CEO Graham Purdy was paid $3,011,823 in fiscal year 2025, ↓ down 0.5% from fiscal year 2024 (SEC filing 0001437749-26-009811 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$3,011,823 ↓ Graham Purdy total, FY2025 | — CEO pay percentile vs peers | 39:1 CEO-to-median pay ratio | 97.82% Say-on-pay support, latest vote |
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| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Graham Purdy | $750,000 | $0 | $1,500,001 | $0 | $750,000 | $0 | $11,823 | $3,011,823 |
| President & Chief Executive Officer | ||||||||
| David Glazek | 0 | 0 | 1,975,091 | 0 | 0 | 0 | 0 | 1,975,091 |
| Executive Chairman | ||||||||
| Andrew Flynn | 400,000 | 0 | 400,024 | 0 | 220,000 | 0 | 14,577 | 1,034,601 |
| Senior Vice President & Chief Financial Officer | ||||||||
| Summer Frein | 382,500 | 0 | 382,509 | 0 | 172,125 | 0 | 14,092 | 951,226 |
| Senior Vice President & Chief Growth Officer | ||||||||
| Brittani Cushman | 360,706 | 0 | 360,774 | 0 | 180,353 | 0 | 14,713 | 916,546 |
| Senior Vice President & General Counsel and Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Graham Purdy | $3,011,823 | $3,025,948 | $2,994,622 | ↓ −14,125 |
| David Glazek | 1,975,091 | 1,975,007 | 1,974,995 | ↑ +84 |
| Andrew Flynn | 1,034,601 | 904,021 | — | ↑ +130,580 |
| Summer Frein | 951,226 | 981,765 | — | ↓ −30,539 |
| Brittani Cushman | 916,546 | 926,044 | 907,140 | ↓ −9,498 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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This is the complete answer, not a partial one — the list is never padded.
One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Brittani Cushman | General Counsel | $916,546 |
| David Glazek | Executive Chairman | $1,975,091 |
| Graham Purdy | CEO | $3,011,823 |
| Andrew Flynn | CFO | $1,034,601 |
| Summer Frein | SVP | $951,226 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Ashley Davis Frushone | Lead Independent Director | $210,048 |
| Gregory H. A. Baxter | Independent Director | $163,798 |
| H.C. Charles Diao | Independent Director | $185,048 |
| John A. Catsimatidis Jr | Independent Director | $165,048 |
| Kathleen M. Shanahan | Independent Director | $140,048 |
| Lawrence S. Wexler | Independent Director | $160,048 |
| Rohith Reddy | Independent Director | $170,045 |
| Stephen Usher | Independent Director | $180,048 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Brittani Cushman | PSU | 2025-03-03 | — | 3,077 | — | — | $216,430 |
| Graham Purdy | PSU | 2025-03-03 | — | 8,530 | — | — | 599,988 |
| David Glazek | PSU | 2025-03-03 | — | 5,545 | — | — | 390,003 |
| Graham Purdy | PSU | 2025-03-03 | — | 12,795 | — | — | 900,009 |
| David Glazek | PSU | 2025-03-03 | — | 8,317 | — | — | 585,005 |
| David Glazek | PSU | 2025-03-05 | — | 14,921 | — | — | 1,000,000 |
| Andrew Flynn | PSU | 2025-03-03 | — | 3,412 | — | — | 240,007 |
| Andrew Flynn | PSU | 2025-03-03 | — | 2,275 | — | — | 160,014 |
| Summer Frein | PSU | 2025-03-03 | — | 2,175 | — | — | 152,994 |
| Brittani Cushman | PSU | 2025-03-03 | — | 2,052 | — | — | 144,295 |
| Summer Frein | PSU | 2025-03-03 | — | 3,263 | — | — | 229,504 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Brittani Cushman | $0 | $360,725 | $0 | 100.0% |
| Graham Purdy | 0 | 1,499,997 | 0 | 100.0% |
| David Glazek | 0 | 1,975,008 | 0 | 100.0% |
| Andrew Flynn | 0 | 400,021 | 0 | 100.0% |
| Summer Frein | 0 | 382,498 | 0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Graham Purdy | PSU | 6,500 | — | $704,600 |
| Graham Purdy | PSU | 27,150 | — | 2,943,060 |
| Graham Purdy | RSU | 38,942 | — | 2,730,944 |
| David Glazek | RSU | 30,000 | — | 2,686,367 |
| Brittani Cushman | PSU | 5,835 | — | 632,514 |
| Graham Purdy | PSU | 24,269 | — | 2,630,760 |
| Summer Frein | RSU | 8,673 | — | 610,059 |
| Graham Purdy | RSU | 51,400 | — | 2,333,919 |
| Brittani Cushman | RSU | 30,250 | — | 2,237,677 |
| David Glazek | PSU | 20,465 | — | 2,218,406 |
| David Glazek | PSU | 17,648 | — | 1,913,043 |
| David Glazek | PSU | 15,249 | — | 1,652,992 |
| Graham Purdy | PSU | 14,932 | — | 1,618,629 |
| David Glazek | RSU | 20,454 | — | 1,438,734 |
| Graham Purdy | PSU | 12,795 | — | 1,386,978 |
| Brittani Cushman | RSU | 18,229 | — | 1,273,991 |
