STOCK TITAN

Director at Turtle Beach (TBCH) sells 8,845 shares in open market trades

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Turtle Beach Corp director Katherine Lee Scherping reported open-market sales of 8,845 shares of common stock. She sold 1,845 shares on May 27, 2026 at an average price of $12.82 per share and additional blocks of 5,000 shares at $13.20 and 2,000 shares at $13.25. After these transactions, she directly holds 22,254 shares of Turtle Beach common stock.

Positive

  • None.

Negative

  • None.

Insights

Director executes modest net sale while retaining a sizeable equity stake.

Director Katherine Lee Scherping reported three open-market sales totaling 8,845 shares of Turtle Beach Corp common stock at prices between $12.82 and $13.25 per share. All transactions are non-derivative and classified as open-market sales.

Following these trades, she directly holds 22,254 shares, indicating she retains a meaningful equity position. There are no derivative holdings shown in this filing, and the footnote clarifies that one sale occurred through multiple transactions at an average price of $12.82 per share.

Insider Scherping Katherine Lee
Role null
Sold 8,845 shs ($116K)
Type Security Shares Price Value
Sale Common Stock 2,000 $13.25 $27K
Sale Common Stock 1,845 $12.82 $24K
Sale Common Stock 5,000 $13.20 $66K
Holdings After Transaction: Common Stock — 22,254 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 05/29/2026 2,000 shares at $13.25 Open-market sale of common stock
Shares sold 05/27/2026 (block 1) 5,000 shares at $13.20 Open-market sale of common stock
Shares sold 05/27/2026 (block 2) 1,845 shares at $12.82 Open-market sale, multiple executions, average price
Total shares sold 8,845 shares Net open-market sales reported in this Form 4
Shares owned after transactions 22,254 shares Director’s direct holdings following reported sales
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type: "non-derivative""
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SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/27/2026S1,845D$12.82(1)29,254D
Common Stock05/27/2026S5,000D$13.224,254D
Common Stock05/29/2026S2,000D$13.2522,254D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were sold in multiple transactions at an average price of $12.82. 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. Scherping05/29/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Turtle Beach (TBCH) disclose in this Form 4?

Turtle Beach disclosed that director Katherine Lee Scherping sold 8,845 shares of common stock. The shares were sold in three open-market transactions at prices between $12.82 and $13.25 per share, reducing but not eliminating her direct ownership stake.

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

The director sold a total of 8,845 Turtle Beach common shares. She sold 1,845 shares at $12.82, 5,000 shares at $13.20, and 2,000 shares at $13.25 per share, all classified as open-market sales in the Form 4.

What is Katherine Lee Scherping’s remaining Turtle Beach (TBCH) shareholding after the sales?

After the reported sales, Katherine Lee Scherping directly holds 22,254 Turtle Beach shares. This remaining position indicates she continues to have a significant personal equity interest in the company despite the recent open-market dispositions.

Were the Turtle Beach (TBCH) insider transactions open-market sales or something else?

All reported Turtle Beach transactions were open-market sales of common stock. The Form 4 classifies each as a non-derivative transaction with code “S,” described as a sale in the open market or a private transaction, rather than option exercises or gifts.

Does the Turtle Beach (TBCH) Form 4 mention multiple trade executions for any sale?

Yes, one of the Turtle Beach sales occurred through multiple executions. A footnote explains that shares were sold in several transactions at an average price of $12.82 per share, and detailed trade information is available upon request to the company or regulators.