Baxter Gregory H.A. 4

What Happened

• Baxter Gregory H.A., a director of Turning Point Brands, received a grant of 1,295 restricted stock units (RSUs) on May 11, 2026. The award is reported at an implied value of $92.71 per share, totaling $120,059. This transaction is an equity award (code A) — a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-11; reported value $92.71 per RSU; total value $120,059.
• Shares owned after transaction: Reported total in the filing includes the new 1,295 RSUs plus 38,919 existing common shares, for an aggregate of 40,214 shares.
• Footnote: The grant was made under Turning Point Brands, Inc.’s 2021 Equity Incentive Plan (see footnote F1).
• Filing timeliness: Reported on May 13, 2026 for a May 11 transaction — a timely Form 4 filing (within the usual two-business-day window).

Context

• RSUs are equity awards that typically vest over time and do not represent an immediate open-market purchase or sale; they reflect compensation. Such grants are routine for directors and do not, by themselves, indicate a buy/sell signal.