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Stock impact report

Turning Point Brands Insider Sells $3.3 Million in Stock After 80% One-Year Price Jump [Yahoo! Finance]

Turning Point Brands, Inc. (TPB) 
Last turning point brands, inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The transaction represented 19.10% of Glazek's direct holdings, reducing his position to 127,083 shares after the sale, as reported. All shares were disposed from direct ownership, with no indirect entities or trusts participating in this event; the sale followed the exercise of stock options. These 10 stocks could mint the next wave of millionaires › David Edward Glazek, the executive chairman of Turning Point Brands (NYSE:TPB) , sold 30,000 directly held shares via open-market sale on Dec. 19, immediately following an options exercise, for a transaction value of $3.31 million, according to an SEC Form 4 filing Metric Value Shares sold (direct) Transaction value $3.31 million Post-transaction shares (direct) Post-transaction value (direct ownership) $13.9 million Transaction value based on SEC Form 4 weighted average purchase price ($110.26). What was the nature of the transaction, and how does the derivative context impact interpretation? The transaction Show less Read more
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