Bush Elizabeth Berlacher 4
Research Summary
AI-generated summary
Turtle Beach (TBCH) Director Elizabeth Berlacher Bush Receives Award
What Happened
- Elizabeth Berlacher Bush, a director of Turtle Beach Corp (TBCH), received an award of 16,634 restricted common shares on April 1, 2026. The shares were granted at $0.00 per share (total reported value $0) as an award/grant (transaction code A), and the Form 4 was filed on April 2, 2026.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
- Shares granted: 16,634; acquisition price reported: $0.00; total reported cash value: $0.
- Shares owned after transaction: not specified in the provided report.
- Footnote: These are restricted shares that will vest on April 1, 2027.
- Transaction type: Award/Grant (code A); this is compensation-related, not an open-market purchase or sale.
Context
- Restricted share awards are commonly used as director compensation and typically vest over time; they do not represent an immediate cash investment or sale. Because the shares vest in one year, they are subject to forfeiture until the vesting date and do not necessarily signal a near-term trading intent.