Usher Stephen 4

What Happened

Stephen Usher, 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 a grant price of $92.71 per share, for a total reported value of $120,059. This transaction is coded as an award/grant (A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-11; Form filed: 2026-05-13 (timely filing).
• Grant: 1,295 RSUs at $92.71 each; reported value $120,059.
• Shares owned after transaction: 4,175 previously held common shares + 1,295 newly awarded RSUs = 5,470 total reported units.
• Footnote: The RSUs were granted under Turning Point Brands, Inc.’s 2021 Equity Incentive Plan.
• Transaction type: Award/grant (A). No sale or open-market purchase reported.

Context

RSUs are restricted stock units that typically convert to common shares under the company’s vesting rules and are generally intended as compensation rather than an immediate market bet. This grant increases Usher’s reported holdings but does not by itself indicate a purchase in the open market or an immediate sale.