Diao H.C. Charles 4

What Happened

• Diao H.C. Charles, a director of Turning Point Brands (TPB), received a grant of 1,295 restricted stock units (RSUs) on 2026-05-11. The grant is reported at a per-share value of $92.71, for a total reported value of $120,059.
• This filing reports an ownership total that includes the new award plus existing common stock — the Form 4 shows 11,099 shares/RSU-equivalents after the transaction (1,295 RSUs + 9,804 common shares).

Key Details

• Transaction date: 2026-05-11; Filing date: 2026-05-13 (timely; Form 4 filed within required window).
• Transaction type/code: Award/Grant (A) — this is a compensation grant, not an open-market purchase or sale.
• Shares awarded: 1,295 RSUs at $92.71 per share; reported value $120,059.
• Shares owned after transaction: 11,099 total (1,295 RSUs + 9,804 common shares) as disclosed in the filing.
• Footnote: The 1,295 RSUs were granted under Turning Point Brands’ 2021 Equity Incentive Plan.

Context

• RSUs are restricted stock units that typically vest over time and do not represent an immediate market purchase; they are commonly used as director/executive compensation and don't by themselves signal a buy or sell decision.
• No sale, exercise, gift, or 10b5-1 plan is indicated in this filing — it’s a standard equity award disclosure.