Turtle Beach Corp·4

Feb 4, 4:48 PM ET

WEINSWIG MARK 4

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Turtle Beach (TBCH) CFO Mark Weinswig Vests RSUs, Withholds Shares

What Happened
Mark Weinswig, Chief Financial Officer of Turtle Beach Corporation, had 26,754 restricted stock units (RSUs convert one-for-one into common shares) vest and convert into common stock on February 3, 2026. To satisfy tax withholding, 10,397 of those shares were withheld at an indicated value of $12.08 per share, totaling $125,596. After withholding, Mr. Weinswig received a net 16,357 shares (26,754 converted minus 10,397 withheld). This was not an open-market sale—the withheld shares are routine tax withholding upon vesting.

Key Details

  • Transaction date: February 3, 2026; Form 4 filed February 4, 2026 (appears timely).
  • RSUs converted: 26,754 shares.
  • Shares withheld for taxes: 10,397 shares at $12.08 per share = $125,596.
  • Net shares delivered to insider: 16,357 shares.
  • Footnotes: RSUs convert one-for-one to common stock (F1); shares withheld satisfy tax withholding (F2); RSUs represent contingent right to receive stock or cash (F3); one-quarter of the RSUs vested Feb 3, 2026, remainder vests quarterly through Feb 3, 2029 (F4).
  • Shares owned after the transaction: not specified in the provided filing data.

Context
This filing reflects RSU vesting and routine share withholding for taxes (a non-market transaction). The Form 4 shows conversion/exercise of derivative RSU awards rather than an open-market purchase or sale. The vesting schedule indicates only a portion vested now (one-quarter), with the balance vesting quarterly through Feb 3, 2029.