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Tilray Brands, Inc. — Director's Dealing 2025
Jun 4, 2025
31988_dirs_2025-06-04_f3aa1347-b92b-4382-9e69-5350f27209fc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Tilray Brands, Inc. (TLRY)
CIK: 0001731348
Period of Report: 2025-06-02
Reporting Person: Merton Carl A (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-06-02 | Common Stock (RSUs) | M | 174477 | $0.41 | Acquired | 860532 | Direct |
| 2025-06-02 | Common Stock (RSUs) | F | 95963 | $0.41 | Disposed | 764569 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-06-02 | Restricted Stock Units ("LTIP RSUs") | $ | D | 174477 | Disposed | Common Stock (174477) | Direct |
Footnotes
F1: On June 2, 2025, a total of 174,477 LTIP RSUs vested. Each LTIP RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
F2: Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. Amount also includes 46,000 shares of Common Stock held by the spouse of the reporting person.
F3: Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 174,477 LTIP RSUs previously granted on July 26, 2023.
F4: Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock.
F5: Amount represents the total amount of unvested RSUs.