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.
Common Stock
Shares
+60.42K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−30.21K
Price / share
$3.99
Trade value
$120.53K
% of position
Common Stock
Shares
+16.66K
Price / share
—
Trade value
—
% of position
Common Stock
Shares
−9.16K
Price / share
$4.20
Trade value
$38.48K
% of position
Net shares
+37.70K
Net value
-$159.01K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 7/29/2026 | M · Option Exercise | +60.42K | — | — | 65.6% | 92.05K | 152.47K |
| Common Stock Direct | 7/29/2026 | F · Tax Withholding | −30.21K | $3.99 | $120.53K | 19.8% | 152.47K | 122.26K |
| Common Stock Direct | 7/30/2026 | M · Option Exercise | +16.66K | — | — | 13.6% | 122.26K | 138.91K |
| Common Stock Direct | 7/30/2026 | F · Tax Withholding | −9.16K | $4.20 | $38.48K | 6.6% | 138.91K | 129.75K |
| Total | +37.70K | -$159.01K | ||||||
Restricted Stock Units
Common Stock
60.42K shares
Shares
−60.42K
Strike price
Held after
93.69K
Exercisable
—
Restricted Stock Units
Common Stock
180.30K shares
Shares
+180.30K
Strike price
Held after
281.90K
Exercisable
—
Restricted Stock Units
Common Stock
16.66K shares
Shares
−16.66K
Strike price
Held after
0.00
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock60.42K shares | 7/29/2026 | M · Option Exercise | −60.42K | — | 93.69K | |
| Restricted Stock Units Direct | Common Stock180.30K shares | 7/29/2026 | A · Award | +180.30K | — | 281.90K | |
| Restricted Stock Units Direct | Common Stock16.66K shares | 7/30/2026 | M · Option Exercise | −16.66K | — | 0.00 |