STOCK TITAN

Turtle Beach (TBCH) CFO exercises RSUs, shares withheld for taxes

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

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.

Positive

  • None.

Negative

  • None.
Insider WEINSWIG MARK
Role Chief Financial Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 6,688 $0.00 --
Exercise Common Stock 6,688 $0.00 --
Tax Withholding Common Stock 2,404 $11.22 $27K
holding Restricted Stock Units -- -- --
Holdings After Transaction: Restricted Stock Units — 73,574 shares (Direct, null); Common Stock — 23,045 shares (Direct, null)
Footnotes (1)
  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. These RSUs vest in equal quarterly installments until February 3, 2029. 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.
RSUs converted 6,688 shares RSUs converted to common stock on May 3, 2026
Tax withholding shares 2,404 shares Shares withheld to satisfy tax obligations on vesting
Tax withholding price $11.22 per share Reported price for withheld common stock shares
Common stock held after 20,641 shares Direct Turtle Beach common stock holdings post-transaction
Remaining RSU underlying shares 7,338 shares Underlying common shares tied to remaining RSUs
RSU exercise price $0.00 per share Exercise price for RSUs converted to common stock
Restricted Stock Units financial
"Restricted stock units ("RSUs") were converted into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares withheld to satisfy tax withholding obligations upon the vesting of RSUs"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"RSUs units representing a contingent right to receive one share of Turtle Beach Corporation common stock or, cash"
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*
WEINSWIG MARK

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/03/2026
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 Stock05/03/2026M6,688A(1)23,045D
Common Stock05/03/2026F(2)2,404D$11.2220,641D
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
Restricted Stock Units(3)05/03/2026M6,688 (4) (4)Common Stock6,688$073,574D
Restricted Stock Units(3) (5) (5)Common Stock7,3387,338D
Explanation of Responses:
1. Restricted stock units ("RSUs") were converted into common stock on a one-for-one basis.
2. Represents shares withheld to satisfy tax withholding obligations upon the vesting of RSUs awarded to the reporting person.
3. 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.
4. These RSUs vest in equal quarterly installments until February 3, 2029.
5. 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.
/s/ Megan Wynne, Attorney-in-fact for Mark Weinswig05/05/2026
** 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 did Turtle Beach (TBCH) CFO Mark Weinswig report in this Form 4?

He reported routine equity compensation activity. RSUs converted into common stock, and some shares were withheld to cover tax obligations, updating his direct holdings in Turtle Beach common shares and RSUs.

How many Turtle Beach shares did the CFO acquire through RSU conversion?

He acquired 6,688 shares of Turtle Beach common stock via RSU conversion. The RSUs converted on a one-for-one basis into common shares at an exercise price of $0.00 per share, reflecting standard equity incentive vesting.

How many Turtle Beach shares were withheld for taxes and at what price?

2,404 shares of Turtle Beach common stock were withheld to satisfy tax withholding obligations. These shares are reported at a price of $11.22 per share, reflecting a non-market tax-withholding disposition rather than an open-market sale.

What are Mark Weinswig’s Turtle Beach holdings after these transactions?

After these transactions, he directly held 20,641 shares of Turtle Beach common stock. He also had RSUs representing 7,338 underlying common shares, which continue to vest over multiple future dates according to their award schedules.

How do Turtle Beach CFO’s RSUs vest over time after this Form 4?

Some RSUs vest in equal quarterly installments until February 3, 2029. Another RSU grant vests with one-quarter on April 1, 2027, and the remaining units vesting in equal annual installments until April 1, 2030, subject to award terms.

Was this Turtle Beach Form 4 a market sale by the CFO?

The filing shows no open-market sale. Instead, it records RSU conversion into common stock and a tax-withholding disposition, where 2,404 shares were withheld to pay taxes, a routine mechanism rather than a discretionary stock sale.