 2026.
- Dividend payment date: August 28, 2026.
Jakks Pacific reported the results of its Annual Meeting of Stockholders held on June 5, 2026. While the company successfully elected a Class III Director and ratified its auditors, shareholders rejected the advisory vote on executive compensation.
🚩 Red Flags
- Shareholder rejection of executive compensation (Say-on-Pay), indicating potential misalignment between management pay and shareholder expectations.
📋 Key Facts
- Annual Meeting of Stockholders held virtually on June 5, 2026.
- Lori MacPherson was elected as a Class III Director with 6,049,474 votes 'For'.
- BDO USA, P.C. was ratified as the independent certified public accountants for 2026 with 9,719,318 votes 'For'.
- The advisory vote on executive compensation was rejected, with 4,507,999 votes 'Against' versus 4,094,720 votes 'For'.
JAKKS Pacific announced its Q1 2026 financial results and declared a quarterly cash dividend of $0.25 per share. The dividend is payable on June 29, 2026, to shareholders of record as of May 29, 2026.
🚩 Red Flags
- Multiple 8-K items (2.02 and 8.01) reported in a single filing.
📋 Key Facts
- Announced Q1 2026 financial results on April 30, 2026.
- Board of Directors declared a quarterly cash dividend of $0.25 per common share on April 29, 2026.
- Dividend is payable on June 29, 2026, to shareholders of record on May 29, 2026.
- The company hosted a teleconference to discuss results on April 30, 2026.
JAKKS Pacific Inc. has established the 2026 fiscal year performance-based bonus criteria for its CEO and CFO, tied to specific EBITDA targets. The compensation structure includes base salaries and tiered bonus percentages based on the company achieving EBITDA between $35.6 million and $65.6 million.
📋 Key Facts
- CEO Stephen G. Berman's 2026 base salary is set at $1,875,000 with a maximum bonus potential of 300% ($5,625,000).
- CFO John L. Kimble's 2026 base salary is set at $632,700 with a maximum bonus potential of 200% ($1,265,400).
- Bonus eligibility begins once EBITDA exceeds $35,587,507, providing a 25% salary bonus.
- The maximum bonus tier is reached if EBITDA exceeds $65,587,507.
- EBITDA calculations for bonus purposes exclude bonus expenses and one-time non-recurring costs for Board-approved initiatives.
JAKKS Pacific filed an 8-K reporting Q4 and full-year 2025 earnings results and announcing a quarterly cash dividend of $0.25 per common share. The dividend is payable March 30, 2026 to shareholders of record as of February 27, 2026. This is a routine earnings release and dividend declaration with no adverse signals.
🚩 Red Flags
- Actual earnings figures not available in filing text — press release exhibit (10.1) not included for review
- Financial information in exhibit is furnished, not filed, limiting legal liability
📋 Key Facts
- Q4 and full-year 2025 results announced via press release on February 19, 2026
- Board declared quarterly cash dividend of $0.25 per common share on February 18, 2026
- Dividend payable March 30, 2026 to shareholders of record at close of business February 27, 2026
- Earnings teleconference scheduled for February 19, 2026 at 5:00 p.m. ET
- Filing signed by CFO John L. Kimble
- Company is listed on NASDAQ Global Select Market
JAKKS Pacific announced its Q3 2025 earnings release schedule and declared a quarterly cash dividend of $0.25 per common share.
📋 Key Facts
- Q3 2025 results press release scheduled for October 30, 2025.
- Earnings webcast/teleconference scheduled for October 30, 2025, at 5:00 p.m. ET.
- Board of Directors declared a quarterly cash dividend of $0.25 per common share.
- Dividend record date is November 28, 2025; payable date is December 29, 2025.
JAKKS Pacific, Inc. announced its second quarter 2025 financial results and declared a quarterly cash dividend of $0.25 per common share.
📋 Key Facts
- Second quarter 2025 results were released on July 24, 2025.
- Board of Directors declared a quarterly cash dividend of $0.25 per common share.
- Dividend record date: August 29, 2025.
- Dividend payment date: September 30, 2025.
JAKKS Pacific entered into a new $70 million first-lien secured revolving credit facility with BMO Bank N.A., replacing an existing $67.5 million asset-based loan from JPMorgan Chase. The new facility is cash flow-based and extends the company's maturity profile to June 2030.
