Graham Purdy - Jun 11, 2025 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
President and CEO, Director
Signature
/s/ Graham Purdy
Stock symbol
TPB
Transactions as of
Jun 11, 2025
Transactions value $
-$5,375,675
Form type
4
Date filed
6/13/2025, 06:26 PM
Previous filing
Mar 5, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Purdy Graham President and CEO, Director 5201 INTERCHANGE WAY, LOUISVILLE /s/ Graham Purdy 2025-06-13 0001794878

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Options Exercise +30K +13.19% 257K Jun 11, 2025 Direct F10, F11
transaction TPB Common Stock Sale -$2.25M -30K -11.65% $75.03 227K Jun 11, 2025 Direct F12
transaction TPB Common Stock Options Exercise +21.4K +9.41% 249K Jun 12, 2025 Direct F13, F14
transaction TPB Common Stock Sale -$1.6M -21.4K -8.6% $74.89 227K Jun 12, 2025 Direct F15

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 TPB Options Options Exercise -$189K -8.9K -100% $21.21 0 Jun 11, 2025 Common Stock 8.9K $21.21 Direct F1, F3, F9
transaction TPB Options Options Exercise -$262K -5.5K -100% $47.58 0 Jun 11, 2025 Common Stock 5.5K $47.58 Direct F1, F4
transaction TPB Options Options Exercise -$466K -9K -100% $51.75 0 Jun 11, 2025 Common Stock 9K $51.75 Direct F1, F5
transaction TPB Options Options Exercise -$366K -12K -100% $30.46 0 Jun 11, 2025 Common Stock 12K $30.46 Direct F2, F6
transaction TPB Options Options Exercise -$77.1K -5K -100% $15.41 0 Jun 12, 2025 Common Stock 5K $15.41 Direct F1, F7
transaction TPB Options Options Exercise -$163K -11K -100% $14.85 0 Jun 12, 2025 Common Stock 11K $14.85 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the issuer's 2015 Equity Incentive Plan
F2 Granted pursuant to the issuer's 2021 Equity Incentive Plan.
F3 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2019, 33% of the underlying shares on January 1, 2020 and 33% of the underlying shares on January 1, 2021.
F4 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2020, 33% of the underlying shares on January 1, 2021 and 33% of the underlying shares on January 1, 2022.
F5 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2022, 33% of the underlying shares on January 1, 2023 and 33% of the underlying shares on January 1, 2024.
F6 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2023, 33% of the underlying shares on January 1, 2024 and 33% of the underlying shares on January 1, 2025.
F7 The options vested and became exercisable as to 34% of the underlying shares on January 1, 2018, 33% of the underlying shares on January 1, 2019 and 33% of the underlying shares on January 1, 2020.
F8 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2021, 33% of the underlying shares on January 1, 2022 and 33% of the underlying shares on January 1, 2023.
F9 The reported transaction involved the reporting person's 8,900 options for stock units granted under Turning Point Brand's, Inc.'s 2015 Equity Incentive Plan, which exercise was completed over June 11, 2025 and June 12, 2025.
F10 The reported transaction involved the reporting person's exercise of 30,000 options granted under Turning Point Brands, Inc.'s 2015 and 2021 Equity Incentive Plans, as detailed in Table II.
F11 The reported transaction involved the reporting person's exercise of 30,000 options granted under Turning Point Brands, Inc.'s 2015 and 2021 Equity Incentive Plans. The total reported in Column 5 includes 34,011 restricted stock units and 223,455 shares of common stock.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.76 to $75.82.
F13 The reported transaction involved the reporting person's exercise of 21,400 options granted under Turning Point Brands, Inc.'s 2015 Equity Incentive Plan, as detailed in Table II.
F14 The reported transaction involved the reporting person's exercise of 21,400 options for stock units granted under Turning Point Brands, Inc,'s 2015 Equity Incentive Plan. The total reported in Column 5 includes 34,011 restricted stock units and 214,855 shares of common stock.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.72 to $75.79.