Turtle Beach (NASDAQ: TBCH) director gains 16,634 restricted shares and reports vested options
Rhea-AI Filing Summary
Turtle Beach Corp director Andrew Wolfe received an equity grant and reported his existing options. On April 1, 2026, he acquired 16,634 shares of Common Stock as a grant at $0.00 per share. These are restricted shares that will vest on April 1, 2027, so he does not receive them fully until that date.
After the grant, Wolfe directly owns 117,093 Common shares. He also holds stock options to buy 16,025 shares at $3.12 per share expiring on April 11, 2028, 4,132 shares at $12.10 expiring on April 1, 2029, and 16,806 shares at $5.95 expiring on April 1, 2030. The options were exercisable as of the transaction date, indicating these positions are already vested compensation rather than new market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,634 shares
Net Buy
4 txns
Insider
Wolfe Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,634 | $0.00 | $0.00 |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 117,093 shares (Direct);
Stock Option (Right to Buy) — 36,963 shares (Direct)
Footnotes (2)
- F1. These are restricted shares that will vest on April 1, 2027.
- F2. These options were exercisable as of the transaction date.
Key Figures
Restricted share grant: 16,634 shares
Shares owned after grant: 117,093 shares
Option position 1: 16,025 shares at $3.12
+3 more
6 metrics
Restricted share grant
16,634 shares
Common Stock grant on April 1, 2026
Shares owned after grant
117,093 shares
Direct Common Stock holdings after April 1, 2026
Option position 1
16,025 shares at $3.12
Stock options expiring April 11, 2028
Option position 2
4,132 shares at $12.10
Stock options expiring April 1, 2029
Option position 3
16,806 shares at $5.95
Stock options expiring April 1, 2030
Vesting date
April 1, 2027
Restricted shares vesting date
Key Terms
restricted shares, vest, Stock Option (Right to Buy), exercise price, +1 more
5 terms
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.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price: 3.1200"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: 2028-04-11T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did Andrew Wolfe report at Turtle Beach Corp (TBCH)?
Andrew Wolfe reported receiving a grant of 16,634 shares of Turtle Beach Common Stock on April 1, 2026. The shares were granted at $0.00 per share as equity compensation, not bought in the market, and increased his direct ownership to 117,093 shares.
What stock options does Andrew Wolfe hold in Turtle Beach (TBCH)?
Andrew Wolfe holds options over 16,025 shares at a $3.12 exercise price expiring April 11, 2028; 4,132 shares at $12.10 expiring April 1, 2029; and 16,806 shares at $5.95 expiring April 1, 2030, all tied to Turtle Beach Common Stock.
Are Andrew Wolfe’s Turtle Beach (TBCH) stock options already exercisable?
Yes, a footnote states the options were exercisable as of the transaction date. This means Wolfe could choose to buy the underlying Turtle Beach shares at the stated exercise prices, subject to his own decisions and any plan or trading restrictions.
Was Andrew Wolfe’s Turtle Beach (TBCH) Form 4 a market purchase or sale?
The Form 4 reports an equity grant coded as a grant or award, not an open-market trade. Wolfe acquired 16,634 Common shares at $0.00 per share as compensation, so it does not represent a market purchase or sale by the director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
