Callaway (CALY) Director Russell L. Fleischer Receives 1,906 Shares

What Happened

• Russell L. Fleischer, a director of Callaway Golf Co (CALY), was issued 1,906 shares on 2026-09-15. The reported acquisition price is $0.00 (SEC shows $0), because the shares were issued in lieu of the cash retainer payable to him under the company’s non-employee director compensation program.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (timely filing).
• Transaction type: Award/Grant (code A) — 1,906 shares acquired at $0.00 per share.
• Reported value on the form: $0 (shares issued in lieu of cash retainer; actual economic value equals the cash retainer amount but is not specified on the form).
• Shares owned after the transaction: not disclosed in the provided filing details.
• Footnote: Shares issued instead of the cash retainer for the quarter ending September 30, 2026.

Context

• This is a routine director compensation issuance, not an open-market purchase or sale. Issuances in lieu of cash retainers are common for non-employee directors and do not necessarily indicate a change in the director’s view of the company.
• No options were exercised and no sales occurred in this transaction.