Welcome to our dedicated page for Turning Pt Brands SEC filings (Ticker: TPB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Turning Point Brands, Inc. filings document financial results, governance matters, and capital-structure disclosures for its branded consumer products business. Form 8-K reports furnish quarterly and annual earnings releases, investor presentation materials, and amendments to previously furnished results when corrections are made.
Proxy and annual meeting filings cover board elections, auditor ratification, advisory executive compensation votes, equity award disclosures, and related governance items. Other securities filings describe common stock activity under an at-the-market sales agreement, shelf registration materials, prospectus supplements, and the company’s common stock issuance capacity.
Turning Point Brands, Inc. reports Q1 2026 results with net sales of $124.3 million, up 16.8% from $106.4 million a year ago, driven by strong Stoker’s products growth, especially modern oral products.
Zig-Zag segment sales fell 22.4% to $36.7 million, while Stoker’s segment sales rose 48.1% to $87.6 million. Total gross profit increased to $68.3 million, but higher selling, general and administrative costs cut operating income to $12.5 million, down 46.2%.
Net income attributable to TPB was $11.7 million versus $14.4 million, with diluted EPS of $0.60. Operating cash flow swung to an outflow of $22.3 million, largely from inventory and working-capital changes, while cash stood at $192.4 million against $300.0 million of 7.625% 2032 Notes.
The company recorded a tax benefit, reflecting release of a valuation allowance on deferred tax assets. A recent U.S. Supreme Court ruling on IEEPA tariffs affects approximately $17.9 million of tariffs paid; potential refunds are not yet recognized due to procedural and regulatory uncertainty.
Turning Point Brands reported first quarter 2026 net sales of $124.3 million, up from $106.4 million a year earlier, as growth in modern oral products offset weakness in legacy lines. Net income attributable to the company fell 19.0% to $11.7 million, and Adjusted EBITDA declined 6.5% to $25.9 million.
The Stoker’s segment, which represented 70% of quarterly net sales, grew net sales 48.1% to $87.6 million, driven by triple-digit modern oral growth, though its gross margin contracted to 54.0%. The Zig-Zag segment, 30% of sales, saw net sales drop 22.4% to $36.7 million while gross margin improved to 57.1% on product mix.
SG&A expenses rose 53.2% to $55.8 million, reflecting heavier sales and marketing investments in modern oral and higher freight costs, which compressed operating income to $12.5 million from $23.2 million. As of March 31, 2026, the company held $192.4 million of cash, net debt of $101.4 million, and total liquidity of $265.0 million.
Turning Point Brands, Inc. held its Annual Meeting of Stockholders on May 4, 2026. Stockholders elected 11 directors, with each nominee receiving roughly 14.6–14.8 million votes in favor and about 0.2–0.3 million votes withheld, plus 2,055,552 broker non-votes for each director.
Shareholders also approved two additional proposals. One received 16,869,195 votes for, 130,747 against and 37,367 abstentions with no broker non-votes. Another received 14,561,464 votes for, 324,126 against, 96,167 abstentions and 2,055,552 broker non-votes.
Turning Point Brands, Inc. Schedule 13G/A amendment: Thrivent Financial for Lutherans reports beneficial ownership of 1,232,365 shares of common stock, representing 6.37% of the class based on March 12, 2026 outstanding share count.
The filing states 17,672 shares are held with sole voting/dispositive power and 1,214,693 shares are held with shared voting/dispositive power across Thrivent-managed accounts, registered investment companies and a defined benefit plan trust.
Turning Point Brands Inc — Schedule 13G/A amendment from The Vanguard Group. The filing states that, following an internal realignment effective January 12, 2026, certain Vanguard subsidiaries will report holdings separately and The Vanguard Group no longer is deemed to beneficially own those securities. The Schedule 13G/A reports 0 shares beneficially owned and 0% of the class. The filing lists the issuer address as 5201 Interchange Way, Louisville, KY, and is signed by Ashley Grim on 03/27/2026.
Purdy Graham reported acquisition or exercise transactions in this Form 4 filing.
