[Form 4] Turtle Beach Corp Insider Trading Activity
Turtle Beach Corp General Counsel Megan S. Wynne received a grant of 3,478 performance stock units (PSUs) on March 12, 2026 at an exercise price of $0.00.
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Rhea-AI Filing Summary
Turtle Beach Corp General Counsel Megan S. Wynne received a grant of 3,478 performance stock units (PSUs) on March 12, 2026 at an exercise price of $0.00. These PSUs relate to an April 1, 2023 grant and vest based on multi‑year revenue and adjusted EBITDA performance, with vesting scheduled on April 1, 2026 subject to continued employment.
The filing also lists existing restricted stock units that vest in annual installments through dates extending to April 1, 2029, and stock options over Turtle Beach common stock with exercise prices of $2.04, $3.12, $12.10, and $5.95 expiring between 2027 and 2030. Wynne additionally holds 61,887 shares of common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 3,478 | $0.00 | $0.00 |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (9)
- F1. The securities are performance stock units ("PSUs") representing a contingent right to receive one share of Turtle Beach Corporation common stock.
- F2. Acquired upon achievement of certain performance criteria pursuant to one-third of the performance stock units granted April 1, 2023 under the Turtle Beach Corporation Stock Based 2023 Incentive Compensation Plan. The vesting of performance stock units is determined over a three-year period based on (i) the amount by which revenue growth exceeds a defined baseline market growth each year and (ii) the achievement of specified tiers of adjusted EBITDA as a percentage of net revenue each year, with the ability to earn and vest into such units ranging from 0% to 200%. These performance stock units will vest with respect to the underlying shares of Turtle Beach Corporation common stock on April 1, 2026, subject to continued employment through such date.
- F3. These PSUs vest in installments of 1,846 shares on April 1, 2026 and 1,901 shares on April 1, 2027.
- F4. The securities are restricted stock units ("RSUs") representing a contingent right to receive one share of common stock or cash with a value equal to the fair market value of the underlying common stock or a combination thereof.
- F5. These RSUs vest in equal annual installments until April 1, 2026.
- F6. These RSUs vest in equal annual installments until April 1, 2027.
- F7. These RSUs vest in equal annual installments until April 1, 2028.
- F8. One-quarter of these RSUs will vest on April 1, 2026, with the remainder of the RSUs vesting in equal annual installments until April 1, 2029.
- F9. These options were exercisable as of the transaction date.
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