Gendel Mitchell 4
4 · Tilray Brands, Inc. · Filed Aug 4, 2025
Insider Transaction Report
Form 4
Gendel Mitchell
Global General Counsel
Transactions
- Exercise/Conversion
Common Stock
2025-07-31$0.58/sh+93,928$54,478→ 742,069 total - Tax Payment
Common Stock
2025-07-31$0.58/sh−49,782$28,874→ 692,287 total - Purchase
Common Stock
2025-07-31$0.58/sh+6,000$3,496→ 698,287 total - Exercise/Conversion
Performance-Based Restricted Stock Units ("2022 PSUs")
2025-07-31−46,964→ 0 total→ Common Stock (93,928 underlying)
Footnotes (5)
- [F1]On July 26, 2022, the reporting person was granted 187,853 of 2022 PSUs, with vesting subject to the achievement of certain pre-established performance parameters relating to the aggregate EBITDA generated from the HEXO transaction. The underlying performance condition was satisfied, and 46,964 units vested on July 31, 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 46,964 of 2022 PSUs previously granted on June 26, 2022.
- [F4]Each unit represents a contingent right to receive one (1) share of Tilray Common Stock.
- [F5]On July 31, 2025, the reporting person purchased 6,000 shares of common stock of Tilray Brands, Inc. on the open market at a per share price of $0.5827.