What does the Form 4 footnote say about the Turtle Beach (TBCH) share sale pricing?

The footnote explains that the March 23, 2026 sale was completed in multiple transactions at an average price of $11.62 per share. It also states the reporting person will provide full trade-by-trade details upon request to the company, security holders, or SEC staff.

Turtle Beach (TBCH) director sells 20,000 shares in open market

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

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.

Insider Trade Summary

Net Seller: 20,000 shares ($232,388)

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)

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Form 4 Insider Transactions: What Each Field Means →

03/24/2026 - 07:03 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Scherping Katherine Lee

(Last)

(First)

(Middle)

C/O TURTLE BEACH CORPORATION

15822 BERNARDO CENTER DRIVE, SUITE 105

(Street)

SAN DIEGO

CALIFORNIA

92127

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Turtle Beach Corp [ TBCH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/20/2026		S		98	D	$11.5	34,367	D
Common Stock	03/23/2026		S		19,902	D	$11.62⁽¹⁾	14,465	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

	/s/ Megan S. Wynne, attorney-in-fact for Katherine L. Scherping	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

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.

How many Turtle Beach (TBCH) shares did the director sell and at what prices?

Katherine Lee Scherping sold 20,000 Turtle Beach Common Stock shares. She sold 98 shares at $11.50 per share on March 20, 2026, and 19,902 shares at an average price of $11.62 per share on March 23, 2026, through multiple transactions.

How many Turtle Beach Corp (TBCH) shares does the director still hold after the sales?

Following these open-market sales, Katherine Lee Scherping directly holds 14,465 shares of Turtle Beach Corp Common Stock. This figure is disclosed in the Form 4 as her total direct ownership immediately after the March 23, 2026 transaction reported in the 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.