secwatch.observer — SEC 8-K summary
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Issuer:     Turning Point Brands, Inc. (TPB)
CIK:        0001290677
Form:       8-K
Filed at:   2026-09-21T20:07:08+00:00
Accession:  0001437749-26-030820
Event type: leadership
Sentiment:  neutral
Materiality: 0.80
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Turning Point Brands CEO Purdy resigns; Executive Chairman Glazek named CEO effective Oct 1
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- Graham Purdy resigns as CEO and director effective Sept 30, 2026, for personal reasons; no disagreement with company.
- David E. Glazek, Executive Chairman since 2023, appointed CEO effective Oct 1, 2026; also Chairman of National CineMedia.
- Reaffirms 2026 Modern Oral gross sales guidance of $330-350M and net sales of $260-270M.
- EBITDA guidance tightened to $70-80M from $70-90M, assuming no onshoring margin benefit until 2027 and higher freight costs.
- Glazek has served as director since 2012; previously at Lazard, Standard General, and Blackstone.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1290677/000143774926030820/0001437749-26-030820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1290677/000143774926030820/tpb20260921_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-030820

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer