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Consumer & Retail

Turning Point Brands Executive Compensation (FY25)

TPB · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Graham Purdy
Latest say-on-pay support
=
May 4, 2026
Chief executive pay ratio
◇
To the median employee
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8 filings cited on this page
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268 figures on this page: 263 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Graham Purdy: $3,025,948 → $3,011,823 (0.5% lower)
Say-on-pay support: 92.6% → 97.8% (5.2 points higher)
CEO pay ratio: 47:1 → 39:1 (17.0% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Turning Point Brands' chief executive and what were they paid?
Total compensation for Graham Purdy, President & Chief Executive Officer, came to $3,011,823 in fiscal 2025. Purdy's total was 0.5% lower than the $3,025,948 reported for fiscal 2024.
What was Turning Point Brands' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.8% of votes cast for or against in favor at the meeting held May 4, 2026.
What is Turning Point Brands' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 39:1, against median employee compensation of $77,848.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Graham Purdy
President & Chief Executive Officer
◇—◇◇◇—◇◇
Brittani Cushman
Senior Vice President & General Counsel and Secretary
◇—◇◇◇—◇◇
Luis Reformina
Former Senior Vice President & Chief Financial Officer
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Graham Purdy
President & Chief Executive Officer
◇—◇—◇—◇◇
David Glazek
Executive Chairman
——◇◇———◇
Brittani Cushman
Senior Vice President & General Counsel and Secretary
◇—◇—◇—◇◇
Luis Reformina
Former Senior Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Graham Purdy
President & Chief Executive Officer
◇—◇—◇—◇◇
David Glazek
Executive Chairman
——◇◇———◇
Summer Frein
Senior Vice President & Chief Revenue Officer
◇—◇—◇—◇◇
Brittani Cushman
Senior Vice President & General Counsel and Secretary
◇—◇—◇—◇◇
Andrew Flynn
Senior Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Luis Reformina
Former Senior Vice President & Chief Financial Officer
Departed during or after this year
◇—————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Graham Purdy
President & Chief Executive Officer
◇—◇—◇—◇◇
David Glazek
Executive Chairman
——◇————◇
Andrew Flynn
Senior Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Summer Frein
Senior Vice President & Chief Growth Officer
◇—◇—◇—◇◇
Brittani Cushman
Senior Vice President & General Counsel and Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andrew FlynnPSU◇—◇———◇
Andrew FlynnPSU◇—◇———◇
Brittani N. CushmanPSU◇—◇———◇
Brittani N. CushmanPSU◇—◇———◇
David E. GlazekPSU◇—◇———◇
David E. GlazekPSU◇—◇———◇
David E. GlazekPSU◇—◇———◇
Graham A. PurdyPSU◇—◇———◇
Graham A. PurdyPSU◇—◇———◇
Summer FreinPSU◇—◇———◇
Summer FreinPSU◇—◇———◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Graham PurdyRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Brittani CushmanRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
David GlazekRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Summer FreinRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Andrew FlynnPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Andrew Flynn
Senior Vice President & Chief Financial Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Brittani Cushman
Senior Vice President & General Counsel and Secretary · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Graham Purdy
President & Chief Executive Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ashley Davis Frushone
Lead independent director
◇◇————◇
H.C. Charles Diao
◇◇————◇
Stephen Usher
◇◇————◇
Rohith Reddy
◇◇————◇
John A. Catsimatidis Jr
◇◇————◇
Gregory H. A. Baxter
◇◇————◇
Lawrence S. Wexler
◇◇————◇
Kathleen M. Shanahan
◇◇————◇
David E. Glazek and Graham A. Purdy served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 4, 2026=◇◇◇
2024May 6, 2025=◇◇◇
2023May 1, 2024=◇◇◇
2022May 3, 2023=◇◇◇
2021April 27, 2022=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Graham Purdy (President & Chief Executive Officer), FY2025 total compensation $3,011,823 (base salary $750,000) [exec_comp, SEC accession 0001437749-26-009811, filed 2026-03-25]

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What this page does not include

Everything above is a fact Turning Point Brands disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
268 figures on this page: 263 cited to the filing that reported them, 5 calculated from figures it prints.
263 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001437749-26-014957
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001437749-26-009811
    Compensation of Directors · Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End · Potential Payments Upon Termination · and 1 more section
  3. 0001437749-25-015844
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001437749-25-009904
    Summary Compensation Table
  5. 0001140361-24-024537
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-014833
    Summary Compensation Table
  7. 0001140361-23-023230
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-22-017287
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Turning Point Brands executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/TPB (accessed 2026).
Short form: data: Velarion

The Turning Point Brands brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $900.
8 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}