Form 4: Turning Point Brands Director Gregory Baxter Reports Stock Transactions
SEC Form 4
Director Gregory Baxter reports acquisition of restricted stock units and disposal of common stock in Turning Point Brands, Inc.
Summary
- Gregory Baxter, a director of Turning Point Brands, Inc. (TPB), reported changes in beneficial ownership.
- On May 8, 2025, Baxter acquired 1,058 restricted stock units at a price of $75.66.
- On May 9, 2025, Baxter disposed of 1,500 shares of common stock at a price of $73.64.
- Following these transactions, Baxter beneficially owns 40,419 shares of common stock, including 1,058 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding their investment activities.
Stakeholder Impact
- The transactions may influence investor perception of Turning Point Brands, Inc.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Acquisition of 1,058 restricted stock units at $75.66. |
| 05/09/2025 | Sale of 1,500 shares of common stock at $73.64. |
Keywords
Turning Point Brands, Gregory Baxter, stock, Form 4, restricted stock units, director, beneficial ownership, TPB
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