| David Glazek | PSU | 9,706 | — | 1,052,130 |
| Graham Purdy | PSU | 8,899 | — | 964,652 |
| Graham Purdy | PSU | 8,530 | — | 924,652 |
| Brittani Cushman | PSU | 2,051 | — | 222,328 |
| David Glazek | PSU | 8,318 | — | 901,671 |
| Summer Frein | PSU | 6,924 | — | 750,562 |
| Andrew Flynn | PSU | 6,594 | — | 714,790 |
| Brittani Cushman | PSU | 6,529 | — | 707,744 |
| David Glazek | PSU | 6,310 | — | 684,004 |
| Summer Frein | PSU | 6,189 | — | 670,888 |
| Brittani Cushman | PSU | 6,000 | — | 650,400 |
| Brittani Cushman | PSU | 4,534 | — | 491,486 |
| Andrew Flynn | PSU | 3,627 | — | 393,167 |
| Brittani Cushman | PSU | 3,592 | — | 389,373 |
| Andrew Flynn | PSU | 3,412 | — | 369,861 |
| Summer Frein | PSU | 3,263 | — | 353,709 |
| Brittani Cushman | PSU | 3,078 | — | 333,655 |
| Andrew Flynn | RSU | 3,516 | — | 247,315 |
| Andrew Flynn | PSU | 2,275 | — | 246,610 |
| Summer Frein | PSU | 2,270 | — | 246,068 |
| Summer Frein | RSU | 3,000 | — | 237,039 |
| Summer Frein | PSU | 2,175 | — | 235,770 |
| Brittani Cushman | PSU | 2,141 | — | 232,084 |
| Brittani Cushman | PSU | 1,798 | — | 194,903 |
| Graham Purdy | PSU | 1,650 | — | 178,860 |
| Brittani Cushman | PSU | 1,650 | — | 178,860 |
| Summer Frein | PSU | 1,263 | — | 136,909 |
| Summer Frein | PSU | 769 | — | 83,360 |
The Company's compensation program is designed to attract, retain, and motivate highly qualified executives by providing competitive total direct compensation that aligns executive interests with those of stockholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-04 | 14,561,464 | 324,126 | 96,167 | 97.82% | Passed |
| 2025 | 2025-05-06 | 11,141,486 | 895,893 | 140,883 | 92.56% | Passed |
| 2024 | 2024-05-01 | 12,814,333 | 446,802 | 120,408 | 96.63% | Passed |
| 2023 | 2023-05-03 | 10,637,880 | 208,049 | 13,625 | 98.08% | Passed |
| 2022 | 2022-04-27 | 11,762,012 | 215,337 | 40,929 | 98.2% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-04 | 97.82%a |
| 2025 | 2025-05-06 | 92.56%b |
| 2024 | 2024-05-01 | 96.63%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 39 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $77,848 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Ashley Davis FrushoneIndependent · Lead Independent Director · Audit · Nominating/Governance | $130,000 | $80,048 | — | — | — | $210,048 |
| H.C. Charles DiaoIndependent · Audit · Nominating/Governance · Compensation | 105,000 | 80,048 | — | — | — | 185,048 |
| Stephen UsherIndependent · Audit · Compensation | 100,000 | 80,048 | — | — | — | 180,048 |
| Rohith ReddyIndependent · Nominating/Governance · Compensation | 89,997 | 80,048 | — | — | — | 170,045 |
| John A. Catsimatidis JrIndependent · Compensation · Nominating/Governance | 85,000 | 80,048 | — | — | — | 165,048 |
| Gregory H. A. BaxterIndependent | 83,750 | 80,048 | — | — | — | 163,798 |
| Lawrence S. WexlerIndependent | 80,000 | 80,048 | — | — | — | 160,048 |
| Kathleen M. ShanahanIndependent · Audit · Nominating/Governance | 60,000 | 80,048 | — | — | — | 140,048 |
| Graham A. PurdyEmployee director | — | — | — | — | — | 0 |
| David E. GlazekEmployee director · Board Chair | — | — | — | — | — | 0 |
| Annual cash retainer | $80,000 |
|---|---|
| Annual equity retainer | $80,048 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 10,000 / 10,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $733,747 |
| Equity awards (grant-date value) | $640,384 |
| All other compensation | $0 |
| Total cost of the board | $1,374,131 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Turning Point Brands | 2025 | Graham Purdy | $750,000 | $1,500,001 | $0 | $750,000 | $3,011,823 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Graham Purdy | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Summary Compensation Table” · page 23. As printed: 3,011,823. Filing ↗machine: span 496348–496357 |
| 2 | Section 01, David Glazek | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Summary Compensation Table” · page 23. As printed: 1,975,091. Filing ↗machine: span 535568–535577 |
| 3 | Section 01, Andrew Flynn | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Summary Compensation Table” · page 23. As printed: 1,034,601. Filing ↗machine: span 510200–510209 |
