Carl A. Merton - Jun 2, 2025 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role
Chief Financial Officer
Signature
/s/ Carl A. Merton
Stock symbol
TLRY
Transactions as of
Jun 2, 2025
Transactions value $
$32,191
Form type
4
Date filed
6/4/2025, 05:01 PM
Previous filing
Nov 18, 2024
Next filing
Jul 31, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Merton Carl A Chief Financial Officer C/O TILRAY BRANDS, INC., 265 TALBOT STREET WEST, LEAMINGTON, ONTARIO, CANADA /s/ Carl A. Merton 2025-06-04 0001860546

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Common Stock (RSUs) Options Exercise $71.5K +174K +25.43% $0.41 861K Jun 2, 2025 Direct F1, F2
transaction TLRY Common Stock (RSUs) Tax liability -$39.3K -96K -11.15% $0.41 765K Jun 2, 2025 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TLRY Restricted Stock Units ("LTIP RSUs") Disposed to Issuer $0 -174K -100% $0.00 0 Jun 2, 2025 Common Stock 174K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 2, 2025, a total of 174,477 LTIP RSUs vested. Each LTIP RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
F2 Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. Amount also includes 46,000 shares of Common Stock held by the spouse of the reporting person.
F3 Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 174,477 LTIP RSUs previously granted on July 26, 2023.
F4 Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
F5 Amount represents the total amount of unvested RSUs.