# EDGAR Filing Document

**Accession Number:** 0001794878
**File Stem:** 0001437749-25-020343
**Filing Date:** 2025-6
**Character Count:** 9508
**Document Hash:** 5cc92853bb8354093a5ada369fdefc2e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-25-020343.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0001437749-25-020343

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250611

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Purdy Graham
- **CENTRAL INDEX KEY:** 0001794878

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37763
- **FILM NUMBER:** 251048009

**MAIL ADDRESS:**
- **STREET 1:** 12442 POPLAR WOOD DRIVE
- **CITY:** GOSHEN
- **STATE:** KY
- **ZIP:** 40026
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Turning Point Brands, Inc.
- **CENTRAL INDEX KEY:** 0001290677
- **STANDARD INDUSTRIAL CLASSIFICATION:** TOBACCO PRODUCTS [2100]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 133961898
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 5201 INTERCHANGE WAY
- **CITY:** LOUISVILLE
- **STATE:** KY
- **ZIP:** 40229
- **BUSINESS PHONE:** (502) 778-4421

**MAIL ADDRESS:**
- **STREET 1:** 5201 INTERCHANGE WAY
- **CITY:** LOUISVILLE
- **STATE:** KY
- **ZIP:** 40229

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** North Atlantic Holding Company, Inc.
- **DATE OF NAME CHANGE:** 20040517

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Purdy Graham<br><sub>(Last) (First) (Middle)</sub><br>5201 INTERCHANGE WAY<br><sub>(Street)</sub><br>LOUISVILLE, KY 40229<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-06-11 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President and CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Turning Point Brands, Inc. [ TPB ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-06-11 |  | M |  | 30000 | A | <sup>(10)</sup> | 257466<sup>(11)</sup> | D |  |
| Common Stock | 2025-06-11 |  | S |  | 30000 | D | 75.03<sup>(12)</sup> | 227466 | D |  |
| Common Stock | 2025-06-12 |  | M |  | 21400 | A | <sup>(13)</sup> | 248866<sup>(14)</sup> | D |  |
| Common Stock | 2025-06-12 |  | S |  | 21400 | D | 74.89<sup>(15)</sup> | 227466 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Options<sup>(1)</sup> | $21.21 | 2025-06-11<sup>(9)</sup> |  | M |  |  | 8900 | <sup>(3)</sup> | 2028-03-07 | Common Stock | 8900 | $21.21 | 0 | D |  |
| Options<sup>(1)</sup> | $47.58 | 2025-06-11 |  | M |  |  | 5500 | <sup>(4)</sup> | 2029-03-20 | Common Stock | 5500 | $47.58 | 0 | D |  |
| Options<sup>(1)</sup> | $51.75 | 2025-06-11 |  | M |  |  | 9000 | <sup>(5)</sup> | 2031-02-18 | Common Stock | 9000 | $51.75 | 0 | D |  |
| Options<sup>(2)</sup> | $30.46 | 2025-06-11 |  | M |  |  | 12000 | <sup>(6)</sup> | 2032-03-14 | Common Stock | 12000 | $30.46 | 0 | D |  |
| Options<sup>(1)</sup> | $15.41 | 2025-06-12 |  | M |  |  | 5000 | <sup>(7)</sup> | 2027-05-17 | Common Stock | 5000 | $15.41 | 0 | D |  |
| Options<sup>(1)</sup> | $14.85 | 2025-06-12 |  | M |  |  | 11000 | <sup>(8)</sup> | 2030-03-18 | Common Stock | 11000 | $14.85 | 0 | D |  |

---

### Footnotes:

(1) Granted pursuant to the issuer's 2015 Equity Incentive Plan

(2) Granted pursuant to the issuer's 2021 Equity Incentive Plan.

(3) 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.

(4) 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.

(5) 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.

(6) 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.

(7) 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.

(8) 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.

(9) The reported transaction involved the reporting person's 8,900 options for stock units granted under Turning Point Brand's, Inc.'s 2015 Equity Incentive Plan, which exercise was completed over June 11, 2025 and June 12, 2025.

(10) The reported transaction involved the reporting person's exercise of 30,000 options granted under Turning Point Brands, Inc.'s 2015 and 2021 Equity Incentive Plans, as detailed in Table II.

(11) The reported transaction involved the reporting person's exercise of 30,000 options granted under Turning Point Brands, Inc.'s 2015 and 2021 Equity Incentive Plans. The total reported in Column 5 includes 34,011 restricted stock units and 223,455 shares of common stock.

(12) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.76 to $75.82.

(13) The reported transaction involved the reporting person's exercise of 21,400 options granted under Turning Point Brands, Inc.'s 2015 Equity Incentive Plan, as detailed in Table II.

(14) The reported transaction involved the reporting person's exercise of 21,400 options for stock units granted under Turning Point Brands, Inc,'s 2015 Equity Incentive Plan. The total reported in Column 5 includes 34,011 restricted stock units and 214,855 shares of common stock.

(15) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.72 to $75.79.

**Signature:** /s/ Graham Purdy  
**Date:** 2025-06-13

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**