Purdy Graham 4

What Happened

• Purdy Graham, President, CEO and a director of Turning Point Brands (TPB), was granted 8,638 restricted stock units (RSUs) on 2026-03-24. The grant is reported at a per‑share value of $86.83, for an aggregate reported value of $750,038. This transaction is reported as an award/grant (transaction code A).

Key Details

• Transaction date: 2026-03-24; Filing date: 2026-03-26.
• Grant: 8,638 RSUs at $86.83 per share; aggregate value reported $750,038.
• Reported beneficial ownership after the transaction (per filing): 27,094 RSUs and 238,889 shares of common stock.
• Footnote: On Dec 8, 2025 Graham entered a financing secured by a pledge of up to 140,140 shares; he retains beneficial ownership, dividends and voting rights. Loan matures Dec 10, 2026; repayment may be in cash or delivery of up to 140,140 shares at a per‑share price between $91.50 and $104.45, depending on market price.
• Filing appears timely (transaction on 3/24, Form 4 filed 3/26).

Context

• RSUs are awards that convert to actual shares only when they vest; this grant does not represent an immediate open‑market purchase or sale. Such awards are compensation-related and do not by themselves indicate an immediate change in cash holdings or insider sentiment.
• The disclosed pledge/financing could affect how many shares remain available for sale if repayment in stock is elected at maturity.