IRWIN D. SIMON - 31 Jul 2025 Form 4 Insider Report for Tilray Brands, Inc. (TLRY)

Role
President and CEO
Signature
/s/ Carl A. Merton, as Attorney-in-Fact for Irwin D Simon
Issuer symbol
TLRY
Transactions as of
31 Jul 2025
Transactions value $
$192,514
Form type
4
Filing time
04 Aug 2025, 16:07:08 UTC
Previous filing
30 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SIMON IRWIN D President and CEO 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 Aug 2025 0000922748

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TLRY Common Stock Options Exercise $410K +706K +15.71% $0.58 5.2M 31 Jul 2025 Direct F1, F2
transaction TLRY Common Stock Tax liability -$217K -374K -7.2% $0.58 4.83M 31 Jul 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 Performance-Based Restricted Stock Units ("2022 PSUs") Options Exercise $0 -353K -100% $0.00 0 31 Jul 2025 Common Stock 706K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 26, 2022, the reporting person was granted 1,412,429 of 2022 PSUs, with vesting subject to the achievement of certain pre-established performance parameters relating to the aggregate EBITDA generated from the HEXO transaction. The underlying performance condition was satisfied, and 353,108 units vested on July 31, 2025.
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 353,108 of 2022 PSUs previously granted on June 26, 2022.
F4 Each unit represents a contingent right to receive one (1) share of Tilray Common Stock.