Welcome to our dedicated page for Turtle Beach SEC filings (Ticker: TBCH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Turtle Beach Corporation (NASDAQ: TBCH) filings with the U.S. Securities and Exchange Commission. Turtle Beach is a Nevada-incorporated gaming accessories company in the consumer electronics and technology sector, and its SEC reports offer detailed insight into its financial condition, capital structure, and governance.
Among the most relevant documents for TBCH are its current reports on Form 8-K. Recent 8-K filings disclose quarterly earnings press releases, including net revenue, gross profit, net income or loss, and the company’s use of non-GAAP measures such as Adjusted EBITDA. These filings also describe how management defines Adjusted EBITDA and why it is used alongside GAAP results.
Other 8-K reports detail material definitive agreements and financing arrangements, such as the senior secured credit agreement with Bank of America that provides a term loan and revolving credit facility. These filings outline key terms including maturity, collateral, interest rate structures, financial covenants, and permitted uses of proceeds, as well as the refinancing of prior debt arrangements.
Filings also cover equity and governance matters, including stock purchase agreements for share repurchases from existing shareholders, the adoption of a limited duration stockholder rights plan, and board changes such as director resignations. These documents explain how transactions were approved, including the role of independent directors and audit committee review, and describe the structure and purpose of the rights plan.
On Stock Titan, AI-powered tools can summarize lengthy Turtle Beach filings, highlight key terms in credit agreements, and clarify the implications of non-GAAP metrics and rights plans. Users can quickly locate earnings-related reports, financing disclosures, and governance updates, while also tracking how these regulatory documents relate to TBCH’s broader gaming accessories business.
Turtle Beach Corp ownership filing shows The Vanguard Group reports 0 shares beneficially owned, representing 0% of common stock after an internal realignment described in the filing. The filing states certain Vanguard subsidiaries will report separately in reliance on SEC Release No. 34-39538 (January 12, 1998).
The filing is an amendment (Schedule 13G/A) signed by Ashley Grim on 03/27/2026 and lists Vanguard's address and stewardship language about separate reporting. It presents the ownership counts and voting/dispositive powers as all 0.
Turtle Beach Corp director Katherine Lee Scherping sold 20,000 shares of Common Stock in open-market trades. The sales took place on March 20 and March 23, 2026, at prices of $11.50 and an average of $11.62 per share. After these transactions, she directly owns 14,465 shares.
Katherine Scherping filed a Rule 144 notice reporting proposed sales of Common Stock. The filing lists multiple tranches of Restricted Stock dated 04/01/2023 (5,478), 04/01/2024 (9,281), and 04/01/2025 (5,143) linked to the issuer. The filing also reports securities sold in the past three months: 98 Common shares on 03/20/2026 with an associated figure of 1127.00.
Turtle Beach Corp CEO Cris Keirn reported an equity award of 3,974 performance stock units (PSUs). The PSUs, granted on March 12, 2026, represent a contingent right to receive an equal number of Turtle Beach common shares. They were acquired upon achievement of performance criteria tied to a PSU grant originally made on April 1, 2023 under the company’s 2023 incentive plan.
The vesting of these PSUs is based over a three‑year period on revenue growth above a defined market baseline and tiers of adjusted EBITDA as a percentage of net revenue, and they will vest on April 1, 2026 subject to continued employment. The filing also updates Keirn’s holdings, showing direct ownership of 58,135 common shares and several unexercised equity awards, including PSUs, RSUs and stock options with exercise prices of $12.10 and $5.95 per share.
Turtle Beach Corp General Counsel Megan S. Wynne received a grant of 3,478 performance stock units (PSUs) on March 12, 2026 at an exercise price of $0.00. These PSUs relate to an April 1, 2023 grant and vest based on multi‑year revenue and adjusted EBITDA performance, with vesting scheduled on April 1, 2026 subject to continued employment.
