Turning Point Brands Insider Sells $3.3 Million in Stock After 80% One-Year Price Jump

6 days ago 4

Jonathan Ponciano, The Motley Fool

Mon, January 12, 2026 astatine 5:35 AM CST 5 min read

The enforcement president of Turning Point Brands sold 30,000 straight held shares for $3.31 cardinal connected Dec. 19.
The transaction represented 19.10% of Glazek's nonstop holdings, reducing his presumption to 127,083 shares aft the sale, arsenic reported.
All shares were disposed from nonstop ownership, with nary indirect entities oregon trusts participating successful this event; the merchantability followed the workout of banal options.
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David Edward Glazek, the enforcement president of Turning Point Brands (NYSE:TPB), sold 30,000 straight held shares via open-market merchantability connected Dec. 19, instantly pursuing an options exercise, for a transaction worth of $3.31 million, according to an SEC Form 4 filing.

Metric

Value

Shares sold (direct)	30,000
Transaction value	$3.31 million
Post-transaction shares (direct)	127,083
Post-transaction worth (direct ownership)	$13.9 million

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($110.26).

What was the quality of the transaction, and however does the derivative discourse interaction interpretation?
The transaction combined the workout of options with the contiguous open-market merchantability of 30,000 shares, indicating the merchantability was liquidity-driven alternatively than a simplification successful semipermanent exposure; the remaining options outstanding suggest continued alignment with imaginable upside.
How worldly was the merchantability comparative to Glazek's full nonstop ownership?
The 30,000 shares sold constituted 19.10% of Glazek's nonstop holdings instantly anterior to the transaction, marking a important but not controlling simplification successful his stake.
Did the transaction impact immoderate indirect ownership entities, trusts, oregon household vehicles?
No indirect holdings oregon affiliated entities were involved; each shares sold were from Glazek's straight held communal banal position.
How does the merchantability subordinate to disposable capableness and remaining enactment awards?
The magnitude of the merchantability is explained by Glazek's declining nonstop stock number post-exercise; helium retains 127,083 shares arsenic of Dec. 19, maintaining meaningful nonstop vulnerability to the company.

Metric

Value

Revenue (TTM)	$435.72 million
Net income (TTM)	$52.37 million
Dividend yield	0.4%
1-year terms change	78.33%

* 1-year terms alteration calculated utilizing Dec. 19 arsenic the notation date.

Turning Point Brands offers branded baccy products, rolling papers, cigar wraps, moist snuff, chewing tobacco, and vaping/CBD products nether brands, including Zig-Zag, Stoker's, and VaporFi.
The institution generates gross chiefly done manufacturing, marketing, and distributing user baccy and alternate products to wholesale distributors and retail merchants.
It serves autarkic and concatenation convenience stores, baccy outlets, nutrient stores, wide merchandisers, cause stores, and online consumers.