COMPANY RESEARCH
Tilray Brands, Inc.
TLRY · United States · Healthcare
INSIDER SIGNAL
Insider activity score：55.2 / 100
3 insiders · 3 purchase events · $69k net purchases
US #443 · United States #443
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
Cluster+21.0 / 35
How many distinct insiders bought in the cluster
Purchase size+6.3 / 25
Purchase value relative to company size and liquidity
Role+5.0 / 20
The seniority and relevance of participating insiders
Recency+2.9 / 10
How recently the purchases occurred
Conviction+10.0 / 10
How clearly buying stands out from other activity
What is holding the score back?
- ⚠ Buyer breadth is moderate · fewer than 4 distinct filers
- ⚠ Purchase size is modest relative to the model scale
- ⚠ Insider role contributes less on the current role scale
- ⚠ Purchase activity is becoming less recent
The role contribution follows the US model's seniority ladder.
Buying concentration
67%
Largest buyer：Merton Carl A · 46k USD
Gross qualified purchase transaction-line value：69k USD
The headline $ total is net buying for the screen; this module uses gross qualified purchase transaction-line values in the filing currency, so the amounts can differ. The current 15-day buyer-breadth input counts distinct buyers; value concentration is disclosed separately here.
This is a ranking under the current US screening rules—not a probability of gain, return forecast, or buy recommendation.
Key purchase quotes (filing currency)
| Filer | Price per unit | Trade date |
|---|---|---|
| Gendel Mitchell | 4.43 USD | Aug 6, 2026 |
| Merton Carl A | 4.62 USD | Aug 4, 2026 |
| FALTISCHEK DENISE M | 4.78 USD | Aug 3, 2026 |
Model details
Cluster breakdown (does not change the score)
- 15-day buyer breadth (count)
- 3 distinct reported filers
- Peak time window
- 2026-08-03 to 2026-08-06
- Current breadth input
- 0.600 (capped at 4+ buyers)
- Buyer independence
- Not yet measured; related-party fields are not cross-market comparable
What the filings show
- 🟢 Recent eligible purchase
Gendel Mitchell · 11k USD · Price 4.43 USD · Aug 6, 2026 - 🟢 PDMR purchase
Merton Carl A · 46k USD · Price 4.62 USD · Aug 4, 2026 - 🟢 PDMR purchase
FALTISCHEK DENISE M · 12k USD · Price 4.78 USD · Aug 3, 2026 - 🔴 41 other transaction line(s) are not counted as discretionary-buying evidence; 22 have zero price
Insider timeline
3 insiders bought within 4 days, 3 Aug to 6 Aug: 2 Executive, 1 CFO. That week 131 companies across United States disclosed insider purchases, an ordinary week (15 of the last 26).
Tap an item for what it means.
●A purchase: the bigger the dot, the more was bought
Each dot is one insider's purchases on one day. The dot's area follows the amount: the largest purchase here gets the largest dot. Hold the pointer over a dot to see the date and the amount.
▮Purple band: several insiders bought within 15 days
The band marks the stretch with the most different buyers: at most 15 days long and at least two people. Here it is 3 Aug – 6 Aug, with 3 insiders. Only the strongest stretch is marked. Several people deciding the same thing is harder to explain by one person's private reasons, but insiders often buy together just after a closed period ends, so compare it with the grey weekly bars.
▂Grey bars: companies across United States disclosing purchases each week
A taller bar is a week in which more companies disclosed insider purchases. The purple bar is the week of the band above: 131 companies, number 15 of the last 26 weeks. If that week was a peak anyway, buying together is less special than it looks.
This company: insiders buying per month, last 12 months
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
3Aug
Sep
Oct
Darker bars are inside the 180-day window above.
