Tilray executive reports RSU grant and tax withholdings
Tilray Brands, Inc. reports that Chief Strategy Officer Denise M. Faltischek exercised previously granted restricted stock units (RSUs) on July 29 and 30, 2026, converting 93,685 and 26,120 RSUs, respectively, into an equal number of Tilray common shares.
Rhea-AI Filing Summary
Tilray Brands, Inc. reports that Chief Strategy Officer Denise M. Faltischek exercised previously granted restricted stock units (RSUs) on July 29 and 30, 2026, converting 93,685 and 26,120 RSUs, respectively, into an equal number of Tilray common shares. In connection with these vestings, 49,654 and 13,844 common shares were withheld at $3.99 and $4.20 per share to satisfy tax obligations.
On July 29, 2026, Faltischek also received a new award of 281,901 RSUs, vesting 50% on July 29, 2027 and 50% on July 29, 2028, subject to continued employment. All reported RSU and share amounts reflect Tilray’s 1‑for‑10 reverse stock split effective December 2, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
119,805 shares exercised/converted
Exercise
7 txns
Insider
FALTISCHEK DENISE M
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F6 | 26,120 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 26,120 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2 | 13,844 | $4.20 | $58K |
| Exercise | Restricted Stock Units F1, F4 | 93,685 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F1, F5 | 281,901 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2, F3 | 93,685 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock F2 | 49,654 | $3.99 | $198K |
Holdings After Transaction:
Restricted Stock Units — 375,586 contracts (Direct);
Common Stock — 138,785 shares (Direct)
Footnotes (6)
- F1. Each unit 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 restricted stock unites ("RSUs").
- F3. Effective December 2, 2025, Tilray implemented a 1-for-10 reverse stock split (the "Reverse Stock Split") of its outstanding shares of Common Stock. All RSUs and listed securities amounts have been adjusted to reflect the Reverse Stock Split.
- F4. Subject to the reporting person's continuous employment through the vesting date, the LTIP RSUs shall vest in two (2) equal annual installments, commencing on July 29, 2026, and July 29, 2027, except in the case of the reporting person's earlier voluntary resignation, death or disability. In the event of a voluntary termination by the reporting person prior to the vesting date, all RSUs will be forfeited.
- F5. Subject to the reporting person's continued employment through the vesting date, the RSUs shall vest as follows: 50% on the 1-year anniversary of grant date, July 29, 2027 and the remaining 50% on the 2-year anniversary, July 29, 2028.
- F6. Subject to the reporting person's continuous employment through the vesting date, the 2024 LTIP RSUs shall vest in two (2) equal annual installments, commencing on July 26, 2025, and July 26, 2026, except in the case of the reporting person's earlier voluntary resignation, death or disability. In the event of a voluntary resignation by the reporting person prior to the vesting date, all RSUs will be forfeited.
Key Figures
New RSU grant: 281,901 units
RSUs converted July 29, 2026: 93,685 units
RSUs converted July 30, 2026: 26,120 units
+3 more
6 metrics
New RSU grant
281,901 units
Restricted stock units granted to Chief Strategy Officer on July 29, 2026
RSUs converted July 29, 2026
93,685 units
RSUs exercised and converted into common stock
RSUs converted July 30, 2026
26,120 units
RSUs exercised and converted into common stock
Shares withheld for taxes
49,654 shares at $3.99
Common shares withheld on July 29, 2026 to satisfy tax obligations
Shares withheld for taxes
13,844 shares at $4.20
Common shares withheld on July 30, 2026 to satisfy tax obligations
Reverse stock split ratio
1-for-10
Reverse split of Tilray common stock effective December 2, 2025
Key Terms
Restricted Stock Units, reverse stock split, beneficially owned, LTIP RSUs
4 terms
Restricted Stock Units financial
"Each unit represents a contingent right to receive one (1) share of Tilray Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
reverse stock split financial
"Tilray implemented a 1-for-10 reverse stock split of its outstanding shares of Common Stock."
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
beneficially owned financial
"Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
LTIP RSUs financial
"the LTIP RSUs shall vest in two (2) equal annual installments, commencing on July 29, 2026"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transactions did Tilray (TLRY) report for Denise Faltischek?
Tilray reported that Chief Strategy Officer Denise M. Faltischek exercised RSUs into 93,685 and 26,120 common shares and had shares withheld to cover related tax obligations. She also received a new grant of 281,901 RSUs subject to future vesting.
How many RSUs were granted to Tilray (TLRY) Chief Strategy Officer Denise Faltischek?
Denise Faltischek received a new award of 281,901 restricted stock units (RSUs). According to the grant terms, these RSUs vest in two equal installments: 50% on July 29, 2027 and the remaining 50% on July 29, 2028, contingent on continued employment.
What were the RSU conversion details in Tilray (TLRY)’s Form 4 for Denise Faltischek?
Faltischek converted 93,685 RSUs on July 29, 2026, and 26,120 RSUs on July 30, 2026, each into an equal number of Tilray common shares. Each unit represents a contingent right to receive one share of Tilray common stock.
What vesting conditions apply to the new RSU grant reported by Tilray (TLRY)?
The 281,901 RSU grant to Denise Faltischek vests 50% on July 29, 2027 and 50% on July 29, 2028, provided she remains employed through each vesting date. Unvested RSUs are forfeited upon certain earlier employment terminations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
