Albert Rabil discloses 1.24M-share Turtle Beach (TBCH) position on amended 13G
Rhea-AI Filing Summary
Albert Rabil reports beneficial ownership of Turtle Beach Corporation common stock on an amended Schedule 13G. He reports beneficially owning 1,235,000 shares of common stock, representing 6.22% of the class. He has sole voting and sole dispositive power over all 1,235,000 shares and no shared voting or dispositive power.
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Key Figures
Shares beneficially owned: 1,235,000 shares
Percent of class: 6.22%
Sole voting power: 1,235,000 shares
+3 more
6 metrics
Shares beneficially owned
1,235,000 shares
Amount beneficially owned by Albert Rabil
Percent of class
6.22%
Reported percentage of Turtle Beach common stock class held by Albert Rabil
Sole voting power
1,235,000 shares
Shares over which Albert Rabil has sole power to vote or direct the vote
Shared voting power
0 shares
Shares over which Albert Rabil has shared power to vote or direct the vote
Sole dispositive power
1,235,000 shares
Shares over which Albert Rabil has sole power to dispose or direct disposition
Shared dispositive power
0 shares
Shares over which Albert Rabil has shared power to dispose or direct disposition
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Percent of class, +1 more
5 terms
beneficially owned financial
"Amount beneficially owned: Albert Rabil 1,235,000"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 1,235,000.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 1,235,000.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Percent of class financial
"(b) | Percent of class: 6.22%"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Schedule 13G regulatory
"Amendment No. 6 to Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Turtle Beach Corporation (TBCH) does Albert Rabil report owning?
Albert Rabil reports beneficial ownership of 6.22% of Turtle Beach Corporation’s common stock. This percentage is based on his reported holdings of 1,235,000 shares as disclosed in the amended Schedule 13G filing.
What class of Turtle Beach (TBCH) securities does Albert Rabil hold?
Albert Rabil’s reported holdings are in COMMON STOCK of Turtle Beach Corporation. The filing identifies the title of the class of securities as common stock, with the CUSIP number listed as 900450206.
What form did Albert Rabil file regarding his Turtle Beach (TBCH) ownership?
Albert Rabil filed an Amendment No. 6 to Schedule 13G regarding his beneficial ownership of Turtle Beach Corporation common stock. Schedule 13G is used to report certain passive ownership positions exceeding 5% of a class.
Where is Turtle Beach Corporation (TBCH) headquartered according to this filing?
Turtle Beach Corporation’s principal executive offices are listed as 44 South Broadway, 4th Floor, White Plains, NY 10601. This address is provided in the issuer information section alongside the company name and security details.