Who traded
| Insider | Role | Purchases | Sales | Bought | First purchase | Share price since |
|---|---|---|---|---|---|---|
| FALTISCHEK DENISE M | Executive | 1 | — | 11.9k USD | 2026-08-03 | — |
| Merton Carl A | CFO | 1 | — | 46.2k USD | 2026-08-04 | — |
| Gendel Mitchell | Executive | 1 | — | 11.1k USD | 2026-08-06 | — |
BULL VS BEAR
Two readings of this buying
The same filings, read two ways. Each line is a fact stored for this company with the number behind it, and appears only when that number crosses a fixed threshold. Neither side is a forecast and no winner is declared.
Where the evidence comes from
Independent evidence does not object: the purchases themselves carry bull lines (several insiders together, more buyers than usual here); short sellers were checked and none crosses a bear threshold. No data is held for: share price and trading, company results, company actions.
- The insider purchases themselvesBullseveral insiders together, more buyers than usual here7 checked, under the threshold · 1 missing
- Share price and tradingno data held
- Short sellers2 checked, under the threshold
- Company results2 missing
- Company actionsno data held
Bull case · the buying is informative
- 3 insiders bought within 15 days (2026-08-03 to 2026-08-06). Several people reaching the same decision at the same time is hard to put down to one person's circumstances.
- No insider bought in the 180 days before this window; 3 have bought in it. The buying is new for this company, not a habit.
Bear case · discount it
Nothing held here argues against the buying. That is not the same as nothing existing: see the missing evidence below.
Evidence still missing
- No buyer here has 5 or more completed earlier purchases on record, so there is no track record to weigh.
- The company's market value is not captured, so the purchases cannot be stated as a share of the business or of its trading volume.
- No earnings, margin or cash-flow figures are captured for this company. The latest annual and interim reports are where to check whether the business is improving or deteriorating.
Checked and under the threshold: 9, 2 close to it
- BearThe largest buyer accounts for 67% of the value bought. Counted for the bear side from 80%. close to the threshold
- EitherThe latest purchase is 74 days old. Bull up to 14 days, bear from 90. close to the threshold
- EitherNet purchases of $69k in 180 days. Bull from $1.0M, bear when all purchases total under $25k.
- BearNo insider sale is recorded in the same 180 days.
- BearNone of the 3 purchase filings ticks Form 4's 10b5-1 box.
- BearOver the last 5 trading days to 2026-10-19, 50% of this stock's off-exchange volume was sold short; over the 60 days before, 45%. The market's median is 50%. This is trading volume, not a position: a market maker who sells short and covers the same day is counted, so about half of all volume is short on an ordinary day. It is shown for comparison and counts for neither side.
- Bull3 of 3 purchase filings state the shares held before and after. The largest addition to an existing holding took it from 129,753 to 139,753 shares (+7.7%). Counted for the bull side from +100%, for the bear side below +1%.
- BearNo insider filing in the last 180 days opened a hedge on this stock.
- BearFINRA short interest on 2026-09-30 equals 5.2 days of average trading volume, down 3.2% from the previous report. Counted for the bear side from 10 days, or from 10% of the shares outstanding.
Both columns arrange stored facts only. They do not change the insider score or the ranking and are not investment advice.
Why this score? · Model details
Priority = 100 × Σ(fixed weight × 0–1 rule-based input)
| Factor | Weight | This company input | Point contribution |
|---|---|---|---|
| 15-day buyer breadth (count) | 35% | 0.600 | 21.0 |
| Qualified-buy size | 25% | 0.252 | 6.3 |
| Role informativeness (inverted) | 20% | 0.750 | 15.0 |
| Recency | 10% | 0.291 | 2.9 |
| Buy/sell conviction | 10% | 1.000 | 10.0 |
This is a heuristic ordering under the current rules, not a calibrated return forecast. It explains why candidates rank differently; the public-filing evidence and data limits are shown below.
Signal history
55.2 / 100
Latest recorded score
→ +0.0 ptssince the first recorded snapshot on 2026-10-19; 0 calendar days observed
- Recorded snapshots
- 1
- First snapshot
- 2026-10-19
There is not yet a 30-calendar-day comparison; earlier scores are not reconstructed. These are raw signal scores saved when each full scoring run completed. They describe changes in research ranking, not price performance or returns.
Why did it change?
