Turtle Beach CFO exercises RSUs, covers taxes
Turtle Beach Corp Chief Financial Officer Mark Weinswig reported routine equity compensation activity involving restricted stock units (RSUs) and common stock.
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Rhea-AI Filing Summary
Turtle Beach Corp Chief Financial Officer Mark Weinswig reported routine equity compensation activity involving restricted stock units (RSUs) and common stock. On May 3, 2026, RSUs were converted into 6,688 shares of common stock on a one-for-one basis, reflecting a standard derivative exercise at an exercise price of $0.00 per share.
Of the shares tied to this vesting, 2,404 common shares at $11.22 per share were withheld to satisfy tax withholding obligations, a non-market disposition. Following these transactions, Weinswig directly held 20,641 shares of common stock and 7,338 underlying shares associated with RSUs that continue to vest over time under previously granted awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,688 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,688 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,404 | $11.22 | $27K |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (5)
- F1. Restricted stock units ("RSUs") were converted into common stock on a one-for-one basis.
- F2. Represents shares withheld to satisfy tax withholding obligations upon the vesting of RSUs awarded to the reporting person.
- F3. 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.
- F4. These RSUs vest in equal quarterly installments until February 3, 2029.
- F5. One-quarter of these RSUs will vest on April 1, 2027, with the remainder of the RSUs vesting in equal annual installments until April 1, 2030.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
derivative security financial
contingent right financial
FAQ
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What did Turtle Beach (TBCH) CFO Mark Weinswig report in this Form 4?
What are Mark Weinswig’s Turtle Beach holdings after these transactions?
How do Turtle Beach CFO’s RSUs vest over time after this Form 4?
Was this Turtle Beach Form 4 a market sale by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.