CFO of Turtle Beach (TBCH) withholds vested shares to pay taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Turtle Beach Corp’s Chief Financial Officer Mark Weinswig reported routine equity compensation activity. On February 3, 2026, 26,754 restricted stock units converted into the same number of common shares at an exercise price of $0. To cover tax withholding on the RSU vesting, 10,397 common shares were withheld at $12.08 per share. After these transactions, Weinswig directly owned 16,357 shares of common stock and 80,262 RSUs, with the remaining RSUs scheduled to vest in equal quarterly installments through February 3, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
26,754 shares exercised/converted
Mixed
3 txns
Insider
WEINSWIG MARK
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 26,754 | $0.00 | -- |
| Exercise | Common Stock | 26,754 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,397 | $12.08 | $126K |
Holdings After Transaction:
Restricted Stock Units — 80,262 shares (Direct);
Common Stock — 26,754 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSUs") were converted into common stock on a one-for-one basis. Represents shares withheld to satisfy tax withholding obligations upon the vesting of RSUs awarded to the reporting person. The securities are RSUs units representing a contingent right to receive one share of Turtle Beach Corporation common stock or, cash with a value equal to the fair market value of the underlying common stock or, a combination thereof. One-quarter of these RSUs vested on February 3, 2026, with the remainder of the RSUs vesting in equal quarterly installments until February 3, 2029.
FAQ
What insider transaction did Turtle Beach (TBCH) report for its CFO?
Turtle Beach’s CFO Mark Weinswig reported RSU vesting and related tax withholding. 26,754 RSUs converted into common stock, and 10,397 shares were withheld at $12.08 per share to satisfy tax obligations associated with the vesting.
How many Turtle Beach (TBCH) RSUs vested for the CFO on February 3, 2026?
On February 3, 2026, 26,754 restricted stock units held by Turtle Beach CFO Mark Weinswig vested and were converted into the same number of common shares at an exercise price of $0, reflecting standard equity compensation terms.
What is the CFO’s Turtle Beach (TBCH) ownership after the reported transactions?
After the reported transactions, CFO Mark Weinswig directly owned 16,357 shares of Turtle Beach common stock and 80,262 restricted stock units. These RSUs represent rights to receive common shares or cash equivalents, subject to future vesting through February 3, 2029.
How will the remaining Turtle Beach (TBCH) RSUs vest for the CFO?
One-quarter of the RSUs vested on February 3, 2026, and the remainder will vest in equal quarterly installments until February 3, 2029. Each RSU represents a contingent right to one share of common stock, cash of equal value, or a combination.