Form 4: Turning Point Brands Director Stephen Usher Acquires 1,058 Shares of Common Stock
SEC Form 4 Filing
Director Stephen Usher reports acquisition of 1,058 shares of Turning Point Brands, Inc. common stock through a restricted stock unit grant.
Summary
- On May 8, 2025, Stephen Usher, a director of Turning Point Brands, Inc. (TPB), acquired 1,058 shares of common stock.
- The acquisition was a result of a grant of restricted stock units under the company's 2021 Equity Incentive Plan.
- The price per share was $75.66.
- Following the transaction, Usher beneficially owns a total of 6,775 shares of TPB common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating a director's acquisition of shares, which can be seen as a positive but doesn't necessarily indicate a major shift in the company's outlook.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: Stephen Usher acquired 1,058 shares of common stock. |
| 05/09/2025 | Date of signature on the Form 4 filing. |
Keywords
Turning Point Brands, Stephen Usher, Director, Common Stock, Restricted Stock Units, Equity Incentive Plan, Beneficial Ownership, Form 4
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