Turning Point Brands (TPB) director reports 2,000-share insider stock sale at $108

Rhea-AI Filing Summary

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Diao H.C. Charles

(Last) (First) (Middle)

5201 INTERCHANGE WAY

(Street)

LOUISVILLE KY 40229

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Turning Point Brands, Inc. [ TPB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/15/2025		S		2,000	D	$108.2(1)	9,804(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.98 to $108.25.

2. The total reported in Column 5 includes 1,058 restricted stock and 8,972 shares of common stock.

	/s/ Charles H.C. Diao	12/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transaction did Turning Point Brands (TPB) report in this filing?

The filing shows that director Charles H.C. Diao sold 2,000 shares of Turning Point Brands common stock in a reported transaction.

At what price did the Turning Point Brands director sell his TPB shares?

The 2,000 shares were sold at a weighted average price of $108.2, with individual sale prices ranging from $107.98 to $108.25.

How many Turning Point Brands (TPB) shares does the director own after the sale?

After the reported sale, Charles H.C. Diao beneficially owns 9,804 shares of Turning Point Brands common stock.

What portion of the directors remaining TPB holdings are restricted stock?

Of the 9,804 shares beneficially owned after the transaction, 1,058 shares are restricted stock and 8,972 shares are common stock.

When did the reported insider sale for Turning Point Brands (TPB) occur?

The sale of 2,000 shares of Turning Point Brands common stock by director Charles H.C. Diao took place on 12/15/2025.

What role does the reporting person hold at Turning Point Brands (TPB)?

The reporting person, Charles H.C. Diao, is identified as a director of Turning Point Brands.