Tilray director reports RSU vesting and new grant
Tilray Brands, Inc. director Steven Michael Cohen reported equity changes involving restricted stock units and common shares.
Rhea-AI Filing Summary
Tilray Brands, Inc. director Steven Michael Cohen reported equity changes involving restricted stock units and common shares. On July 29, 2026, 43,104 RSUs vested, resulting in the acquisition of 43,104 shares of common stock, bringing his beneficially owned common shares to 55,542, excluding unvested RSUs. He also received a grant of 62,657 new RSUs, which vest after one year of continuous service, with accelerated vesting solely upon death or disability and forfeiture upon voluntary resignation. All RSU and share amounts reflect Tilray’s 1-for-10 reverse stock split effective December 2, 2025.
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Insider Trade Summary
43,104 shares exercised/converted
Exercise
3 txns
Insider
Cohen Steven Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F4, F2, F5 | 43,104 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F4, F5 | 62,657 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2, F3 | 43,104 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 62,657 contracts (Direct);
Common Stock — 55,542 shares (Direct)
Footnotes (5)
- F1. On July 29, 2026, a total of 43,104 restricted stock units ("RSUs") vested. Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
- F2. 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.
- 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.
Key Figures
RSUs vested: 43,104 units
Common shares acquired: 43,104 shares
Common shares owned after transaction: 55,542 shares
+2 more
5 metrics
RSUs vested
43,104 units
Restricted stock units vested on July 29, 2026
Common shares acquired
43,104 shares
Shares of Tilray common stock received upon RSU vesting
Common shares owned after transaction
55,542 shares
Beneficially owned common stock after July 29, 2026 transactions, excluding unvested RSUs
New RSU grant
62,657 units
Restricted stock units granted to director, vesting after one year of continuous service
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, accelerated vesting
4 terms
Restricted Stock Units financial
"a total of 43,104 restricted stock units vested"
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
"implemented a 1-for-10 reverse stock split of its outstanding shares"
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"
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.
accelerated vesting financial
"shall vest one year from the date of grant, with accelerated vesting solely upon death or disability"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transactions did Tilray (TLRY) report for Steven Michael Cohen?
Tilray (TLRY) reported that director Steven Michael Cohen had 43,104 RSUs vest into common shares and received a grant of 62,657 new RSUs. These changes affect his equity-based compensation and increase his unvested restricted stock unit holdings.
How many Tilray (TLRY) restricted stock units vested for director Steven Michael Cohen?
On July 29, 2026, 43,104 Tilray (TLRY) RSUs vested for director Steven Michael Cohen. Each restricted stock unit represents a contingent right to receive one share of Tilray common stock, resulting in the delivery of an equal number of common shares to him.
What new RSU award did Tilray (TLRY) grant to director Steven Michael Cohen and when will it vest?
Cohen received a new award of 62,657 Tilray (TLRY) RSUs. Subject to his continuous service, these restricted stock units will vest one year from the grant date, with accelerated vesting only upon death or disability and forfeiture if he voluntarily resigns before vesting.
What reverse stock split does Tilray (TLRY) reference in this Form 4 filing?
Tilray (TLRY) implemented a 1-for-10 reverse stock split of its outstanding common shares effective December 2, 2025. All reported RSU and listed security amounts in the insider report have been adjusted to reflect the impact of this reverse stock split on share counts.
What are the vesting conditions for the new Tilray (TLRY) RSUs granted to Steven Michael Cohen?
The 62,657 new Tilray (TLRY) RSUs vest after one year of continuous service. Vesting accelerates solely upon death or disability before that date, while a voluntary resignation prior to vesting causes all these restricted stock units to be forfeited.
AI-generated analysis. How Rhea-AI works. Not financial advice.
