Scherping Katherine Lee 4

What Happened

• Katherine Lee Scherping, a director of Turtle Beach Corporation (TBCH), sold a total of 8,845 shares in open-market transactions between May 27 and May 29, 2026. The transactions were: 1,845 shares at $12.82 ($23,653), 5,000 shares at $13.20 ($66,000), and 2,000 shares at $13.25 ($26,500), for aggregate proceeds of approximately $116,153. These were outright sales (S), not purchases or option exercises.

Key Details

• Transaction dates and prices:
  • 2026-05-27: 1,845 shares @ $12.82 = $23,653 (sale)
  • 2026-05-27: 5,000 shares @ $13.20 = $66,000 (sale)
  • 2026-05-29: 2,000 shares @ $13.25 = $26,500 (sale)
• Aggregate disposed: 8,845 shares for ~$116,153.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote F1: Indicates the shares were sold in multiple transactions at an average price of $12.82; the reporting person will provide full details about the number of shares in each separate transaction upon request.
• Filing timeliness: Report filed on 2026-05-29 and covers the May 27 and May 29 trades; no indication in the filing excerpt that it was late.

Context

• These are open-market sales by a director. Sales by insiders are common and can reflect routine portfolio management (e.g., diversification or liquidity) and do not by themselves indicate the company’s prospects. Purchases are generally considered a stronger signal of insider confidence than sales.