Form 4: William Wyatt of Turtle Beach Corp Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


William Wyatt, a director of Turtle Beach Corp, reports the acquisition and disposal of common stock, resulting in an increased direct and indirect beneficial ownership.

Summary

  • On May 9, 2024, William Wyatt, a director of Turtle Beach Corp, reported transactions involving the company's common stock.
  • Wyatt disposed of 7,295 shares at $0, which were assigned to Harbert Fund Advisors, Inc.
  • He also purchased 12,500 shares at a weighted average price of $16.26, with prices ranging from $16.25 to $16.27.
  • Following these transactions, Wyatt directly owns 58,980 shares and indirectly owns 514,964 shares through The Donerail Group LP.
  • Wyatt disclaims beneficial ownership of the securities owned by the Donerail Fund except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It simply reports facts.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's important for investors to monitor such filings to understand the sentiment and actions of key individuals within the company.

Stakeholder Impact

  • The transactions may influence investor perception of Turtle Beach Corp's stock.

Key Dates

DateDescription
05/09/2024Date of stock transactions (disposal and acquisition).
05/13/2024Date of signature for the report.

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