Scherping Katherine Lee 4

What Happened

• Katherine Lee Scherping, a director of Turtle Beach Corporation (TBCH), received an award of 16,634 restricted common shares on April 1, 2026. The Form 4 reports an acquisition at $0.00 per share (total reported value $0) under transaction code A (award/grant).

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares granted: 16,634; reported price per share: $0.00; reported aggregate value: $0.
• Vesting note: These are restricted shares that will vest on April 1, 2027 (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• No footnotes indicating a 10b5-1 plan, immediate sale, or tax-withholding sale were included beyond the vesting note.

Context

• This was a restricted stock award (common director/compensation grant), not an open-market purchase or sale. Restricted shares are subject to vesting and typically cannot be sold until vesting conditions are met, so the grant does not reflect an immediate change in market holdings or a liquidity event. Investors often view awards as routine compensation; they should review broader insider holding trends and company disclosures for fuller context.