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AI brief of an SEC Form 8-K · Turning Point Brands, Inc. (TPB)

Turning Point Brands CEO Graham Purdy resigns; David Glazek named CEO

Negative Impact 4 of 5 leadership Written later

Turning Point Brands CEO Graham Purdy resigned for personal reasons and will also leave the board effective September 30, 2026. The board named Executive Chairman David E. Glazek as CEO effective October 1, 2026. The company reaffirmed its 2026 Modern Oral sales guidance but lowered the top of its EBITDA guidance range, which matters to shareholders because it signals a leadership transition alongside a narrower profit outlook.

Key points

  • Graham Purdy steps down as President and CEO and as a director effective September 30, 2026; the company says the departure is not related to any disagreement.
  • David E. Glazek, Executive Chairman since 2023 and a director since 2012, becomes CEO effective October 1, 2026.
  • 2026 Modern Oral gross sales guidance of $330 million to $350 million and net sales guidance of $260 million to $270 million were reaffirmed.
  • Full-year 2026 EBITDA guidance was tightened to $70 million to $80 million from $70 million to $90 million.

The filing

CompanyTurning Point Brands, Inc. (TPB)
Form8-K, current report
Filed with the SECSep 21, 2026, 4:07 PM ET
Accession number0001437749-26-030820

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.