Turtle Beach Corp·4

Apr 3, 4:28 PM ET

WEINSWIG MARK 4

Research Summary

AI-generated summary

Updated

Turtle Beach (TBCH) CFO Mark Weinswig Receives RSU Award

What Happened
Mark Weinswig, Chief Financial Officer of Turtle Beach Corporation (TBCH), received a grant of 7,338 restricted stock units (RSUs) on April 1, 2026. The award was reported as a derivative acquisition (transaction code A) with $0 paid at grant — RSUs represent a contingent right to receive common stock or cash equal to the stock’s fair market value at settlement.

Key Details

  • Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-03 (filed timely under Rule 16b-3).
  • Grant: 7,338 RSUs; reported acquisition price $0.00 (no cash paid).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes in the filing:
    • F1: RSUs may settle in common stock, cash equal to fair market value, or a combination.
    • F2: One-quarter of these RSUs will vest on April 1, 2027, with the remainder vesting in equal annual installments through April 1, 2030.
    • F3: One-quarter of these RSUs vested on February 3, 2026, with the remainder vesting in equal quarterly installments through February 3, 2029. (Both footnotes appear in the filing; review the Form 4 for exact grant/vesting details.)

Context
RSU grants are a common form of executive compensation and do not involve an immediate market purchase or sale; they vest over time and convert to shares or cash upon vesting. Because this is an award (not a purchase or sale), it should be viewed as compensation-related rather than a direct bullish or bearish trading signal.