Reddy Rohith 4
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Turning Point Brands (TPB) Director Reddy Rohith Receives Award
What Happened Reddy Rohith, a director of Turning Point Brands, received a grant of 1,295 restricted stock units (RSUs) on 2026-05-11. The award is reported at a per-share valuation of $92.71, totaling $120,059. This was an equity award (code A) as part of the company's compensation plan, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-11; Form 4 filed: 2026-05-13 (timely).
- Grant details: 1,295 RSUs; reported per-share value: $92.71; total value: $120,059.
- Shares owned after transaction (reported): 6,795 total — comprised of the 1,295 newly awarded RSUs plus 5,500 existing common shares (per footnote F1).
- Transaction type: Award/Grant (code A). No sale or cash purchase reported.
- Footnote: F1 clarifies Column 5 totals include the new RSUs and previously held shares.
Context RSUs are equity awards that convert into shares if and when they vest; they do not represent immediately sellable stock unless vested. Grants like this are typically compensation-related and should not be read as an outright purchase signal. This filing relates to a director (not a 10% owner) and was filed promptly with the SEC.