Brittani Cushman - 02 Jan 2026 Form 4 Insider Report for Turning Point Brands, Inc. (TPB)

Role: Sr VP, General Counsel
Signature: /s/ Brittani Cushman
Issuer symbol: TPB
Transactions as of: 02 Jan 2026
Net transactions value: -$21,276
Form type: 4
Filing time: 06 Jan 2026, 20:52:20 UTC
Previous filing: 21 Nov 2025
Next filing: 05 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cushman Brittani	Sr VP, General Counsel	5201 INTERCHANGE WAY, LOUISVILLE	/s/ Brittani Cushman	06 Jan 2026	0001831600

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPB	Common Stock	Tax liability	$21,276	-193	-0.56%	$110.24	34,081	02 Jan 2026	Direct	F9, F10
holding	TPB	Common Stock						407	02 Jan 2026	By Spouse	F1

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
holding	TPB	Options						8,000	02 Jan 2026	Common Stock	8,000	$30.46	Direct	F7, F8
holding	TPB	Options						7,000	02 Jan 2026	Common Stock	7,000	$51.75	Direct	F2, F3
holding	TPB	Options						3,000	02 Jan 2026	Common Stock	3,000	$14.85	Direct	F2, F4
holding	TPB	Options						4,800	02 Jan 2026	Common Stock	4,800	$47.58	Direct	F2, F5
holding	TPB	Options						500	02 Jan 2026	Common Stock	500	$21.21	Direct	F2, F6

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

Explanation of Responses:

Id	Content
F1	The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
F2	Granted pursuant to the issuer's 2015 Equity Incentive Plan
F3	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.
F4	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.
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, 2019, 33% of the underlying shares on January 1, 2020 and 33% of the underlying shares on January 1, 2021.
F7	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.
F8	Granted pursuant to the issuer's 2021 Equity Incentive Plan.
F9	The reported transaction involves shares withheld for the payment of taxes related to the restricted units that have vested on 1/2/2026.
F10	The total reported in Column 5 includes 8,609 restricted stock units and 25,472 shares of common stock (which includes a total of 413 shares of common stock that have been deferred into the Company Non-Qualified Deferred Plan and will be settled in accordance with the terms thereof).