{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-037325","form_type":"8-K","ticker":"TPB","cik":"0001290677","company_name":"Turning Point Brands, Inc.","filed_at":"2022-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.030424+00:00","generated_at":"2026-06-23T03:13:47.056187+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Turning Point Brands appoints Graham Purdy as CEO; reports preliminary Q3 results and updated FY2022 outlook","bullets":["Yavor Efremov resigned as CEO and director effective Oct 15, 2022; no disagreement. Graham Purdy (previously COO) appointed CEO and board member.","David Glazek (Chairman) to become Executive Chairman effective January 2023; steps down from Compensation and Nominating committees.","Preliminary Q3 2022 net sales $106-108M, net income $10.5-12M, adjusted EBITDA $23.5-25M.","Full-year 2022 guidance: Zig-Zag Products sales lowered to $186-191M (from $193-200M); Stoker's unchanged $128-132M.","Consolidated adjusted EBITDA guidance narrowed to $96-99M (from $97-103M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-037325","json":"https://secwatch.observer/filing/0001140361-22-037325.json","markdown":"https://secwatch.observer/filing/0001140361-22-037325.md","text":"https://secwatch.observer/filing/0001140361-22-037325.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1290677/000114036122037325/0001140361-22-037325-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1290677/000114036122037325/ny20005571x1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T03:13:47.056187+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3b74ebe6f0","claim":"Graham A. Purdy was appointed as President and Chief Executive Officer at Turning Point Brands, Inc..","evidence_excerpt":"the Board appointed Graham A. Purdy as President and Chief Executive Officer of the Company and as a member of the Board, effective as of October 16, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290677/000114036122037325/0001140361-22-037325-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"55e96a4830","claim":"David Glazek changed role as Executive Chair at Turning Point Brands, Inc..","evidence_excerpt":"David Glazek, Chairman of the Board, will transition to the role of Executive Chair effective January 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290677/000114036122037325/0001140361-22-037325-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"will transition to"},{"label":"Role","value":"Executive Chair"}],"fact_type":"executive_change"},{"claim_id":"a453634a04","claim":"Yavor Efremov resigned as Chief Executive Officer and President at Turning Point Brands, Inc..","evidence_excerpt":"As part of this transition, Mr. Yavor Efremov has resigned as Chief Executive Officer and President and from the Board of Directors (the “ Board ”), effective as of October 15, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1290677/000114036122037325/0001140361-22-037325-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer and President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}