Carl A Merton, Chief Financial Officer at Tilray Brands, bought TLRY on Aug 4, 2026

Data as of Oct 16

▲ BUY$46.2K10,000 shares at $4.62Carl A Merton Chief Financial OfficerTLRY Tilray Brands, Inc.

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Traded: Aug 4, 2026
Disclosed: Aug 4, 2026
Filed: The same day

Form 4s are due within two business days.

Official filing (SEC Form 4) ↗

The price around the disclosure

TLRYSimilar stocks (XLV — its sector index fund), rebased to TLRY's price on the disclosure day

TLRY since disclosure

−34.5%

Similar stocks (XLV) since disclosure

+9.0%

XLV — its sector index fund

Change in closing price from Aug 4, 2026 (the first trading day on or after disclosure) to Oct 16, 2026. Dividends excluded. Not a return anyone earned.

Our take

⚪ CFO buys $25K+ of own stock — fired on this trade
Not enough evidence · In past tests: 3.6 percentage points better than similar stocks over 3 months · 2,178 tries
⚪ CFO buys $25K+ of own liquid stock — fired on this trade
Not enough evidence · In past tests: 2.0 percentage points better than similar stocks over 3 months · 1,426 tries

What this rule is doing with TLRY right now

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