Form 8-K

8-K — Turning Point Brands, Inc.

Accession: 0001437749-26-030820

Filed: 2026-09-21

Period: 2026-09-18

CIK: 0001290677

SIC: 2100 (TOBACCO PRODUCTS)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — tpb20260921_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (ex_1018072.htm)

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0001290677

2026-09-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 18, 2026

Turning Point Brands, Inc.

(Exact Name of Registrant as Specified in its Charter)

Commission File Number: 001-37763

Delaware

20-0709285

(State of Incorporation)

(IRS Employer Identification No.)

5201 Interchange Way, Louisville, KY 40229

(Address of principal executive offices) (zip code)

(502) 778-4421

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

common stock $0.01 par value per share

TPB

NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 21, 2026, Turning Point Brands, Inc. (the “Company”) issued a press release announcing that Graham Purdy has resigned as President and Chief Executive Officer and as a member of the board of directors of the Company (the “Board”) for personal reasons. Mr. Purdy’s resignation will be effective September 30, 2026. His resignation was not related to any disagreement between Mr. Purdy and the Company or the Board.

The Board has appointed David E. Glazek as Chief Executive Officer effective October 1, 2026. Mr. Glazek has served as Executive Chairman of the Company since 2023, and he has served as a director of the Company since 2012.

Mr. Glazek, age 48, also serves as the Chairman of National CineMedia, Inc. (NASDAQ: NCMI) and an Adjunct Professor at Columbia Business School. He previously worked at Lazard Frères & Co. and Standard General LP. He has also worked at the Blackstone Group. Throughout his career, Mr. Glazek has served on numerous public and private company boards of directors and has been deeply involved in the operations of companies in the CPG, Media, Gaming, Retail, and Finance sectors. Mr. Glazek has a BA in Economics and Political Science from The University of Michigan and a JD from Columbia Law School. There is no arrangement or understanding between Mr. Glazek and any other person pursuant to which Mr. Glazek was selected as an officer, and Mr. Glazek does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. There is no family relationship between Mr. Glazek and any director or executive officer of the Company.

Item 7.01 Regulation FD Disclosure.

A copy of the press release announcing the foregoing events is furnished herewith as Exhibit 99.1 and is incorporated in this Item 7.01 by reference.

Item 9.01

Financial Statements and Exhibits

(d) Exhibits.

Exhibit

No.

Description

99.1

Press Release, dated September 21, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Turning Point Brands, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TURNING POINT BRANDS, INC.

Date: September 21, 2026

By:

/s/ Brittani N. Cushman

Brittani N. Cushman

Senior Vice President, General Counsel and Secretary

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: ex_1018072.htm · Sequence: 2

ex_1018072.htm

Exhibit 99.1

Turning Point Brands Announces Executive Leadership Changes

Executive Chairman David E. Glazek Appointed CEO

LOUISVILLE, KY – September 21, 2026 – Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, today announced its Board of Directors has appointed David E. Glazek, currently Executive Chairman, as Chief Executive Officer, effective October 1, 2026. Mr. Glazek succeeds Graham Purdy, who is stepping down as Chief Executive Officer for personal reasons. The departure is not related to any disagreement with the company.

Mr. Glazek commented, “On behalf of the Board, I want to thank Graham for his more than two decades of service to TPB and for his leadership and many contributions during his tenure. Graham has played an important role in the evolution of the company, and we are grateful for his dedication to our employees, customers, and shareholders.”

Mr. Glazek added, “Graham is dealing with personal circumstances that require his immediate attention, and he felt it was in the best interest of our employees and shareholders to make the difficult decision to step down. We wish Graham and his family the best and thank him for his assistance with the transition of his day-to-day responsibilities.”

Mr. Glazek continued, “Turning Point Brands is a great story. It has powerful, iconic brands, an exceptional team, a strong balance sheet, and a transformative opportunity to become a leading player in the rapidly growing white pouch category. I have worked closely with the Board and leadership team for the past 12 years – first, in my capacity as a director, then as Chairman, and more recently as Executive Chairman. I have never been more excited about the long-term potential of the business. I look forward to continuing to work with our talented team to maximize long-term shareholder value.”

Mr. Purdy said, “My more than two decades with TPB, serving in roles of increasing responsibility and ultimately as CEO, have been immensely rewarding. I am incredibly proud of what we have accomplished throughout the years. I am extraordinarily grateful to the many colleagues, customers, and partners I have had the privilege of working with throughout my tenure.”

2026 Outlook

The Company is reaffirming its full-year 2026 Modern Oral gross sales guidance range of $330 million to $350 million and net sales guidance of $260 million to $270 million. The Company is tightening its full-year EBITDA guidance range to $70 million to $80 million from $70 million to $90 million, assuming no margin benefit from onshoring manufacturing until 2027 and prolonged, higher freight costs.

About Turning Point Brands, Inc.

Turning Point Brands, Inc. (NYSE: TPB) is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic brand portfolio, including Zig-Zag®, Stoker’s®, FRE®, and ALP®. TPB’s products are available in more than 220,000 retail outlets in North America and on sites such as www.zigzag.com, www.frepouch.com, and www.alppouch.com. For the latest news and information about TPB and its brands, please visit www.turningpointbrands.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements may generally be identified by the use of words such as "anticipate," "believe," "expect," "intend," "plan" and "will" or, in each case, their negative, or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. As a result, these statements are not guarantees of future performance and actual events may differ materially from those expressed in or suggested by the forward-looking statements. Any forward-looking statement made by TPB in this press release, its reports filed with the Securities and Exchange Commission (the “SEC”) and other public statements made from time-to-time speak only as of the date made. New risks and uncertainties come up from time to time, and it is impossible for TPB to predict or identify all such events or how they may affect it. TPB has no obligation, and does not intend, to update any forward-looking statements after the date hereof, except as required by federal securities laws. Factors that could cause these differences include, but are not limited to, those included in the Company’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and other reports filed by the Company with the SEC. These statements constitute the Company’s cautionary statements under the Private Securities Litigation Reform Act of 1995.

Investor Contacts

Turning Point Brands, Inc.

ir@tpbi.com

Turning Point Brands, Inc. | www.turningpointbrands.com | ir@tpbi.com | 502.774.9238

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