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: 8/4/2025ACC: 0001171843-25-004992
Officer· Chief Financial Officer
Since Apr 2021
-2.82K
Net shares
Net seller
$28.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
93.93K acquired · 96.75K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+93.93K
Price / share
$0.58
Trade value
$54.48K
% of position
10.7%
7/31/2025
876.35K→970.28K
Common Stock
Direct
Shares
−49.78K
Price / share
$0.58
Trade value
$28.87K
% of position
5.1%
7/31/2025
970.28K→920.50K
Total
Net shares
+44.15K
Net value
$25.60K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 7/31/2025 | M · Option Exercise | +93.93K | $0.58 | $54.48K | 10.7% | 876.35K | 970.28K |
| Common Stock Direct | 7/31/2025 | F · Tax Withholding | −49.78K | $0.58 | $28.87K | 5.1% | 970.28K | 920.50K |
| Total | +44.15K | $25.60K | ||||||
Derivative Transactions1
Performance-Based Restricted Stock Units ("2022 PSUs")
Direct
Converts to
Common Stock
93.93K shares
Shares
−46.96K
Strike price
Held after
0.00
Exercisable
—
7/31/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock Units ("2022 PSUs") Direct | Common Stock93.93K shares | 7/31/2025 | M · Option Exercise | −46.96K | — | 0.00 |