Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-29

Turtle Beach (HEAR)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$2,385,454
Mark Weinswig total, FY2025
Chief Financial Officerhighest-paid officer; CEO Cris Keirn: $2,125,792
40th
CEO (Cris Keirn) pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote

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Companies that benchmark against HEAR
1 company names HEAR as a compensation peer

Each company listed discloses HEAR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named HEAR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Mark Weinswig$347,981$100,000$1,800,009$0$96,133$0$41,331$2,385,454
Chief Financial Officer
Cris Keirn513,46201,333,5480219,214059,5682,125,792
Chief Executive Officer
Megan Wynne366,9230453,396077,038026,300923,657
General Counsel and Secretary
John Hanson238,5190000022,521261,040
Former Chief Financial Officer and Treasurer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Mark Weinswig$2,385,454
Cris Keirn2,125,7922,449,4881,213,482−323,696
Megan Wynne923,657
John Hanson261,0401,171,9181,126,919−910,878

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Megan WynneRSU4,500$63,135
Cris KeirnRSU34,176479,489
Cris KeirnPSU4,08057,242
Cris KeirnRSU19,656275,774
Cris KeirnRSU14,000196,420
Megan WynneRSU12,250171,868
Megan WynnePSU17,429244,529
Megan WynneRSU5,24173,531
Mark WeinswigRSU107,0161,501,434
Cris KeirnPSU51,264719,234
Megan WynnePSU3,57050,087
Cris KeirnPSU14,051197,129
Megan WynnePSU3,74752,569
Megan WynneRSU11,620163,029
Cris KeirnRSU5,25073,658
05

Incentive-plan design — the Compensation Discussion & Analysis

Turtle Beach strives to provide a competitive executive compensation program that rewards the achievement of business objectives and aligns the interests of Named Executive Officers with those of stockholders. The program is guided by a 'pay-for-performance' philosophy, ensuring that a meaningful portion of total direct compensation is variable and at-risk, linked to short-term financial results and long-term stockholder value creation.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantCompensia
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Terry JimenezNot independent · Departed during FY$118,963$157,887$276,850
Katherine L. ScherpingIndependent · Audit · Nominating and Governance · Value Enhancement · Not standing for re-election83,269170,001253,270
William WyattIndependent · Board Chair · Audit · Compensation (Chair) · Value Enhancement75,000170,001245,001
Julia W. SzeIndependent · Compensation · Nominating and Governance (Chair) · Value Enhancement72,500170,001242,501
Andrew WolfeIndependent · Audit71,758170,001241,759
Andrew Wolfe, Ph.DIndependent · Audit · Nominating and Governance · Not standing for re-election71,758170,001241,759
Libby B. BushIndependent · Compensation · Nominating and Governance57,500170,001227,501
L. Gregory BallardNot independent · Departed during FY25,54929,33354,882
Cris KeirnEmployee director0
Dave MuscatelNot independent · Departed during FY000
Lee HaspelIndependent · Audit · Nominating and Governance · Newly elected
Daniela KelleyIndependent · Audit · Newly elected
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$170,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)10,000 / 7,500 / 15,000
Stock ownership guideline$3
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$576,297
Equity awards (grant-date value)$1,207,226
All other compensation$0
Total cost of the board$1,783,523

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Turtle Beach names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Turtle Beach.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1PAR Technology2025Savneet Singh$645,000$12,875,702$0$615,034$14,164,778
2Arlo Technologies2025Matthew McRae790,0005,590,0000963,8007,358,402
3Ooma2026Eric Stang619,5513,852,8000500,0005,028,580
4Digi International2025Ronald Konezny583,8463,454,3240949,1795,002,124
5Aviat Networks2025Peter A. Smith650,0003,111,023003,772,051
6Quantum2026Hugues Meyrath444,2311,313,500002,212,799
7Turtle Beach2025Cris Keirn513,4621,333,5480219,2142,125,792
8KVH Industries2025Brent Bruun538,8100425,840485,1851,461,335
9Lantronix2025Saleel Awsare500,000892,546001,442,375
10GoPro2025Nicholas Woodman202,692569,62300772,315
11AstroNova2025Gregory Woods472,563238,50500761,750

