Form 4: William Wyatt Reports Changes in Beneficial Ownership of Turtle Beach Corp Shares

William Wyatt, a director of Turtle Beach Corp, reports acquiring 20,936 shares of common stock and adjusting his beneficial ownership following a separation agreement with Donerail Master Fund LP.

Summary

• On December 20, 2024, William Wyatt, a director of Turtle Beach Corp, reported changes in his beneficial ownership of the company's common stock.
• Wyatt acquired 20,936 shares of common stock as a distribution-in-kind from the Donerail Master Fund LP.
• Following this transaction, Wyatt directly owns 99,916 shares of Turtle Beach Corp.
• On November 20, 2024, Wyatt entered into a separation agreement with the Donerail Fund and Harbert Management Corporation, relinquishing beneficial ownership of shares held by the Donerail Fund.
• Wyatt disclaims beneficial ownership of the securities owned by the Donerail Fund as of November 20, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing reflects changes in insider ownership, which is a common occurrence. Investors often monitor these filings for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The change in beneficial ownership may be of interest to shareholders, as it reflects the holdings of a director.

Key Dates