John A. Catsimatidis Jr - May 8, 2024 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role: Director
Signature: /s/ John A. Catsimatidis Jr.
Stock symbol: TPB
Transactions as of: May 8, 2024
Transactions value $: $80,009
Form type: 4
Date filed: 5/10/2024, 06:28 PM
Previous filing: May 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPB	Common Stock	Award	$80K	+2.42K	+24.15%	$33.13	12.4K	May 8, 2024	Direct	F1
holding	TPB	Common Stock						400K	May 8, 2024	Shares owned by United Refining, Inc.	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported transaction involved the reporting person's receipt of a grant of 2,415 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly awarded 2,415 restricted stock units and 10,000 shares of common stock.
F2	The securities reported are owned directly by United Refining, Inc., an indirect wholly owned subsidiary of Red Apple Group, Inc. Mr. Catsimatidis Jr. is the President and Chief Operating Officer of Red Apple Group, Inc., and by virtue of this position may be deemed the beneficial owner of securities owned by United Refining, Inc. Mr. Catsimatidis Jr. disclaims beneficial ownership of the securities owned by United Refining, Inc., except to the extent of his pecuniary interest therein.

Content

The reported transaction involved the reporting person's receipt of a grant of 2,415 restricted stock units under Turning Point Brands, Inc,'s 2021 Equity Incentive Plan. The total reported in Column 5 includes the newly awarded 2,415 restricted stock units and 10,000 shares of common stock.

The securities reported are owned directly by United Refining, Inc., an indirect wholly owned subsidiary of Red Apple Group, Inc. Mr. Catsimatidis Jr. is the President and Chief Operating Officer of Red Apple Group, Inc., and by virtue of this position may be deemed the beneficial owner of securities owned by United Refining, Inc. Mr. Catsimatidis Jr. disclaims beneficial ownership of the securities owned by United Refining, Inc., except to the extent of his pecuniary interest therein.