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Turtle Beachnot disclosedPSU 60 · RSU 40not disclosedCompensia
Arlo Technologies122%PSU 100NoPay Governance
AstroNova0%RSU 100Nonot disclosed
Aviat Networksnot disclosedPSU 50 · RSU 50Yes — TSRCompensia
Digi International147%RSU 50 · PSU 50Yes — TSR vs Russell 2000 IndexRadford Consulting (AON)
GoPronot disclosedRSU 60 · PSU 40NoCompensia
KVH Industriesnot disclosedOptions 100not disclosedCompensia
Lantronixnot disclosednot disclosednot disclosedCompensation Strategies
Ooma80%RSU 100not disclosedCompensia Inc.
PAR Technology95.4%RSU 50 · PSU 50Yes — Relative TSR compared to the Information Technology sector of the Russell 2000 Index companiesFW Cook
Quantumnot disclosedRSU 50 · PSU 50not disclosedCompensia

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Turtle Beach in fiscal 2025?
As disclosed, Mark Weinswig, the Chief Financial Officer, was the highest-paid executive at Turtle Beach in fiscal 2025 with total compensation of $2,385,454.
How does Turtle Beach's chief executive pay compare to its disclosed peer group?
The filing shows that Cris Keirn's pay sits at the 40th percentile of the disclosed peer group.
What is Turtle Beach's CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio is not disclosed in this filing.
How did shareholders vote on Turtle Beach's executive compensation?
The latest say-on-pay support vote is not disclosed in this filing.
How much does Turtle Beach spend in total on board compensation for fiscal 2025?
As disclosed, total board compensation for fiscal 2025 was $1,783,523.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Mark WeinswigDEF 14A2026-04-210001193125-26-167148Section “2025 Summary Compensation Table”. As printed: 2,385,454. Filing ↗machine: span 792374–792383
2Section 01, Cris KeirnDEF 14A2026-04-210001193125-26-167148Section “2025 Summary Compensation Table”. As printed: 2,125,792. Filing ↗machine: span 778170–778179
3Section 01, Megan WynneDEF 14A2026-04-210001193125-26-167148Section “2025 Summary Compensation Table”. As printed: 923,657. Filing ↗machine: span 797312–797319
4Section 01, John HansonDEF 14A2026-04-210001193125-26-167148Section “2025 Summary Compensation Table”. As printed: 261,040. Filing ↗machine: span 801938–801945
5Section 08, Terry JimenezDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 276,850. Filing ↗machine: span 1211989–1212032
6Section 08, Katherine L. ScherpingDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 253,270. Filing ↗machine: span 1214814–1214857
7Section 08, William WyattDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 245,001. Filing ↗machine: span 1219199–1219242
8Section 08, Julia W. SzeDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 242,501. Filing ↗machine: span 1216173–1216216
9Section 08, Andrew WolfeDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 241,759. Filing ↗machine: span 1217589–1217632
10Section 08, Andrew Wolfe, Ph.DDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 241,759. Filing ↗machine: span 1217589–1217632
11Section 08, Libby B. BushDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 227,501. Filing ↗machine: span 1210578–1210621
12Section 08, L. Gregory BallardDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 54,882. Filing ↗machine: span 1209219–1209261
13Section 08, Cris KeirnDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 0. Filing ↗
14Section 08, Dave MuscatelDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Lee HaspelDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: —. Filing ↗
16Section 08, Daniela KelleyDEF 14A2026-04-210001193125-26-167148Section “Director Compensation”. As printed: —. Filing ↗
17Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
18Section 09b board cost (computed)ComputedcomputedCash 576,297 + equity 1,207,226 + all other 0 = 1,783,523, summed across the director compensation table rows.machine: formula: Σ = 1,783,523
19PAR Technology, Section 10b CEO totalDEF 14A2026-04-160000708821-26-000048CEO total compensation as printed in PAR Technology's own proxy. As printed: 14,164,778. Filing ↗machine: t104 · r3 · c14 · span 575281–575291
20Arlo Technologies, Section 10b CEO totalDEF 14A2026-04-240001140361-26-016680CEO total compensation as printed in Arlo Technologies's own proxy. As printed: 7,358,402. Filing ↗machine: r2 · c19 · span 935213–935222
21Ooma, Section 10b CEO totalDEF 14A2026-04-150001193125-26-156970CEO total compensation as printed in Ooma's own proxy. As printed: 5,028,580. Filing ↗machine: t17 · r2 · c29 · span 845378–845387
22Digi International, Section 10b CEO totalDEF 14A2025-12-170001104659-25-122033CEO total compensation as printed in Digi International's own proxy. As printed: 5,002,124. Filing ↗machine: r1 · c6 · span 312252–312261
23Aviat Networks, Section 10b CEO totalDEF 14A2025-09-230001140361-25-035861CEO total compensation as printed in Aviat Networks's own proxy. As printed: 3,772,051. Filing ↗machine: t102 · r2 · c21 · span 465516–465525
24Quantum, Section 10b CEO totalDEF 14A2026-07-290001140361-26-030043CEO total compensation as printed in Quantum's own proxy. As printed: 2,212,799. Filing ↗machine: r2 · c19 · span 744341–744350
25Turtle Beach (subject), Section 10b CEO totalDEF 14A2026-04-210001193125-26-167148CEO total compensation as printed in Turtle Beach's own proxy. As printed: 2,125,792. Filing ↗machine: span 778170–778179
26KVH Industries, Section 10b CEO totalDEF 14A2026-04-280001104659-26-050409CEO total compensation as printed in KVH Industries's own proxy. As printed: 1,461,335. Filing ↗machine: r1 · c25 · span 311345–311354
27Lantronix, Section 10b CEO totalDEF 14A2025-09-240001140361-25-036002CEO total compensation as printed in Lantronix's own proxy. As printed: 1,442,375. Filing ↗machine: r2 · c24 · span 472988–472997
28GoPro, Section 10b CEO totalDEF 14A2026-04-210001628280-26-026268CEO total compensation as printed in GoPro's own proxy. As printed: 772,315. Filing ↗machine: r2 · c42 · span 704856–704863
29AstroNova, Section 10b CEO totalDEF 14A2025-05-190001193125-25-122471CEO total compensation as printed in AstroNova's own proxy. As printed: 761,750. Filing ↗machine: r4 · c28 · span 431456–431463
30Section 10a, PAR Technology reciprocityDEF 14A0000708821-26-000048PAR Technology's most recent proxy was read; its disclosed peer group does not include Turtle Beach. Filing ↗
31Section 10a, Digi International reciprocityDEF 14A0001104659-25-122033Digi International's most recent proxy was read; its disclosed peer group does not include Turtle Beach. Filing ↗
32Section 10a, GoPro reciprocityDEF 14A0001628280-26-026268GoPro's most recent proxy was read; its disclosed peer group does not include Turtle Beach. Filing ↗
33Section 10a, Aviat Networks reciprocityDEF 14A0001140361-25-035861Aviat Networks's most recent proxy was read; its disclosed peer group does not include Turtle Beach. Filing ↗
34Section 10a, Lantronix reciprocityDEF 14A0001140361-25-036002Lantronix's most recent proxy was read; its disclosed peer group does not include Turtle Beach. Filing ↗
35Section 10a, Arlo Technologies reciprocityDEF 14A0001140361-26-016680Arlo Technologies's most recent proxy was read; its disclosed peer group does not include Turtle Beach. Filing ↗
36Section 10a, Ooma reciprocityDEF 14A0001193125-26-156970Ooma's most recent proxy was read; its disclosed peer group does not include Turtle Beach. Filing ↗