Brian Wigginton - 16 Jun 2025 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role
Sr VP Finance & CAO
Signature
/s/ Brian Wigginton
Issuer symbol
TPB
Transactions as of
16 Jun 2025
Net transactions value
-$1,172,772
Form type
4
Filing time
18 Jun 2025, 17:23:32 UTC
Previous filing
09 May 2025
Next filing
05 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Wigginton Brian Sr VP Finance & CAO 5201 INTERCHANGE WAY, LOUISVILLE /s/ Brian Wigginton 18 Jun 2025 0001734429

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPB Common Stock Options Exercise +10,800 +106% 20,971 16 Jun 2025 Direct F9, F10
transaction TPB Common Stock Sale $817,236 -10,800 -51% $75.67 10,171 16 Jun 2025 Direct F11, F12

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPB Options Options Exercise $11,558 -750 -100% $15.41 0 16 Jun 2025 Common Stock 750 $15.41 Direct F1, F3
transaction TPB Options Options Exercise $8,484 -400 -100% $21.21 0 16 Jun 2025 Common Stock 400 $21.21 Direct F1, F4
transaction TPB Options Options Exercise $19,032 -400 -100% $47.58 0 16 Jun 2025 Common Stock 400 $47.58 Direct F1, F5
transaction TPB Options Options Exercise $37,125 -2,500 -100% $14.85 0 16 Jun 2025 Common Stock 2,500 $14.85 Direct F1, F6
transaction TPB Options Options Exercise $90,562 -1,750 -100% $51.75 0 16 Jun 2025 Common Stock 1,750 $51.75 Direct F1, F7
transaction TPB Options Options Exercise $112,625 -2,500 -100% $45.05 0 16 Jun 2025 Common Stock 2,500 $45.05 Direct F2, F7
transaction TPB Options Options Exercise $76,150 -2,500 -100% $30.46 0 16 Jun 2025 Common Stock 2,500 $30.46 Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the issuer's 2015 Equity Incentive Plan
F2 Granted pursuant to the issuer's 2021 Equity Incentive Plan.
F3 The options vest and become 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 vest and become 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.
F5 The options vest and become 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.
F6 The options vest and become 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.
F7 The options vest and become 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.
F8 The options vest and become exercisable as to 34% of the underlying shares on January 1, 2023, 33% of the underlying shares on January 1, 2024 and 33% of the underlying shares on January 1, 2025.
F9 The reported transaction involved the reporting person's exercise of 10,800 options granted under Turning Point Brand's Inc.'s 2015 and 2021 Equity Incentive Plans, as detailed in Table II.
F10 The total reported in Column 5 includes the reporting person's exercise of 10,800 options granted under Turning Point Brand's Inc.'s 2015 and 2021 Equity Incentive Plans, 5,948 restricted stock units, and 4,223 shares of common stock.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.26 to $75.35.
F12 The total reported in Column 5 includes the reporting person's 5,948 restricted stock units, and 4,223 shares of common stock.