STOCK TITAN

Director Lee Haspel receives 13,880 restricted Turtle Beach (TBCH) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Haspel Lee reported acquisition or exercise transactions in this Form 4 filing.

Turtle Beach Corp director Lee Haspel received a stock award reported on a Form 4. On April 20, 2026, Haspel was granted 13,880 shares of Turtle Beach common stock at no cash cost as a compensation-related award.

These shares are restricted and will vest on April 1, 2027, meaning they cannot be freely sold until that date. After this grant, Haspel directly owns 13,880 shares of Turtle Beach common stock according to the filing. This is a routine equity grant to a board member rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Haspel Lee
Role null
Type Security Shares Price Value
Grant/Award Common Stock 13,880 $0.00 --
Holdings After Transaction: Common Stock — 13,880 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 13,880 shares Restricted common stock grant to director on April 20, 2026
Grant price $0.00 per share Compensation-related stock award, not market purchase
Post-transaction holdings 13,880 shares Direct ownership after the April 20, 2026 grant
Vesting date April 1, 2027 Restricted shares vest on this date per footnote
restricted shares financial
"These are restricted shares that will vest on April 1, 2027."
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
vest financial
"These are restricted shares that will vest on April 1, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Haspel Lee

(Last)(First)(Middle)
C/O TURTLE BEACH CORPORATION
15822 BERNARDO CENTER DRIVE, SUITE 105

(Street)
SAN DIEGO CALIFORNIA 92127

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Turtle Beach Corp [ TBCH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/20/2026A13,880(1)A$013,880D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These are restricted shares that will vest on April 1, 2027.
/s/ Megan Wynne, Attorney-in-fact for Lee Haspel04/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Turtle Beach (TBCH) report for director Lee Haspel?

Turtle Beach reported that director Lee Haspel received a grant of 13,880 shares of common stock on April 20, 2026. The award was a compensation-related share grant, not an open-market purchase or sale, and was reported on a Form 4 insider filing.

Are the 13,880 Turtle Beach (TBCH) shares granted to Lee Haspel immediately tradable?

No. The 13,880 shares granted to Lee Haspel are restricted stock that will vest on April 1, 2027. Until vesting, they are generally subject to forfeiture and transfer limitations, so they are not freely tradable like fully vested common shares.

What was the price paid for the 13,880 Turtle Beach (TBCH) shares granted to Lee Haspel?

The filing shows the 13,880 common shares were granted at $0.00 per share. This indicates they were awarded as equity compensation, not bought in the market, so Haspel did not pay cash consideration to acquire these restricted shares.

How many Turtle Beach (TBCH) shares does Lee Haspel own after this Form 4 transaction?

After the grant, Lee Haspel directly owns 13,880 shares of Turtle Beach common stock, according to the Form 4. This figure reflects his direct holdings immediately following the April 20, 2026 restricted stock award transaction.

Was the Turtle Beach (TBCH) Form 4 for Lee Haspel a buy or a sale of shares?

The Form 4 reflects an acquisition through a grant or award, coded as a compensation-related transaction, not an open-market buy or sale. The transaction is labeled as a grant or other acquisition of 13,880 restricted common shares at no cash price.