MERTON CARL A (Chief Financial Officer) exercised options at TILRAY BRANDS, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 6/4/2025ACC: 0001171843-25-003684
Officer· Chief Financial Officer
Since Apr 2021
-95.96K
Net shares
Net seller
$39.3K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
174.48K acquired · 270.44K disposed
Non-Derivative Transactions2
Common Stock (RSUs)
Direct
Shares
+174.48K
Price / share
$0.41
Trade value
$71.54K
% of position
25.4%
6/2/2025
686.05K→860.53K
Common Stock (RSUs)
Direct
Shares
−95.96K
Price / share
$0.41
Trade value
$39.34K
% of position
11.2%
6/2/2025
860.53K→764.57K
Total
Net shares
+78.51K
Net value
$32.19K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock (RSUs) Direct | 6/2/2025 | M · Option Exercise | +174.48K | $0.41 | $71.54K | 25.4% | 686.05K | 860.53K |
| Common Stock (RSUs) Direct | 6/2/2025 | F · Tax Withholding | −95.96K | $0.41 | $39.34K | 11.2% | 860.53K | 764.57K |
| Total | +78.51K | $32.19K | ||||||
Derivative Transactions1
Restricted Stock Units ("LTIP RSUs")
Direct
Converts to
Common Stock
174.48K shares
Shares
−174.48K
Strike price
Held after
0.00
Exercisable
—
6/2/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units ("LTIP RSUs") Direct | Common Stock174.48K shares | 6/2/2025 | D · Disposition | −174.48K | — | 0.00 |