Less than 30 days of comparable history is available, so factor movement is not yet decomposed.
Signal score history
Fixed 0–100 scale; dates are spaced by calendar time.
Recent recorded points
- 55.2
View all recorded scores
| Snapshot date | Signal score |
|---|---|
| 2026-10-19 | 55.2 |
Sector context
- Buying breadth
- 4.1% (42 / 1,030 issuers)
- Sector rank
- #8 / 13
This is sector-level research context. It does not affect the Insider Signal or ranking.
Dividends
No cash dividend in the last five years.
Yahoo Finance: cash dividends by ex-dividend date, the latest close, the payout ratio (dividends ÷ 12-month earnings per share) and announced dates; special dividends included, stock dividends and splits not. Not part of any score.
Insider profile outcomes
Historical performance following insider filings. The company role is translated below each name while preserving the original title.
- Excess return = stock return − S&P 500 ETF (SPY adjusted close) return over the same period.
- Hit rate = completed events with positive excess return ÷ total completed events.
- Price coverage = valid point-in-time prices ÷ events mature enough for that period.
- Returns start on the first shared trading session on or after publication.
- Small-sample rule: n<5 is shown for transparency and is not scored.
Events are disclosure-level observations; related disclosures published on the same date may share a return path and may not be statistically independent. This research enrichment does not affect the insider score or ranking.
Insiders' buying price vs the latest close
No daily prices have been captured for this stock yet.
Buying size vs market trading
Complete price and volume history is not yet available.
Market-data coverage: 0 verified sessions · Latest session: — · Ratio status: Unavailable
Traded value is estimated as close × shares traded, in major currency units. Includes disclosed qualifying purchases; disclosures may lag. Contractual or planned acquisitions are not necessarily discretionary. Ratios describe relative trading size, not market participation or score contributions.
Regulatory filings
- Insider filing announcement · published 2026-08-27 · trade date 2026-08-26
- Insider filing announcement · published 2026-08-27 · trade date 2026-08-26
- Insider filing announcement · published 2026-08-27 · trade date 2026-08-26
Unfold all 19 filings
- Insider filing announcement · published 2026-08-27 · trade date 2026-08-26
- Insider filing announcement · published 2026-08-27 · trade date 2026-08-26
- Insider filing announcement · published 2026-08-27 · trade date 2026-08-26
- Insider filing announcement · published 2026-08-27 · trade date 2026-08-26
- Insider filing announcement · published 2026-08-07 · trade date 2026-08-06
- Insider filing announcement · published 2026-08-04 · trade date 2026-08-04
- Insider filing announcement · published 2026-08-04 · trade date 2026-08-03
- Insider filing announcement · published 2026-07-31 · trade date 2026-07-30
- Insider filing announcement · published 2026-07-31 · trade date 2026-07-30
- Insider filing announcement · published 2026-07-31 · trade date 2026-07-30
- Insider filing announcement · published 2026-07-31 · trade date 2026-07-30
- Insider filing announcement · published 2026-07-30 · trade date 2026-07-29
- Insider filing announcement · published 2026-07-30 · trade date 2026-07-29
- Insider filing announcement · published 2026-07-30 · trade date 2026-07-29
- Insider filing announcement · published 2026-07-30 · trade date 2026-07-29
- Insider filing announcement · published 2026-07-30 · trade date 2026-07-29
- Insider filing announcement · published 2026-07-30 · trade date 2026-07-29
- Insider filing announcement · published 2026-04-22 · trade date 2026-04-21
- Insider filing announcement · published 2026-01-08 · trade date 2026-01-07
Results and insider purchases
| Results (8-K) | Bought within 5 sessions | Bought within 20 sessions | Buyers, 20 sessions before |
|---|---|---|---|
| 2026-10-0807:00 ET · before the open | None | None7/20 sessions so far | 0 |
| 2026-07-2816:05 ET · after the closeFirst session 2026-07-29 | 2 · $58.1KMerton Carl A; FALTISCHEK DENISE M | 3 · $69.2KMerton Carl A; FALTISCHEK DENISE M; Gendel Mitchell | 0 |
| 2026-04-0107:00 ET · before the open | None | None | 0 |
| 2026-01-0816:20 ET · after the closeFirst session 2026-01-09 | None | None | 0 |
Results dates are the company's 8-K filings to the SEC under Item 2.02 (results of operations); one filed after the close counts from the next session. Purchases are open-market buys reported on Form 4 (code P), by trade date; a Form 4 can arrive two business days after the trade, so the latest days can still fill in. Facts only; this does not change the score or rank.
