Tilray director granted 62,657 RSUs; 43,104 vest
Tilray Brands, Inc. director David G. Hopkinson reported equity award activity.
Rhea-AI Filing Summary
Tilray Brands, Inc. director David G. Hopkinson reported equity award activity. On July 30, 2026 he received a grant of 62,657 restricted stock units (RSUs), each representing one share of common stock and vesting in one year, subject to continued service and limited acceleration on death or disability. On July 29, 2026, 43,104 RSUs vested and converted into 43,104 shares of common stock, which he now holds directly; this amount excludes other unvested RSUs. Tilray previously implemented a 1-for-10 reverse stock split effective December 2, 2025, and all RSU amounts reflect that adjustment.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,104 shares exercised/converted
Exercise
3 txns
Insider
Hopkinson David G.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F4, F5 | 62,657 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F4, F2, F5 | 43,104 | $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 — 43,104 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 granted: 62,657 restricted stock units
RSUs vested: 43,104 restricted stock units
Common shares held: 43,104 shares of common stock
+2 more
5 metrics
RSUs granted
62,657 restricted stock units
Equity grant to director David G. Hopkinson on July 30, 2026
RSUs vested
43,104 restricted stock units
RSUs that vested on July 29, 2026 and converted into common stock
Common shares held
43,104 shares of common stock
Direct holdings following RSU vesting and conversion, excluding unvested RSUs
Reverse stock split ratio
1-for-10
Reverse stock split of Tilray common stock effective December 2, 2025
RSU vesting period
1 year
New RSU grant vests one year from the date of grant, subject to continuous service
Key Terms
Restricted Stock Units, reverse stock split, beneficially owned, accelerated vesting, +1 more
5 terms
Restricted Stock Units financial
"A total of 43,104 restricted stock units ("RSUs") 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
"Tilray 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
"RSUs shall vest one year from grant, with accelerated vesting 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Tilray (TLRY) director David Hopkinson receive in this Form 4?
David Hopkinson received a grant of 62,657 restricted stock units (RSUs) on July 30, 2026. Each RSU represents a contingent right to one share of Tilray common stock and will vest after one year of continuous service, with limited acceleration on death or disability.
How many Tilray (TLRY) RSUs vested for David Hopkinson and what did he receive?
On July 29, 2026, 43,104 RSUs vested for David Hopkinson. Each vested RSU converted into one share of Tilray common stock, resulting in 43,104 shares of common stock held directly by him after the transaction, excluding any other unvested RSUs.
What are the vesting conditions for the new Tilray (TLRY) RSU grant to David Hopkinson?
The 62,657 RSUs granted to David Hopkinson vest one year from the grant date, subject to his continuous service. Vesting accelerates solely upon death or disability before that date, and all RSUs are forfeited if he voluntarily resigns before vesting.
How did Tilray’s (TLRY) reverse stock split affect the RSU amounts in this filing?
Tilray implemented a 1-for-10 reverse stock split effective December 2, 2025. All RSU and listed security amounts in this report, including the 62,657 granted and 43,104 vested units, have been adjusted to reflect that reverse split on the company’s common stock.
Were David Hopkinson’s Tilray (TLRY) transactions made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so these equity award and vesting transactions are not reported as being effected pursuant to a Rule 10b5-1 trading plan. They instead reflect standard RSU grant and vesting mechanics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
