Insider sales disclosed
Director Katherine Lee Scherping of Turtle Beach Corp (NASDAQ:TBCH) disclosed the sale of shares of the company's common stock in filings with the Securities and Exchange Commission. The filings state she sold a total of 19,902 shares in two transactions, with prices ranging from $11.50 to $11.62 and an aggregate reported value of $232,388.
Transaction details from Form 4
According to a Form 4 filing with the SEC, on March 20, 2026, Scherping sold 98 shares at $11.50 per share. A subsequent Form 4 entry shows that on March 23, 2026, she sold 19,902 shares at an average price of $11.62. The filings list those transactions and the associated prices and amounts.
Post-transaction ownership
Following the reported sales, the disclosure indicates that Scherping directly owns 14,465 shares of Turtle Beach Corp common stock.
Board change
Separately, Turtle Beach Corp announced the resignation of director Terry Jimenez from its board. The company said the resignation was effective on Friday and that Mr. Jimenez had informed the company of his decision the previous day. The board expressed its appreciation for his service and contributions during his tenure.
No further information was provided in the company's announcement regarding the reasons for Mr. Jimenez's departure or any plans to name a successor. The company description of events contains only the effective date and the board's statement of thanks.
Context and limitations
The reporting draws exclusively from the Form 4 filings and the company's announcement regarding the director resignation. The filings provide the sale dates, share counts, prices, total reported dollar amount, and Scherping's remaining direct holdings, while the company notice supplies the effective date of the board departure and the board's expression of gratitude. The public disclosures do not include additional explanation for the director's resignation or further details about any succession plan.