Turtle Beach (TBCH) director sells 20,000 shares in open market
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
2 txns
Insider
Scherping Katherine Lee
Role
Director
Sold
20,000 shs ($232K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,902 | $11.62 | $231K |
| Sale | Common Stock | 98 | $11.50 | $1K |
Holdings After Transaction:
Common Stock — 14,465 shares (Direct)
Footnotes (1)
- F1. The shares were sold in multiple transactions at an average price of $11.62. The reporting person undertakes to provide to Turtle Beach Corporation, any security holder of Turtle Beach Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each separate transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Turtle Beach Corp (TBCH) report for Katherine Lee Scherping?
Turtle Beach Corp reported that director Katherine Lee Scherping sold a total of 20,000 shares of Common Stock in open-market transactions. These sales occurred on March 20 and March 23, 2026, and were reported on a Form 4 insider filing.
Were the Turtle Beach (TBCH) insider transactions open-market sales or another type?
Both transactions were reported as open-market sales of Common Stock under transaction code “S.” The Form 4 describes them as sales in the open market or private transaction, with no indication of derivative exercises, gifts, or tax-withholding related dispositions in this filing.
Does the Turtle Beach Corp (TBCH) Form 4 mention derivative securities for the director?
The Form 4 summary shows no derivative transactions for Katherine Lee Scherping in this filing. The derivative section is empty, indicating there were no option exercises, conversions, or other derivative-related trades reported alongside these Common Stock sales on the specified dates.