secwatch.observer — SEC 8-K summary
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Issuer:     Turning Point Brands, Inc. (TPB)
CIK:        0001290677
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0001140361-24-012800
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPB appoints Andrew Flynn as CFO; Louie Reformina steps down effective March 8
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- Reformina steps down as CFO effective March 8, 2024 to pursue other opportunities; no dispute with company.
- Andrew Flynn appointed CFO, expected start April 1, 2024; formerly CFO at Connected Cannabis Co. and Sr. VP at Juul Labs.
- Flynn employment agreement: $400k base salary, 50% target bonus, severance of 12-24 months' salary plus bonus.
- Reformina eligible for severance: 12 months base salary, average bonus for prior 24 months, and vesting of next tranche of time-based units in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290677/000114036124012800/0001140361-24-012800-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290677/000114036124012800/ef20023900_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-012800

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