Purdy Graham's Form 4 filing
Turning Point Brands, Inc. (TPB) · filed Jun 13, 2025
- Accession no.
- 0001437749-25-020343
- Filed
- Jun 13, 2025
- Trade date
- Jun 11-12, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 6 derivative transactions. Open-market sales total $3.85M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Purdy GrahamCIK 0001794878 | Director, Officer (President and CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 11, 2025 | Common Stock | MOption exerciseAcquired | +30,000 | –F10 | – | 257,466 | Direct | |
| Jun 11, 2025 | Common Stock | SSaleDisposed | −30,000 | $75.03F12 | −$2,250,900 | 227,466 | Direct | |
| Jun 12, 2025 | Common Stock | MOption exerciseAcquired | +21,400 | –F13 | – | 248,866 | Direct | |
| Jun 12, 2025 | Common Stock | SSaleDisposed | −21,400 | $74.89F15 | −$1,602,646 | 227,466 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 11, 2025 | Common Stock | MOption exerciseDisposed | −8,900 | $21.21 | −$188,769 | 0 | Direct | |
| Jun 11, 2025 | Common Stock | MOption exerciseDisposed | −5,500 | $47.58 | −$261,690 | 0 | Direct | |
| Jun 11, 2025 | Common Stock | MOption exerciseDisposed | −9,000 | $51.75 | −$465,750 | 0 | Direct | |
| Jun 11, 2025 | Common Stock | MOption exerciseDisposed | −12,000 | $30.46 | −$365,520 | 0 | Direct | |
| Jun 12, 2025 | Common Stock | MOption exerciseDisposed | −5,000 | $15.41 | −$77,050 | 0 | Direct | |
| Jun 12, 2025 | Common Stock | MOption exerciseDisposed | −11,000 | $14.85 | −$163,350 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F10
The reported transaction involved the reporting person's exercise of 30,000 options granted under Turning Point Brands, Inc.'s 2015 and 2021 Equity Incentive Plans, as detailed in Table II.
Referenced by the price of 1 transaction in Table I.
- F12
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.76 to $75.82.
Referenced by the price of 1 transaction in Table I.
- F13
The reported transaction involved the reporting person's exercise of 21,400 options granted under Turning Point Brands, Inc.'s 2015 Equity Incentive Plan, as detailed in Table II.
Referenced by the price of 1 transaction in Table I.
- F15
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.72 to $75.79.
Referenced by the price of 1 transaction in Table I.