Ownership and trading-plan context
| Direct / indirect ownership | Unavailable |
|---|---|
| 10b5-1 filing evidence | Unavailable |
| Evidence retrieved | Unavailable |
These are accession-level filing fields. Unavailable means the evidence was not fetched or parsed; it is never inferred as “No” and does not adjust the US score.
Filing evidence
These are underlying national-feed records from the 365-day window ending on the saved ranking snapshot. The score uses only the latest 180 days; older qualifying equity purchases remain visible for audit but do not enter the current score. The original filer, role, transaction classification, instrument, price, volume, value and source fields are retained. The first three rows are shown; remaining records can be unfolded for audit. Other transaction types are retained but excluded from the score.
Excluded transactions & classification
3 qualifying purchase disclosure(s) · 3 transaction line(s)
Aug 6, 2026Open market purchase
Gendel Mitchell · Global General Counsel
Common Stock · 2500.0 shares × 4.43 USD · 11075.0 USD
Open filingAug 4, 2026Open market purchase
Merton Carl A · Chief Financial Officer
Common Stock · 10000.0 shares × 4.62 USD · 46200.0 USD
Open filingAug 3, 2026Open market purchase
FALTISCHEK DENISE M · Chief Strategy Officer
Common Stock · 2500.0 shares × 4.78 USD · 11950.0 USD
Open filingShowing 3 of 3 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level $ aggregate is separately FX-normalised for research ranking, not a trade-date conversion.
Other disclosed transactions · excluded from score
View 43 other transaction(s)
Jan 7, 2026Exercise of derivative security
Cohen Steven Michael · Director
Common Stock · 12438.0 shares × 8.99 USD · 111817.62000000001 USD
Open filingApr 21, 2026Open market sale
Hopkinson David G. · Director
Common Stock · 33556.0 shares × 6.94 USD · 232878.64 USD
Open filingAug 26, 2026Exercise of derivative security
SIMON IRWIN D · President and CEO
Common Stock · 408605.0 shares × 0.0 USD · 0.0 USD
Open filingUnfold all 40 remaining filing row(s)
| Transaction date | Published | Filer | Role | Transaction | Instrument | Price (local currency) | Quote currency | Volume | Reported value (local currency) | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-26 | 2026-08-27 | SIMON IRWIN D | President and CEO | Shares withheld for tax or exercise price | Common Stock | 4.88 USD | USD | 216561.0 | 1056817.68 USD | Open filing |
| 2026-08-26 | 2026-08-27 | SIMON IRWIN D | President and CEO | Exercise of derivative security | Common Stock | 0.0 USD | USD | 803563.0 | 0.0 USD | Open filing |
| 2026-08-26 | 2026-08-27 | SIMON IRWIN D | President and CEO | Shares withheld for tax or exercise price | Common Stock | 4.88 USD | USD | 425889.0 | 2078338.32 USD | Open filing |
| 2026-08-26 | 2026-08-27 | Merton Carl A | Chief Financial Officer | Exercise of derivative security | Common Stock | 0.0 USD | USD | 57380.0 | 0.0 USD | Open filing |
| 2026-08-26 | 2026-08-27 | Merton Carl A | Chief Financial Officer | Exercise of derivative security | Common Stock | 0.0 USD | USD | 111072.0 | 0.0 USD | Open filing |
| 2026-08-26 | 2026-08-27 | Merton Carl A | Chief Financial Officer | Shares withheld for tax or exercise price | Common Stock | 4.88 USD | USD | 31559.0 | 154007.91999999998 USD | Open filing |
| 2026-08-26 | 2026-08-27 | Merton Carl A | Chief Financial Officer | Shares withheld for tax or exercise price | Common Stock | 4.88 USD | USD | 61090.0 | 298119.2 USD | Open filing |
