Form 4: Turning Point Brands Director Stephen Usher Acquires 1,058 Shares of Common Stock

Sentiment:

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

DateDescription
05/08/2025Date of transaction: Stephen Usher acquired 1,058 shares of common stock.
05/09/2025Date 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

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.