Callaway CEO Oliver G. Brewer III Sells 68,874 Shares

What Happened
Oliver G. Brewer III, President, CEO and a director of Callaway Golf Co. (CALY), reported multiple sales of common shares on Aug 6–7, 2026. The filing shows a total of 68,874 shares sold for aggregate proceeds of approximately $1,259,920. Several large blocks on Aug 6 were reported with a weighted average price of $18.30; individual sale prices across all transactions ranged from $17.55 to $18.935.

Key Details

• Transaction type: Sales (Code S) — open market or private sales reported.
• Dates: Aug 6, 2026 (majority of shares) and Aug 7, 2026 (smaller lots).
• Shares sold: 68,874 total (67,474 on Aug 6; 1,400 on Aug 7).
• Proceeds: ~ $1,259,920 total (weighted avg $18.30 reported for some sales).
• Price range: $17.55 to $18.935 per share (per filing footnote).
• Footnote: Sales were of common shares held in various trusts for immediate family members; Brewer is trustee or co-trustee and indicates the transactions were for strategic tax planning.
• Shares owned after the transactions: not specified in the information provided in your summary—refer to the full Form 4 for post-transaction holdings.
• Filing timeliness: Form filed Aug 10, 2026; this is within the typical two business-day Form 4 reporting window for transactions on Aug 6–7, 2026.

Context
These were sales of trust-held shares reported by the CEO in his capacity as trustee; such trust sales for tax planning are common and do not by themselves indicate the insider’s personal market view. For investors seeking further detail (exact share counts at each sale price or post-transaction ownership), consult the full SEC Form 4 (Accession No. 0001072918-26-000009).