4//SEC Filing
Merton Carl A 4
Accession 0001171843-25-004928
CIK 0001731348other
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 6:16 PM ET
Size
11.9 KB
Accession
0001171843-25-004928
Insider Transaction Report
Form 4
Merton Carl A
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2025-07-30$0.61/sh+166,558$101,600→ 964,627 total - Exercise/Conversion
Restricted Stock Units
2025-07-30−166,558→ 166,558 total→ Common Stock (166,558 underlying) - Tax Payment
Common Stock
2025-07-30$0.61/sh−88,276$53,848→ 876,351 total - Award
Restricted Stock Units
2025-07-29+1,208,339→ 1,208,339 total→ Common Stock (1,208,339 underlying)
Footnotes (6)
- [F1]On July 30, 2024, the reporting person was granted 333,116 of 2024 RSUs, and 166,558 RSUs vested on July 30, 2025.
- [F2]Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs.
- [F3]Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 166,558 2024 RSUs previously granted on July 30, 2024.
- [F4]Each unit represents a contingent right to receive one (1) share of Tilray Common Stock.
- [F5]Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of Common Stock. Grant date is based on close of trading on July 29, 2025.
- [F6]Subject to the reporting person's continuous employment through the vesting date, the LTIP RSUs shall vest in two (2) equal annual installments, commencing on July 29, 2026, and July 29, 2027, except in the case of the reporting person's earlier voluntary resignation, death or disability. In the event of a voluntary termination by the reporting person prior to the vesting date, all RSUs will be forfeited.
Documents
Issuer
Tilray Brands, Inc.
CIK 0001731348
Entity typeother
Related Parties
1- filerCIK 0001860546
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 6:16 PM ET
- Size
- 11.9 KB