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: 7/31/2025ACC: 0001171843-25-004928
Officer· Chief Financial Officer
Since Apr 2021
+1.12M
Net shares
Net buyer
$53.8K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
1.37M acquired · 254.83K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+166.56K
Price / share
$0.61
Trade value
$101.60K
% of position
20.9%
7/30/2025
798.07K→964.63K
Common Stock
Direct
Shares
−88.28K
Price / share
$0.61
Trade value
$53.85K
% of position
9.2%
7/30/2025
964.63K→876.35K
Total
Net shares
+78.28K
Net value
$47.75K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 7/30/2025 | M · Option Exercise | +166.56K | $0.61 | $101.60K | 20.9% | 798.07K | 964.63K |
| Common Stock Direct | 7/30/2025 | F · Tax Withholding | −88.28K | $0.61 | $53.85K | 9.2% | 964.63K | 876.35K |
| Total | +78.28K | $47.75K | ||||||
Derivative Transactions2
Restricted Stock Units
Direct
Converts to
Common Stock
1.21M shares
Shares
+1.21M
Strike price
Held after
1.21M
Exercisable
—
7/29/2025
Restricted Stock Units
Direct
Converts to
Common Stock
166.56K shares
Shares
−166.56K
Strike price
Held after
166.56K
Exercisable
—
7/30/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock1.21M shares | 7/29/2025 | A · Award | +1.21M | — | 1.21M | |
| Restricted Stock Units Direct | Common Stock166.56K shares | 7/30/2025 | M · Option Exercise | −166.56K | — | 166.56K |