The filing also lists existing restricted stock units that vest in annual installments through dates extending to April 1, 2029, and stock options over Turtle Beach common stock with exercise prices of $2.04, $3.12, $12.10, and $5.95 expiring between 2027 and 2030. Wynne additionally holds 61,887 shares of common stock directly.
Turtle Beach Corporation outlines its business, strategy and key risks as a leading global provider of gaming headsets, controllers, PC peripherals and simulation accessories. The company highlights long-standing console headset market leadership, an expanded portfolio across controllers and PC gear, and global distribution through major retailers.
Turtle Beach emphasizes growth via the 2024 acquisition of Performance Designed Products, geographic expansion and continued innovation in premium accessories, including its VelocityOne simulation line. The report also details heavy customer concentration, supply-chain and tariff exposure, seasonality around holiday sales, and dependence on third‑party gaming platforms and flagship game launches.
The company discloses prior material weaknesses in internal control over revenue recognition that were remediated by the end of 2025, while a new IT general controls weakness is being addressed. Additional risks include inflationary pressures, potential recession, activist shareholders, data security and AI‑related technology risks, and reliance on revolving credit and term loan facilities secured by substantially all working capital assets.
Turtle Beach Corporation reported softer 2025 sales but stronger profitability. Full-year net revenue was $319.9 million versus $372.8 million in 2024, while gross margin improved to 37.3%, the highest since 2018, helping deliver net income of $15.7 million and Adjusted EBITDA of $40.1 million.
In the fourth quarter, net revenue was $118.8 million, net income $17.6 million, and Adjusted EBITDA $28.1 million, with gross margin at 40.1%. Management noted results were below guidance due mainly to softness in North American gaming accessories and a weaker holiday environment, but highlighted disciplined cost control, tariff mitigation, and refinancing of debt.
The company repurchased $19.0 million of stock in 2025 and ended the year with net debt of $68.1 million. For 2026, it expects net revenue between $335 million and $355 million and Adjusted EBITDA between $44 million and $48 million, implying growth despite anticipated first-quarter market headwinds.
Turtle Beach Corporation entered into a Cooperation Agreement with the Donerail Group concerning board composition and governance. The Board will expand from six to eight members and add two independent directors selected by the Donerail Group, with terms running until the 2026 annual meeting of stockholders. William Wyatt will be appointed Chairman, and the company will nominate only the current continuing directors and these new directors at the 2026 annual meeting. The agreement includes an option, at Donerail’s request, to add one more independent director with a term expiring at the 2027 annual meeting. Donerail receives replacement-nomination rights tied to maintaining at least 2.0% beneficial ownership, and agrees to voting commitments, non‑disparagement and a broad standstill limiting share accumulation, transfers to large holders, proxy solicitations and public campaigns. The agreement has defined termination triggers, including notice by either party after specified dates, uncured material breach, or the company entering an extraordinary transaction.
Turtle Beach Corporation reported a change in its board of directors. On March 5, 2026, director Terry Jimenez notified the company of his decision to resign from the board, effective March 6, 2026. The board publicly expressed appreciation for his service and contributions.
Hoak-affiliated investors have filed a Schedule 13D on Turtle Beach Corp common stock. Hoak Public Equities, L.P. directly owns 909,055 shares, or about 4.7074% of the outstanding stock, while J. Hale Hoak is reported as beneficial owner of 999,000 shares, or 5.1732%. James M. Hoak, Jr. is deemed to beneficially own 929,055 shares, or 4.8110%. The filing states that the group bought shares using a total of more than $13 million across HPE, the Child’s Trust, the Hoak Foundation, J. Hale Hoak personally, and Dorothy T. Hoak.
The investors believe Turtle Beach shares are “significantly undervalued” at current prices and describe the position as an attractive opportunity. They indicate they may buy more or sell shares depending on market conditions and company performance. The filing also outlines a wide range of potential future actions, including engaging with management and the board on operating performance, capital allocation such as stock buybacks, and governance, while reserving the possibility of broader strategic or corporate structure changes.