| 4 | Section 01, Summer Frein | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Summary Compensation Table” · page 23. As printed: 951,226. Filing ↗machine: span 551001–551008 |
| 5 | Section 01, Brittani Cushman | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Summary Compensation Table” · page 23. As printed: 916,546. Filing ↗machine: span 523268–523275 |
| 6 | Section 03, Brittani Cushman PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 635619–635626 |
| 7 | Section 03, Graham Purdy PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 611660–611667 |
| 8 | Section 03, David Glazek PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 654646–654653 |
| 9 | Section 03, Graham Purdy PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 606902–606909 |
| 10 | Section 03, David Glazek PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 649926–649933 |
| 11 | Section 03, David Glazek PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗ |
| 12 | Section 03, Andrew Flynn PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 621257–621264 |
| 13 | Section 03, Andrew Flynn PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 625977–625984 |
| 14 | Section 03, Summer Frein PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 673762–673769 |
| 15 | Section 03, Brittani Cushman PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 640377–640384 |
| 16 | Section 03, Summer Frein PSU | DEF 14A | 1900-01-01 | 0001437749-26-009811 | Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: span 669004–669011 |
| 17 | Section 07, pay ratio | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “CEO Pay Ratio”. As printed: 39 : 1. Filing ↗ |
| 18 | Section 08, Ashley Davis Frushone | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 210,048. Filing ↗machine: span 326436–326443 |
| 19 | Section 08, H.C. Charles Diao | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 185,048. Filing ↗machine: span 324544–324551 |
| 20 | Section 08, Stephen Usher | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 180,048. Filing ↗machine: span 332092–332099 |
| 21 | Section 08, Rohith Reddy | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 170,045. Filing ↗machine: span 328318–328325 |
| 22 | Section 08, John A. Catsimatidis Jr | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 165,048. Filing ↗machine: span 322652–322659 |
| 23 | Section 08, Gregory H. A. Baxter | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 163,798. Filing ↗machine: span 320605–320612 |
| 24 | Section 08, Lawrence S. Wexler | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 160,048. Filing ↗machine: span 333980–333987 |
| 25 | Section 08, Kathleen M. Shanahan | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 140,048. Filing ↗machine: span 330208–330215 |
| 26 | Section 08, Graham A. Purdy | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 27 | Section 08, David E. Glazek | DEF 14A | 2026-03-25 | 0001437749-26-009811 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 28 | Section 06, 2026 vote | Form 8-K | 2026-05-05 | 0001437749-26-014957 | Item 5.07 · say-on-pay result. As reported: 97.82% (votes for as printed: 14,561,464). Filing ↗ |
| 29 | Section 06, 2025 vote | Form 8-K | 2025-05-09 | 0001437749-25-015844 | Item 5.07 · say-on-pay result. As reported: 92.56% (votes for as printed: 11,141,486). Filing ↗ |
| 30 | Section 06, 2024 vote | Form 8-K | 2024-05-06 | 0001140361-24-024537 | Item 5.07 · say-on-pay result. As reported: 96.63% (votes for as printed: 12,814,333). Filing ↗ |
| 31 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 32 | Section 03b vehicle mix (computed) | Computed | — | — | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 33 | Section 09b board cost (computed) | Computed | — | — | Cash 733,747 + equity 640,384 + all other 0 = 1,374,131, summed across the director compensation table rows.machine: formula: Σ = 1,374,131 |
| 34 | Turning Point Brands (subject), Section 10b CEO total | DEF 14A | 2026-03-25 | 0001437749-26-009811 | CEO total compensation as printed in Turning Point Brands's own proxy. As printed: 3,011,823. Filing ↗machine: span 496348–496357 |
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