Turtle Beach adopts executive severance policy and sets severance agreement for Megan Wynne
Turtle Beach adopted an Executive Severance Policy on July 28, 2026, covering its CEO and certain other executives, and entered a severance agreement with Megan Wynne on July 29, 2026. The arrangements set out severance terms payable if the executive is terminated without Cause, or in Ms. Wynne's case also if she resigns for Good Reason. The filing does not report any departure, and the terms are administrative compensation arrangements that shareholders should review for their potential cost.
Key points
- Severance Policy adopted July 28, 2026: three months of base salary, up to $3,000 outplacement, and up to three months of COBRA employer premiums, subject to a general release.
- Wynne Severance Agreement dated July 29, 2026: 12 months of base salary in monthly payments, or 1.5 times annual base salary in a lump sum if terminated within six months after a Change in Control.
- Ms. Wynne would also receive a pro-rata annual bonus for the year of termination and up to 12 months of group health plan participation.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.