This Neighbor Pumpkinhead vinyl figure is released by Funko in their POP! Games x Hello Neighbor vinyl figure series.
Funko POP! is a crossover vinyl figure series by Funko and other famous franchises such as Disney, Pixar, DC Comics, Marvel Comics, Simpsons, South Park, Uglydoll, etc. Each POP! figure is about ~3" to ~5" tall and crafted in a Japanese anime/manga super-deformed style (NOTE: due to the unique design of each character, the actual size of the figures may be smaller or bigger than stated).
The POP! Games x Hello Neighbor features characters from the stealth survival horror video game from tinyBuild and Dynamic Pixels. The goal of the game is for the player to successfully sneak into the basement of their neighbor's house to uncover a "horrible secret".