Scherping Katherine Lee 4

What Happened Katherine Lee Scherping, a director of Turtle Beach Corporation (TBCH), disposed of a total of 20,000 shares in two transactions. On 2026-03-20 she sold 98 shares at $11.50 each for $1,127, and on 2026-03-23 she sold 19,902 shares at an average price of $11.62 each for $231,261 — total proceeds about $232,388. These were sales (not purchases), which are often routine insider liquidity events rather than a direct buy-side signal.

Key Details

• Transaction dates and prices: 3/20/2026 — 98 shares @ $11.50 ($1,127); 3/23/2026 — 19,902 shares @ $11.62 (avg) ($231,261).
• Total shares sold: 20,000; total proceeds: ~$232,388.
• Transaction type: Reported as open-market or private sale (code S).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The 19,902-share sale was executed in multiple transactions at an average price of $11.62; the reporting person offers to provide full per-transaction details upon request (footnote F1).
• Filing date and timeliness: Form filed 2026-03-24 covering trades on 3/20 and 3/23. Form 4s are generally due within two business days of the transaction, so the 3/20 trade may have been reported after the usual two‑day window.

Context Sales by directors can reflect personal liquidity needs or portfolio management and don’t necessarily indicate a change in outlook for the company. Because these were disposals (not purchases, options exercises, or awards), they provide less evidence of insider bullishness. If you want the exact breakdown of the multiple trades referenced in the footnote, the filer has offered to supply that information on request.