Gregory H.a. Baxter bought $55K of TPB

bought $54.94k of TPB

14,344 shares @ $3.83

Increased holdings by +35.10%

11th largest trade (out of 20)

Cluster Buy

Trade made by a director

Part of a cluster of 2 transactions by 2 insiders

Insider trade was 89% below market price

Price 28% above 200-day moving average

Small Cap stock — insider trades carry more weight

TPBTurning Point Brands, Inc.

Consumer StaplesTobacco

1D0.00%

1W-1.24%

1M-0.70%

3M+15.06%

6M—

1Y—

Recent insider activity at TPB