Turning Point Brands, Inc. (NYSE: TPB) recorded a set of insider transactions by Chief Financial Officer Andrew Flynn in the first days of March 2026, according to a Form 4 filed with the Securities and Exchange Commission.
On March 4, 2026, Flynn sold 2,000 shares of Turning Point Brands common stock for a combined total of $195,140. The sale registered a weighted average price of $97.57 per share, with transaction prices reported in a band from $97.37 to $97.85.
Those dispositions followed purchases Flynn made earlier in the week. The Form 4 shows that Flynn acquired 2,330 shares on March 2, valued at $252,838, and an additional 2,721 shares on March 3, valued at $292,688. The filing lists the pricing for these "A" transactions as ranging between $107.57 and $108.51 per share.
The disclosure also records a separate disposal of 2,086 shares at $100.99 per share on March 2, for a total of $210,665. The filing indicates those shares were withheld to cover tax obligations tied to performance restricted stock units.
These moves come as Turning Point Brands posted fourth-quarter 2025 financial results that exceeded expectations. The company reported earnings per share of $0.95, versus a consensus forecast of $0.88, representing a 7.95% positive surprise. Revenue for the quarter totaled $121 million, ahead of the forecasted $110.63 million by 9.37%.
The insider activity and earnings release occur against the backdrop of recent volatility in the company’s share price. The filing notes a sharp 31% decline in the stock over the prior week, and cites InvestingPro analysis that suggests the stock is trading below its Fair Value, with a reported PEG ratio of 0.71.
Between the mix of acquisitions, a taxable withholding sale and an outright sale on March 4, Flynn’s transactions present a sequence of portfolio adjustments disclosed in the company’s SEC filing. The filing provides clear dollar amounts, share counts and price ranges for each movement but does not offer commentary explaining the rationale behind the trades.
Turning Point Brands’ quarterly performance—higher-than-expected EPS and revenue—was highlighted in the filing as part of the company’s most recent financial updates. The filings and reported figures establish the factual record of insider trades and the company’s reported quarter; the filings do not link the trades to the quarterly results.
Key contexts: the Form 4 documents precise trade dates, share counts and prices; company results for Q4 2025 show an earnings and revenue beat; InvestingPro’s analysis is cited regarding the stock’s relative valuation on a PEG basis.