Glazek David Edward 4
4 · Turning Point Brands, Inc. · Filed Jun 4, 2025
Insider Transaction Report
Form 4
Glazek David Edward
DirectorExecutive Chairman
Transactions
- OtherSwap
Forward contract
2025-06-04+78,000→ 78,000 total→ Common Stock (78,000 underlying)
Footnotes (1)
- [F1]On June 4 2025, the reporting person entered into a financing transaction with an unaffiliated dealer to receive approximately $4.6 million secured by a pledge of up to 78,000 shares of the issuer's common stock (the "Pledged Shares"). On the maturity date of June 5, 2027 the reporting person is obligated to repay the lender in cash or at the reporting person's election to deliver up to 78,000 shares of the Issuer's common stock at a price per share ranging from $66.06 to $86.32 based on the then prevailing market price. The reporting person retains beneficial ownership of the Pledged Shares, including dividend and voting rights.