David Clanachan - Jul 29, 2025 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role
Director
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for David Clanachan
Stock symbol
TLRY
Transactions as of
Jul 29, 2025
Transactions value $
$35,659
Form type
4
Date filed
7/31/2025, 06:20 PM
Previous filing
Jul 30, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Clanachan David F Director C/O TILRAY BRANDS, INC., 265 TALBOT STREET WEST, LEAMINGTON, ONTARIO, CANADA /s/ Carl A. Merton, as Attorney-in-Fact for David Clanachan 2025-07-31 0001355095

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Common Stock Options Exercise $75.9K +124K +110.56% $0.61 237K Jul 30, 2025 Direct F1, F3
transaction TLRY Common Stock Tax liability -$40.2K -65.9K -27.83% $0.61 171K Jul 30, 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 Options Exercise $0 -124K -100% $0.00 0 Jul 30, 2025 Common Stock 124K Direct F4, F5, F6
transaction TLRY Restricted Stock Units Award $0 +431K $0.00 431K Jul 29, 2025 Common Stock 431K Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 30, 2025, a total of 124,378 RSUs vested. Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
F2 Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 124,378 LTIP RSUs previously granted on July 30, 2024.
F3 Amount includes shares of Common Stock beneficially owned by the reporting person, but excludes other unvested RSUs.
F4 Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock.
F5 Subject to the reporting person's continuous service, the restricted stock units shall vest one year from the date of grant, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary resignation by the reporting person prior to the vesting date, all restricted stock units will be forfeited.
F6 Amount represents the total amount of unvested RSUs and underlying shares of Tilray Common Stock.