| 2026-08-26 | 2026-08-27 | Gendel Mitchell | Global General Counsel | Exercise of derivative security | Common Stock | 0.0 USD | USD | 50556.0 | 0.0 USD | Open filing |
| 2026-08-26 | 2026-08-27 | Gendel Mitchell | Global General Counsel | Shares withheld for tax or exercise price | Common Stock | 4.88 USD | USD | 58167.0 | 283854.96 USD | Open filing |
| 2026-08-26 | 2026-08-27 | Gendel Mitchell | Global General Counsel | Exercise of derivative security | Common Stock | 0.0 USD | USD | 109748.0 | 0.0 USD | Open filing |
| 2026-08-26 | 2026-08-27 | Gendel Mitchell | Global General Counsel | Shares withheld for tax or exercise price | Common Stock | 4.88 USD | USD | 26795.0 | 130759.59999999999 USD | Open filing |
| 2026-08-26 | 2026-08-27 | FALTISCHEK DENISE M | Chief Strategy Officer | Shares withheld for tax or exercise price | Common Stock | 4.88 USD | USD | 63610.0 | 310416.8 USD | Open filing |
| 2026-08-26 | 2026-08-27 | FALTISCHEK DENISE M | Chief Strategy Officer | Exercise of derivative security | Common Stock | 0.0 USD | USD | 120017.0 | 0.0 USD | Open filing |
| 2026-08-26 | 2026-08-27 | FALTISCHEK DENISE M | Chief Strategy Officer | Shares withheld for tax or exercise price | Common Stock | 4.88 USD | USD | 30849.0 | 150543.12 USD | Open filing |
| 2026-08-26 | 2026-08-27 | FALTISCHEK DENISE M | Chief Strategy Officer | Exercise of derivative security | Common Stock | 0.0 USD | USD | 58204.0 | 0.0 USD | Open filing |
| 2026-07-30 | 2026-07-31 | SIMON IRWIN D | President and CEO | Shares withheld for tax or exercise price | Common Stock | 4.2 USD | USD | 62353.0 | 261882.6 USD | Open filing |
| 2026-07-30 | 2026-07-31 | SIMON IRWIN D | President and CEO | Exercise of derivative security | Common Stock | 0.0 USD | USD | 117647.0 | 0.0 USD | Open filing |
| 2026-07-30 | 2026-07-31 | Merton Carl A | Chief Financial Officer | Exercise of derivative security | Common Stock | 0.0 USD | USD | 16656.0 | 0.0 USD | Open filing |
| 2026-07-30 | 2026-07-31 | Merton Carl A | Chief Financial Officer | Shares withheld for tax or exercise price | Common Stock | 4.2 USD | USD | 9161.0 | 38476.200000000004 USD | Open filing |
| 2026-07-30 | 2026-07-31 | Gendel Mitchell | Global General Counsel | Shares withheld for tax or exercise price | Common Stock | 4.2 USD | USD | 12921.0 | 54268.200000000004 USD | Open filing |
| 2026-07-30 | 2026-07-31 | Gendel Mitchell | Global General Counsel | Exercise of derivative security | Common Stock | 0.0 USD | USD | 24379.0 | 0.0 USD | Open filing |
| 2026-07-30 | 2026-07-31 | FALTISCHEK DENISE M | Chief Strategy Officer | Shares withheld for tax or exercise price | Common Stock | 4.2 USD | USD | 13844.0 | 58144.8 USD | Open filing |
| 2026-07-30 | 2026-07-31 | FALTISCHEK DENISE M | Chief Strategy Officer | Exercise of derivative security | Common Stock | 0.0 USD | USD | 26120.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-31 | SIMON IRWIN D | President and CEO | Exercise of derivative security | Common Stock | 0.0 USD | USD | 428448.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-31 | SIMON IRWIN D | President and CEO | Shares withheld for tax or exercise price | Common Stock | 3.99 USD | USD | 227078.0 | 906041.2200000001 USD | Open filing |
| 2026-07-29 | 2026-07-31 | Merton Carl A | Chief Financial Officer | Shares withheld for tax or exercise price | Common Stock | 3.99 USD | USD | 30209.0 | 120533.91 USD | Open filing |
