IRWIN D. SIMON - 02 Jun 2025 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role
President and CEO, Director
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for Irwin D Simon
Issuer symbol
TLRY
Transactions as of
02 Jun 2025
Transactions value $
$217,361
Form type
4
Filing time
04 Jun 2025, 17:01:34 UTC
Previous filing
05 Aug 2024
Next filing
16 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SIMON IRWIN D President and CEO, Director C/O TILRAY BRANDS, INC., 265 TALBOT STREET WEST, LEAMINGTON, ONTARIO, CANADA /s/ Carl A. Merton, as Attorney-in-Fact for Irwin D Simon 04 Jun 2025 0000922748

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Common Stock (RSUs) Options Exercise $483,024 +1,178,109 +36.29% $0.41 4,424,593 02 Jun 2025 Direct F1, F2
transaction TLRY Common Stock (RSUs) Tax liability -$265,663 -647,960 -14.64% $0.41 3,776,633 02 Jun 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 -1,178,109 -100% $0 0 02 Jun 2025 Common Stock 1,178,109 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 1,178,109 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.
F3 Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 1,178,109 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.