Form 4 for TLRY Tilray Brands, Inc.
Accepted 2025-07-31 00:00:00 ET · period of report 2025-07-29 · accession 0001171843-25-004928 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-07-31 | 2025-07-30 | TLRY | Merton Carl A | CFO | F - Tax | $0.61 | -88.3K | 876.4K | -9% | -$53.8K |
| D | 2025-07-31 | 2025-07-30 | TLRY | Merton Carl A | CFO | M - OptEx | $0.61 | +166.6K | 964.6K | +21% | +$101.6K |
| D | 2025-07-31 | 2025-07-29 | TLRY | Merton Carl A | CFO | A - Grant | $0.00 | +1.21M | 1.21M | New | $0 |
| D | 2025-07-31 | 2025-07-30 | TLRY | Merton Carl A | CFO | M - OptEx | $0.00 | -166.6K | 166.6K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-07-30 | F | D | 88,276 | $0.61 | 876,351 | D | — | — | (F3) Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 166,558 2024 RSUs previously granted on July 30, 2024. (F2) Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. |
| 2 | Common | Common Stock | 2025-07-30 | M | A | 166,558 | $0.61 | 964,627 | D | — | — | (F1) On July 30, 2024, the reporting person was granted 333,116 of 2024 RSUs, and 166,558 RSUs vested on July 30, 2025. (F2) Amount includes shares of Common Stock beneficially owned by the reporting person but excludes other unvested RSUs. |
| 3 | Derivative | Restricted Stock Units | 2025-07-29 | A | A | 1,208,339 | $0.00 | 1,208,339 | D | — · — to — | 1,208,339 Common Stock | (F5) Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of Common Stock. Grant date is based on close of trading on July 29, 2025. (F6) Subject to the reporting person's continuous employment through the vesting date, the LTIP RSUs shall vest in two (2) equal annual installments, commencing on July 29, 2026, and July 29, 2027, except in the case of the reporting person's earlier voluntary resignation, death or disability. In the event of a voluntary termination by the reporting person prior to the vesting date, all RSUs will be forfeited. |
| 4 | Derivative | Restricted Stock Units | 2025-07-30 | M | D | 166,558 | $0.00 | 166,558 | D | — · — to — | 166,558 Common Stock | (F4) Each unit represents a contingent right to receive one (1) share of Tilray Common Stock. |