| 2026-07-29 | 2026-07-31 | Merton Carl A | Chief Financial Officer | Exercise of derivative security | Common Stock | 0.0 USD | USD | 60417.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-31 | Gendel Mitchell | Global General Counsel | Exercise of derivative security | Common Stock | 0.0 USD | USD | 87440.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-31 | Gendel Mitchell | Global General Counsel | Shares withheld for tax or exercise price | Common Stock | 3.99 USD | USD | 46344.0 | 184912.56 USD | Open filing |
| 2026-07-29 | 2026-07-31 | FALTISCHEK DENISE M | Chief Strategy Officer | Exercise of derivative security | Common Stock | 0.0 USD | USD | 93685.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-31 | FALTISCHEK DENISE M | Chief Strategy Officer | Shares withheld for tax or exercise price | Common Stock | 3.99 USD | USD | 49654.0 | 198119.46000000002 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Persofsky Renah | Director | Exercise of derivative security | Common Stock | 0.0 USD | USD | 43104.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Persofsky Renah | Director | Shares withheld for tax or exercise price | Common Stock | 3.99 USD | USD | 21552.0 | 85992.48000000001 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Looney Thomas P. | Director | Exercise of derivative security | Common Stock | 0.0 USD | USD | 43104.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Herhalt Johann Michael | Director | Exercise of derivative security | Common Stock | 0.0 USD | USD | 43104.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Herhalt Johann Michael | Director | Shares withheld for tax or exercise price | Common Stock | 3.99 USD | USD | 21552.0 | 85992.48000000001 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Cohen Steven Michael | Director | Exercise of derivative security | Common Stock | 0.0 USD | USD | 43104.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Clanachan David F | Director | Exercise of derivative security | Common Stock | 0.0 USD | USD | 43104.0 | 0.0 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Clanachan David F | Director | Shares withheld for tax or exercise price | Common Stock | 3.99 USD | USD | 21552.0 | 85992.48000000001 USD | Open filing |
| 2026-07-29 | 2026-07-30 | Hopkinson David G. | Director | Exercise of derivative security | Common Stock | 0.0 USD | USD | 43104.0 | 0.0 USD | Open filing |
Showing 43 of 43 matching raw-feed row(s) from the current 365-day research window. Prices and reported values remain in the filing currency and its major unit (for example, UK pence are parsed as GBP). The screen-level $ aggregate is separately FX-normalised for research ranking, not a trade-date conversion.
Snapshot & identity
- Snapshot date
- 2026-10-19
- Ticker
- TLRY
- ISIN
- —
- Sector
- Healthcare
- Industry
- —
Company logos by Parqet
Signal outcomes
Calculated from immutable US ranking snapshots; excess return is stock return minus SPY return. Newly saved snapshots remain pending until each forward horizon matures. This never affects the US score.
| Horizon | Status | Result |
|---|---|---|
| 5D | Awaiting maturity | — |
| 20D | Awaiting maturity | — |
| 60D | Awaiting maturity | — |
| 120D | Awaiting maturity | — |
How to read Form 4 transaction codes
| Code | Interpretation | Screen treatment |
|---|---|---|
| P | Open-market / private purchase | Buy evidence when the security is qualifying equity |
| S | Sale | Sell evidence when the security is qualifying equity |
| A | Grant / award | Context only |
| F | Tax-related withholding | Context only |
| M | Option exercise | Context only |
| G | Gift | Context only |
| J / L | Other / non-directional | Context only |
P/S rows for options, warrants, compensation units and debt remain visible for audit but are excluded from equity scores and quotes.