Turning Point Brands director awarded 1,295 shares
Turning Point Brands director Lawrence Wexler reported a new stock award and his current equity holdings.
Rhea-AI Filing Summary
Turning Point Brands director Lawrence Wexler reported a new stock award and his current equity holdings. He received a grant of 1,295 shares of common stock at $92.7100 per share, bringing his directly held common stock to 287,689 shares.
The total 287,689 figure includes 2,442 restricted stock units and 285,247 shares of common stock. Wexler also holds several option grants over common stock with exercise prices ranging from $14.8500 to $51.7500 and expiration dates between 2027 and 2031. These entries are compensation-related and do not reflect open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,295 shares
Grant/Award
6 txns
Insider
Wexler Lawrence
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,295 | $92.71 | $120K |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
Holdings After Transaction:
Common Stock — 287,689 shares (Direct);
Options — 114,719 contracts (Direct)
Footnotes (7)
- F1. The total reported in Column 5 includes 2,442 restricted stock units and 285,247 shares of common stock.
- F2. Granted pursuant to the issuer's 2015 Equity Incentive Plan.
- F3. The options vested and became exercisable as to 34% of the underlying shares on January 1, 2018, 33% of the underlying shares on January 1, 2019 and 33% of the underlying shares on January 1, 2020.
- F4. The options vested and became exercisable as to 34% of the underlying shares on January 1, 2021, 33% of the underlying shares on January 1, 2022 and 33% of the underlying shares on January 1, 2023.
- F5. The options vested and became exercisable as to 34% of the underlying shares on January 1, 2022, 33% of the underlying shares on January 1, 2023 and 33% of the underlying shares on January 1, 2024.
- F6. The options vested and became exercisable as to 34% of the underlying shares on January 1, 2020, 33% of the underlying shares on January 1, 2021 and 33% of the underlying shares on January 1, 2022.
- F7. The options vested and became exercisable as to 34% of the underlying shares on January 1, 2019, 33% of the underlying shares on January 1, 2020 and 33% of the underlying shares on January 1, 2021.
Key Figures
Stock grant: 1,295 shares
Grant price: $92.7100/share
Total common shares held: 287,689 shares
+5 more
8 metrics
Stock grant
1,295 shares
Common stock award coded A on Form 4
Grant price
$92.7100/share
Price for 1,295-share common stock award
Total common shares held
287,689 shares
Direct common stock holdings after transaction
Restricted stock units
2,442 units
Included within 287,689 total common stock position
Common shares (non-RSU)
285,247 shares
Portion of total direct common stock holdings
Option exercise price
$15.4100
Options over 16,819 underlying common shares, expiring 2027-05-17
Largest option block
35,500 underlying shares
Options with $47.5800 exercise price, expiring 2029-03-20
Latest option expiry
2031-02-18
Expiration date for options at $51.7500 over 15,900 shares
Key Terms
restricted stock units, Equity Incentive Plan, exercise price, expiration date, +1 more
5 terms
restricted stock units financial
"includes 2,442 restricted stock units and 285,247 shares of common stock"
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.
Equity Incentive Plan financial
"Granted pursuant to the issuer's 2015 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
exercise price financial
"exercisePrice: "15.4100" for options over common stock"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expirationDate: "2027-05-17T00:00:00.000Z" on option position"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lawrence Wexler report at Turning Point Brands (TPB)?
Lawrence Wexler reported receiving 1,295 shares of Turning Point Brands common stock as a grant or award. This Form 4 entry reflects compensation, not an open-market purchase, and increases his directly held non-derivative common stock position reported in the filing.
What was the reported price for Lawrence Wexler’s Turning Point Brands stock grant?
The 1,295-share grant to Lawrence Wexler was reported at a price of $92.7100 per share. That figure is the transaction price disclosed for the non-derivative common stock award classified as a grant, award, or other acquisition on the Form 4.
Are Lawrence Wexler’s reported Turning Point Brands transactions open-market buys or sells?
The Form 4 shows no open-market buys or sells. It reports one non-derivative transaction coded “A,” described as a grant, award, or other acquisition, plus several derivative holdings. These are compensation and holding entries rather than discretionary market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
