Turning Point Brands (TPB) director logs Form 4 tax withholding, options detail
Rhea-AI Filing Summary
Turning Point Brands, Inc. director files Form 4 for routine tax withholding. On January 2, 2026, a director reported a transaction in common stock coded "F," indicating 425 shares were withheld at $110.24 per share to cover taxes on restricted stock units that vested on that date. This was not an open-market buy or sell but a share withholding for tax purposes.
After this transaction, the director beneficially owned 283,291 shares, consisting of 281,086 shares of common stock and 2,205 restricted stock units. The filing also lists multiple option awards under the company’s 2015 Equity Incentive Plan, with exercise prices ranging from $14.85 to $51.75 and expiration dates between May 17, 2027 and February 18, 2031, all held in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 425 | $110.24 | $47K |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
Footnotes (1)
- The options vest and become exercisable as to 34% of the underlying shares on January 1, 2018, 33% of the underlying shares on January 1, 2019 and 33% of the underlying shares on January 1, 2020. The options vest and become exercisable as to 34% of the underlying shares on January 1, 2019, 33% of the underlying shares on January 1, 2020 and 33% of the underlying shares on January 1, 2021. Granted pursuant to the issuer's 2015 Equity Incentive Plan. The options vest and become exercisable as to 34% of the underlying shares on January 1, 2020, 33% of the underlying shares on January 1, 2021 and 33% of the underlying shares on January 1, 2022. The options vest and become exercisable as to 34% of the underlying shares on January 1, 2021, 33% of the underlying shares on January 1, 2022 and 33% of the underlying shares on January 1, 2023. The options vest and become exercisable as to 34% of the underlying shares on January 1, 2022, 33% of the underlying shares on January 1, 2023 and 33% of the underlying shares on January 1, 2024. The reported transaction involves shares withheld for payment of taxes related to the restricted stock units that have vested on 1/2/2026. The total reported in Column 5 includes 2,205 restricted stock units and 281,086 shares of common stock.
FAQ
What insider transaction did Turning Point Brands (TPB) report in this Form 4?
The filing reports that a director had 425 shares of common stock withheld on January 2, 2026 in a transaction coded "F," which indicates shares were withheld to satisfy tax obligations related to equity awards.
What is the insider’s relationship to Turning Point Brands (TPB)?
The reporting person is identified as a Director of Turning Point Brands, Inc., and the form is filed by one reporting person.
What stock options for TPB does the insider hold according to this filing?
The director holds several option awards granted under the 2015 Equity Incentive Plan, including options for 16,819 shares at $15.41 expiring May 17, 2027, 26,500 shares at $21.21 expiring March 7, 2028, 35,500 shares at $47.58 expiring March 20, 2029, 20,000 shares at $14.85 expiring March 18, 2030, and 15,900 shares at $51.75 expiring February 18, 2031, all held directly.
Were any new options or equity grants issued to the TPB director in this Form 4?
The document describes option awards previously granted under the 2015 Equity Incentive Plan and their vesting schedules, but the only new reported activity on January 2, 2026 is the 425-share tax withholding tied to vested restricted stock units.