🚩 Red Flags
- The facility is secured by a substantial amount of the company's consolidated assets (inventory, A/R, IP).
📋 Key Facts
- New Credit Facility amount: $70,000,000 (first-lien secured revolving credit).
- Lender/Agent: BMO Bank N.A.
- Facility Type: Cash flow-based loan (replaces previous asset-based loan).
- Maturity Date: June 2030.
- Interest Rate: SOFR plus 1.50% - 2.00% or Base Rate plus 0.50% - 1.00% (subject to net leverage pricing grid).
- Financial Covenants: Interest Coverage Ratio ≥ 3.00x; Total Net Leverage Ratio ≤ 2.00x.
- Security: Substantial security interest in consolidated assets, including inventory, accounts receivable, and intellectual property.
JAKKS Pacific, Inc. held its Annual Meeting of Stockholders on June 20, 2025. The meeting resulted in the election of three Class II Directors and the ratification of BDO USA as independent auditors.
🚩 Red Flags
- Significant 'Against' or 'Abstain' votes on Say-on-Pay: 3,052,675 against and 470,010 abstentions suggests notable shareholder dissatisfaction with executive compensation structures despite the technical approval.
📋 Key Facts
- Annual Meeting of Stockholders held virtually on June 20, 2025.
- Three Class II Directors elected: Alexander Shoghi, Jonathan R. Liebman, and Jordan Moelis.
- Ratification of BDO USA as independent certified public accountants for 2025 was approved (9,438,536 votes 'For').
- Advisory vote on executive compensation (Say-on-Pay) was approved.
JAKKS PACIFIC INC issued an 8-K to announce the release of its first quarter 2025 financial results and a scheduled investor webcast. The filing also references a previously announced quarterly cash dividend.
📋 Key Facts
- Announced Q1 2025 results via press release on April 29, 2025.
- Scheduled an analyst/investor webcast for April 29, 2025, at 5:00 p.m. ET.
- Confirmed a quarterly cash dividend of $0.25 per common share (previously declared Feb 29, 2025).
- Dividend record date is May 30, 2025; payable date is June 27, 2025.
JAKKS Pacific is undergoing a Board of Directors restructuring following the completion of its recapitalization process. This includes the immediate resignation of director Matthew Winkler and a reduction in the total number of authorized directors from seven to six.
🚩 Red Flags
- Board restructuring following a recapitalization process often indicates significant shifts in control or governance changes.
- Reduction in the number of board seats can sometimes signal a streamlining effort during financial transitions.
📋 Key Facts
- Matthew Winkler resigned from the Board effective immediately (as of March 24, 2025).
- The Board will be reduced from seven members to six members.
- Class III of the Board is being reduced to a single director seat.
- Two new candidates for Class II directors have been nominated: Jonathan R. Liebman and Jordan Moelis.
- The 2025 Annual Meeting of Shareholders is scheduled for June 20, 2025.
JAKKS PACIFIC INC announced amendments to the employment agreements for its CEO and CFO, extending their terms through March 2029 and adding significant performance-based RSU awards tied to stock price targets. Additionally, the company declared a quarterly cash dividend of $0.25 per share.
🚩 Red Flags
- Significant extension of executive terms (27 months) and new equity grants for top insiders.
- RSU vesting is tied to specific stock price hurdles ($45-$60), which may create incentives for short-term stock price management.
- Multiple 8-K items in a single filing (Results, Officer compensation/terms, Dividends).
📋 Key Facts
- CEO Stephen G. Berman's term extended through March 31, 2029; includes 83,334 RSUs vesting at stock price milestones of $45.00, $52.50, and $60.00.
- CFO John L. Kimble's term extended through March 31, 2029; includes 29,166 RSUs vesting at the same stock price milestones ($45.00, $52.50, and $60.00).
- CEO performance bonus for 2025 is tied to EBITDA targets ranging from ~$60M to ~$90M.
- CFO performance bonus for 2025 is tied to the same EBITDA target tiers.
- Board declared a quarterly cash dividend of $0.25 per common share, payable March 31, 2025.
