Catsimatidis John A. Jr 4

What Happened

• John A. Catsimatidis Jr., a director of Turning Point Brands, received a grant of 1,295 restricted stock units (RSUs) under the company's 2021 Equity Incentive Plan. The filing values the grant at $92.71 per share, for a total reported value of $120,059. This transaction is an award/grant (code A), not an open-market purchase.

Key Details

• Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (timely).
• Grant details: 1,295 RSUs @ $92.71 per share; total value reported $120,059.
• Shares reported beneficially owned after the award: 13,473 shares of common stock plus the 1,295 newly awarded RSUs = 14,768 total reported in the filing.
• Footnote: The 13,473 shares are owned directly by United Refining, Inc., an indirect wholly owned subsidiary of Red Apple Group, Inc. Mr. Catsimatidis Jr. is President & COO of Red Apple Group and may be deemed to beneficially own securities held by United Refining, but he disclaims beneficial ownership except to the extent of any pecuniary interest.
• Transaction type: Award/grant (A); no sale or purchase of existing shares reported.

Context

• RSU grants are common compensation for directors and executives and represent a non-cash award that vests according to plan terms; they do not necessarily indicate the insider bought or sold stock. Because part of the reported holdings are owned by an affiliated company (United Refining), note that some reported ownership reflects institutional holdings rather than direct personal purchases.