Turning Pt Brands Inc SEC Filings

Turning Point Brands, Inc. reported an insider equity transaction for its Sr VP and General Counsel, Brittani Cushman. On 01/02/2026, 193 shares of common stock were withheld at $110.24 per share to cover taxes on restricted stock units that vested on that date. After this tax-withholding transaction, she beneficially owned 34,081 shares of common stock directly, plus 406.806 shares held indirectly by her spouse.

The filing also lists several outstanding stock option awards granted under the company’s equity incentive plans. These options cover 8,000, 7,000, 3,000, 4,800 and 500 shares of common stock at exercise prices ranging from $14.85 to $51.75, with expiration dates between 03/07/2028 and 03/14/2032, reflecting previously granted long-term compensation.

Turning Point Brands president and CEO Graham Purdy reported an equity transaction involving company stock. On January 2, 2026, 368 shares of Turning Point Brands, Inc. common stock were withheld to cover taxes due on restricted stock units that vested the same day at a price of $110.24 per share. After this tax withholding, Purdy beneficially owns 227,098 shares, consisting of 33,186 restricted stock units and 193,912 shares of common stock.

The filing also notes that on December 8, 2025, Purdy entered into a financing transaction with an unaffiliated dealer to receive approximately $12.3 million, secured by a pledge of up to 140,140 shares of Turning Point Brands common stock. Beginning on the December 10, 2026 maturity date, he must either repay the lender in cash or may deliver up to 140,140 shares at a price per share between $91.50 and $104.45, while retaining dividend and voting rights on the pledged shares.

Turning Point Brands, Inc. insider activity centers on option exercises, share sales, and a revised share-backed financing. Executive Chairman and Director David Glazek exercised 30,000 stock options at $20.71 per share and sold 30,000 shares of common stock at $110.26 per share on 12/19/2025. After these transactions, he beneficially owns 157,083 common shares, including 35,956 restricted stock units and 91,127 shares of common stock. He also holds 54,289 options with a $27.19 exercise price and 47,519 options with a $20.71 exercise price.

The filing also reports a revised financing transaction involving a forward contract on up to 78,000 pledged shares of Turning Point Brands common stock. On December 19, 2025, Glazek replaced a prior contract with a new one that reflects the current stock price and extends its duration, receiving a gross amount of approximately $7.0 million. On the revised maturity date of December 19, 2027, he must either repay the lender in cash or deliver up to 78,000 shares at prices ranging from $105.33 to $126.39 per share, depending on the market price. He retains beneficial ownership of the pledged shares, including dividend and voting rights, and the revised financing was completed at a price of $110.87 per share.

A holder of TPB common stock filed a notice of intent to sell 78,000 shares through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of 12/19/2025. The securities are common shares, and there were 19,070,757 shares outstanding at the time referenced, which is a baseline figure rather than the amount being sold.

The shares to be sold come from several acquisitions: restricted stock that vested under a registered plan on 05/05/2023, 03/01/2024, and 03/11/2024, along with an open market purchase on 01/11/2024. These lots were acquired either as compensation or for cash, and this filing formally discloses the planned sale under Rule 144.

Turning Point Brands director Charles H.C. Diao reported selling 2,000 shares of common stock on 12/15/2025. The sale, coded "S" for a sale transaction, was executed at a weighted average price of $108.2, with individual trade prices ranging from $107.98 to $108.25.

Following this transaction, Diao beneficially owns 9,804 shares of Turning Point Brands, all held directly. This total includes 1,058 shares of restricted stock and 8,972 shares of common stock, reflecting his remaining equity stake after the reported sale.

TPB has a shareholder planning to sell 2,000 shares of its common stock on the NYSE through Fidelity Brokerage Services LLC. The notice lists an aggregate market value of 215460.00 for this planned sale.

The 2,000 shares were originally purchased on 05/21/2019 in an open-market transaction for cash or check, and 19070757 shares of this class were outstanding at the time referenced. By signing the notice, the seller represents that they are not aware of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.

Turning Point Brands, Inc. (TPB) President and CEO Graham Purdy reported a financing transaction tied to his company stock. On December 8, 2025, he entered into a forward-style financing with an unaffiliated dealer to receive approximately $12.3 million, secured by a pledge of up to 140,140 shares of Turning Point Brands common stock. Beginning on the maturity date of December 10, 2026, he must either repay the lender in cash or, at his election, deliver up to 140,140 shares at a price per share ranging from $91.50 to $104.45, depending on the market price at that time. Until then, he retains beneficial ownership of the pledged shares, including dividend and voting rights.

A holder of TPB common stock has filed a notice of proposed sale under Rule 144. The filing covers the potential sale of 140,140 shares of common stock through J.P. Morgan Securities LLC on the NYSE, with an indicated aggregate market value of $14,131,717 and with 19,070,757 shares outstanding for the issuer. The shares to be sold were originally acquired from the issuer as compensation in multiple grants between 2016 and 2025.

Turning Point Brands, Inc. (TPB)