JAKKS PACIFIC, INC. reported the results of its Annual Meeting of Stockholders held on December 6, 2024. The meeting included the election of two directors, ratification of auditors, and an advisory vote on executive compensation.
🚩 Red Flags
- Significant 'Against' votes on executive compensation (3,154,748 against vs 4,857,830 for), suggesting notable shareholder dissatisfaction with pay structures despite the advisory approval.
📋 Key Facts
- Annual Meeting of Stockholders was held virtually on December 6, 2024.
- Stephen Berman and Neilwantie Mahabir were elected to Class I of the Board of Directors.
- Stockholders ratified BDO USA as independent certified public accountants for 2024.
- An advisory vote concerning compensation of named executive officers was approved.
JAKKS PACIFIC, INC. filed an 8-K to announce the release of its third quarter and nine months 2024 financial results via press release and investor webcast.
📋 Key Facts
- Earnings announcement date: October 30, 2024
- Reporting period: Third Quarter and Nine Months of 2024
- Investor webcast/teleconference scheduled for Oct 30, 2024 at 5:00 p.m. ET / 2:00 p.m. PT
- The filing includes an earnings press release as Exhibit 99.1
JAKKS PACIFIC, INC. filed an 8-K to announce the issuance of its second quarter and first half 2024 earnings press release. The company scheduled a teleconference for July 31, 2024, to discuss financial results.
📋 Key Facts
- Report date: July 31, 2024
- Subject matter: Q2 and H1 2024 earnings results
- Event type: Press release issuance and investor webcast/teleconference
- Signatory: John Kimble, CFO
JAKKS PACIFIC, INC. filed an 8-K to announce the release of its first quarter 2024 financial results and a corresponding earnings webcast.
📋 Key Facts
- Report date: April 24, 2024
- Event type: Issuance of Q1 2024 earnings press release
- Earnings webcast/teleconference scheduled for April 24, 2024, at 5:00 p.m. ET
- The filing includes Exhibit 99.1 containing the press release
JAKKS Pacific, Inc. disclosed the specific EBITDA performance targets established by the Compensation Committee for the 2024 Annual Performance Bonuses of its CEO and CFO.
🚩 Red Flags
- Compensation Committee retains 'negative discretion' to modify performance criteria based on unforeseen market conditions or legal/accounting fees.
📋 Key Facts
- CEO Stephen G. Berman's bonus is tied to EBITDA targets ranging from $51.8M to $81.8M+.
- CFO John L. Kimble's bonus is tied to EBITDA targets ranging from $51.8M to $81.8M+.
- CEO maximum bonus potential is 300% of his $1,825,000 salary ($5,475,000).
- CFO maximum bonus potential is 200% of his $584,929 salary ($1,169,859).
- EBITDA calculations for bonuses exclude the bonuses themselves and one-time non-recurring costs approved by the Board.
- The Compensation Committee reserves the right to adjust targets due to extraordinary items or transaction-related fees.
JAKKS Pacific entered into a Redemption Agreement to redeem all outstanding Series A Senior Preferred Stock for an aggregate value of $35 million. The consideration includes $20 million in cash and 571,295 shares of common stock valued at $15 million.
🚩 Red Flags
- Significant cash outflow of $20 million for debt/preferred stock redemption.
- Issuance of 571,295 new common shares may lead to minor dilution for existing shareholders.
- Registration Rights Agreement implies potential future selling pressure from the redeeming holders.
📋 Key Facts
- Redemption date: March 8, 2024
- Total redemption value: $35 million
- Cash component: $20 million
- Equity component: 571,295 shares of Common Stock valued at $15 million ($26.26 per share)
- The company entered into a Registration Rights Agreement to register the newly issued common shares.
JAKKS Pacific, Inc. filed an 8-K to announce the release of its fourth quarter and full year 2023 financial results. The filing serves as a formal notice that earnings results were issued on February 29, 2024.
📋 Key Facts
- Reported date: February 29, 2024
- Content: Announcement of Q4 and Full Year 2023 financial results
- Event: Earnings press release issued on Feb 29, 2024
- Scheduled event: Teleconference/webcast for analysts and investors held at 5:00 p.m. ET / 2:00 p.m. PT on Feb 29, 2024