Turning Point Brands (TPB) director granted 1,295 restricted stock units

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Frushone Ashley Davis reported acquisition or exercise transactions in this Form 4 filing.

Turning Point Brands, Inc. director Ashley Davis received a grant of 1,295 restricted stock units. The award, reported at a reference price of $92.71 per share, was made under Turning Point Brands, Inc.'s 2021 Equity Incentive Plan.

After this grant, Davis holds a total of 8,794 shares and units, consisting of the newly awarded 1,295 restricted stock units and 7,499 shares of common stock held directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Frushone Ashley Davis

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,295	$92.71	$120K

Holdings After Transaction: Common Stock — 8,794 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock units granted: 1,295 units Grant reference price: $92.71 per share Total holdings after transaction: 8,794 shares and units +1 more

4 metrics

Restricted stock units granted 1,295 units Grant under 2021 Equity Incentive Plan on May 11, 2026

Grant reference price $92.71 per share Reported price for RSU grant

Total holdings after transaction 8,794 shares and units Common stock and restricted stock units following grant

Common shares held 7,499 shares Common stock included in Column 5 total after grant

Key Terms

restricted stock units, 2021 Equity Incentive Plan, Common Stock, Column 5

4 terms

restricted stock units financial

"The reported transaction involved the reporting person's receipt of a grant of 1,295 restricted stock units under Turning Point Brands, Inc.'s 2021 Equity Incentive Plan."

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.

2021 Equity Incentive Plan financial

"The reported transaction involved the reporting person's receipt of a grant of 1,295 restricted stock units under Turning Point Brands, Inc.'s 2021 Equity Incentive Plan."

Common Stock financial

"The total reported in Column 5 includes the newly awarded 1,295 restricted stock units and 7,499 shares of common stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Column 5 financial

"The total reported in Column 5 includes the newly awarded 1,295 restricted stock units and 7,499 shares of common stock."

Form 4 Insider Transactions: What Each Field Means →

05/13/2026 - 08:25 PM

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Frushone Ashley Davis

(Last)

(First)

(Middle)

5201 INTERCHANGE WAY

(Street)

LOUISVILLE

KENTUCKY

40229

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/11/2026		A		1,295	A	$92.71	8,794⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported transaction involved the reporting person's receipt of a grant of 1,295 restricted stock units under Turning Point Brands, Inc.'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly awarded 1,295 restricted stock units and 7,499 shares of common stock.

	/s/ Ashley Davis Frushone	05/13/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ashley Davis report for Turning Point Brands (TPB)?

Ashley Davis reported receiving a grant of 1,295 restricted stock units of Turning Point Brands common stock. The grant was made under the company’s 2021 Equity Incentive Plan and reflects equity-based compensation rather than an open-market share purchase.

How many Turning Point Brands (TPB) shares and units does Ashley Davis hold after this Form 4?

Following the reported grant, Ashley Davis holds a total of 8,794 shares and units. This total includes 1,295 newly granted restricted stock units and 7,499 shares of Turning Point Brands common stock held directly.

Was Ashley Davis’s Turning Point Brands (TPB) transaction an open-market buy or a compensation award?

The transaction was a compensation award, not an open-market purchase. Davis received 1,295 restricted stock units designated as a grant or award acquisition, issued under Turning Point Brands, Inc.'s 2021 Equity Incentive Plan.

At what price were Ashley Davis’s restricted stock units in Turning Point Brands (TPB) reported?

The 1,295 restricted stock units were reported at a reference price of $92.71 per share. This price is used for reporting purposes and typically reflects the fair market value of Turning Point Brands common stock on the grant date.

Does Ashley Davis have any derivative securities reported in this Turning Point Brands (TPB) Form 4?

No derivative securities are shown in this Form 4 for Ashley Davis. The filing reports only a non-derivative equity grant of 1,295 restricted stock units and her resulting combined holdings of 8,794 shares and units of common stock.