Form 4 for TLRY Tilray Brands, Inc.
Accepted 2025-07-31 00:00:00 ET · period of report 2025-07-29 · accession 0001171843-25-004934 · 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 | Herhalt Johann Michael | Dir | M - OptEx | $0.61 | +124.4K | 239.9K | +108% | +$75.9K |
| D | 2025-07-31 | 2025-07-30 | TLRY | Herhalt Johann Michael | Dir | F - Tax | $0.61 | -65.9K | 174.0K | -27% | -$40.2K |
| D | 2025-07-31 | 2025-07-30 | TLRY | Herhalt Johann Michael | Dir | M - OptEx | $0.00 | -124.4K | 0 | -100% | $0 |
| D | 2025-07-31 | 2025-07-29 | TLRY | Herhalt Johann Michael | Dir | A - Grant | $0.00 | +431.0K | 431.0K | New | $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 | M | A | 124,378 | $0.61 | 239,930 | D | — | — | (F1) On July 30, 2025, a total of 124,378 RSUs vested. Each RSU represents a contingent right to receive one (1) share of Tilray Common Stock. (F3) Amount includes shares of Common Stock beneficially owned by the reporting person, but excludes other unvested RSUs. |
| 2 | Common | Common Stock | 2025-07-30 | F | D | 65,921 | $0.61 | 174,009 | D | — | — | (F2) Represents shares withheld by the Company to satisfy the tax withholding obligation associated with the vesting of 124,378 LTIP RSUs previously granted on July 30, 2024. (F3) Amount includes shares of Common Stock beneficially owned by the reporting person, but excludes other unvested RSUs. |
| 3 | Derivative | Restricted Stock Units | 2025-07-30 | M | D | 124,378 | $0.00 | 0 | D | — · — to — | 124,378 Common Stock | (F6) Amount represents the total amount of unvested RSUs and underlying shares of Tilray Common Stock. (F4) Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock. (F5) Subject to the reporting person's continuous service, the restricted stock units shall vest one year from the date of grant, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary resignation by the reporting person prior to the vesting date, all restricted stock units will be forfeited. |
| 4 | Derivative | Restricted Stock Units | 2025-07-29 | A | A | 431,034 | $0.00 | 431,034 | D | — · — to — | 431,034 Common Stock | (F6) Amount represents the total amount of unvested RSUs and underlying shares of Tilray Common Stock. (F4) Each restricted stock unit represents a contingent right to receive one (1) share of Tilray Common Stock. (F5) Subject to the reporting person's continuous service, the restricted stock units shall vest one year from the date of grant, with accelerated vesting solely upon death or disability prior to such date. In the event of a voluntary resignation by the reporting person prior to the vesting date, all restricted stock units will be forfeited. |