Turning Point Brands, Inc. President and CEO Graham Purdy reported an equity compensation grant and an existing financing arrangement tied to company stock. On March 24, 2026, he received 8,638 restricted stock units, valued at $86.83 per unit, under the 2021 Equity Incentive Plan. After this award, his direct holdings total 265,983 shares and units, including 27,094 restricted stock units and 238,889 shares of common stock.
A footnote explains a previously entered financing transaction from December 8, 2025, in which Purdy received approximately $12.3 million secured by a pledge of up to 140,140 shares of 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 between $91.50 and $104.45 per share, based on the prevailing market price. He retains beneficial ownership, including dividend and voting rights, over the pledged shares.
Turning Point Brands, Inc. is asking stockholders to vote at its fully virtual 2026 annual meeting on May 4, 2026 at 5:00 p.m. EDT. Stockholders will elect directors, ratify KPMG LLP as independent auditor for the year ending December 31, 2026, and cast an advisory “say on pay” vote on named executive officer compensation.
The record date is March 12, 2026, when 19,340,722 common shares were outstanding, each with one vote. The Board highlights a majority-diverse slate by gender or race/ethnicity and maintains separate Executive Chairman and CEO roles with a Lead Independent Director. In 2025, CEO Graham Purdy received $750,000 in salary, a $750,000 bonus and $1,500,001 in stock awards, while other named officers received a mix of salary, cash bonuses and RSU/PRSU grants. The company reports that a previously identified material weakness in IT general controls was fully remediated as of December 31, 2025.
Turning Point Brands, Inc. senior vice president of finance and chief accounting officer Brian Wigginton reported multiple equity compensation transactions in the company’s common stock. On March 2, 2026, he acquired several blocks of common shares upon settlement of performance restricted units that had been granted between February 2021 and March 2025, after the compensation committee confirmed that the performance criteria were met on March 2, 2026.
The same day, shares of common stock were withheld at prices around $100.65 per share to cover tax obligations tied to vesting restricted stock units, and on January 2, 2026 an additional 199 shares were withheld at $110.24 per share for taxes. On March 3, 2026, he received a grant of 2,041 restricted stock units under the 2021 Equity Incentive Plan at a reference price of $107.57. Following these transactions, his direct holdings reported in Column 5 include 6,392 restricted stock units and 6,838 shares of common stock.
Turning Point Brands, Inc. director and President & CEO Graham Purdy reported multiple equity award settlements and related tax share withholdings. On March 2, 2026, performance-based restricted units from 2021–2025 vested and were settled in common stock, with individual grants covering 5,181, 667, 44,494, 6,787 and 2,559 shares at reference prices around $108.51 per share. On March 3, 2026, he also received a grant of 4,535 restricted stock units under the 2021 Equity Incentive Plan.
To cover tax liabilities tied to these equity awards, Purdy disposed of 25,686 and 8,290 shares on March 2, 2026 through transactions coded as tax-withholding dispositions at a weighted average price of about $99.28 per share, rather than open-market selling. A disclosed forward financing entered on December 8, 2025 provided approximately $12.3 million, secured by a pledge of up to 140,140 shares of common stock, with potential share delivery between $91.50 and $104.45 per share starting on the December 10, 2026 maturity date; Purdy retains dividend and voting rights on the pledged shares.
Turning Point Brands, Inc. senior vice president and general counsel Brittani Cushman reported multiple equity awards and related tax-share withholdings. On March 3, 2026, she acquired 2,181 shares of common stock as a grant under the company’s 2021 Equity Incentive Plan. On March 2, 2026, she reported several acquisitions of common stock tied to the settlement of performance restricted units that were originally granted between 2021 and 2025, after the board’s compensation committee determined the performance criteria were met on that date. She also reported dispositions of 6,057 and 1,192 shares of common stock withheld to pay taxes on these equity awards. The filing further notes outstanding options with various vesting schedules and an indirect holding of 406.806 common shares by her spouse, for which beneficial ownership is disclaimed.