Albert Rabil Increases Stake in Turtle Beach Corporation to 7.23%

On May 28, 2026, Albert Rabil filed a Schedule 13G/A with the SEC, reporting a significant increase in his holdings of Turtle Beach Corporation (TBCH). Rabil now beneficially owns 1,435,000 shares of common stock, representing a 7.23% ownership stake in the company. This filing marks an amendment (Amendment No. 5) to his previous position, which was reported as 0% in the provided metadata, indicating a substantial new accumulation of shares as of the event date on May 27, 2026. The filing specifies that Rabil holds sole voting and dispositive power over all 1,435,000 shares. Notably, Rabil serves as the Chief Executive Officer of Kayne Anderson Capital Advisors, L.P.; however, the firm disclaims beneficial ownership of the shares reported by Mr. Rabil. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. The transaction reflects a total market value of approximately $18.22 million based on the filing details.