Turning Point Brands, Inc. — Director's Dealing 2025

Jun 12, 2025

SEC Form 4/A — Form 4/A

Issuer: Turning Point Brands, Inc. (TPB)
CIK: 0001290677
Period of Report: 2025-06-09

Reporting Person: Cushman Brittani (Sr VP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-06-09	Common Stock	M	7500	$13	Acquired	42187	Direct
2025-06-09	Common Stock	S	7500	$75.89	Disposed	34687	Direct
2025-06-10	Common Stock	M	7500	$13	Acquired	42187	Direct
2025-06-10	Common Stock	S	7500	$74.36	Disposed	34687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-06-09	Options	$13	M	7500	Disposed	2027-02-14	Common Stock (10000)	Direct
2025-06-10	Options	$13	M	7500	Disposed	2027-02-14	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	406.806	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$30.4600	2032-03-14	Common Stock (8000)	8000	Direct
Options	$51.7500	2031-02-18	Common Stock (7000)	7000	Direct
Options	$14.8500	2030-03-18	Common Stock (6000)	6000	Direct
Options	$47.5800	2029-03-20	Common Stock (4800)	4800	Direct
Options	$21.2100	2028-03-07	Common Stock (4500)	4500	Direct
Options	$15.4100	2027-05-14	Common Stock (3250)	3250	Direct

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.

F2: Granted pursuant to the issuer's 2015 Equity Incentive Plan

F3: 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.

F4: 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.

F5: 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.

F6: 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.

F7: The options vested and became 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.

F8: The options vest and become exercisable as to 34% of the underlying shares on January 1, 2023, 33% of the underlying shares on January 1, 2024 and 33% of the underlying shares on January 1, 2025.

F9: Granted pursuant to the issuer's 2021 Equity Incentive Plan.

F10: The reported transaction involved the reporting person's exercise of 7,500 options granted under Turning Point Brands, Inc.'s 2015 Equity Incentive Plan. The total reported in Column 5 includes 9,434 restricted stock units and 32,753 shares of common stock.

F11: The reported transaction involved the reporting person's disposition of the exercised 7,500 options granted under Turning Point Brands, Inc.'s 2015 Equity Incentive Plan.

F12: The original Form 4, filed on June 11, 2025, is being amended solely to correct an administrative error that incorrectly reported the reporting person's indirect ownership number of units, due to a missed decimal. The total reported in Column 5 is correctly recited as 406.806.