ANDERSON ERIK J 4
4 · Callaway Golf Co · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Callaway Golf (CALY) Director Erik J. Anderson Sells Shares
What Happened
Erik J. Anderson, a director of Callaway Golf Co. (CALY), disposed of 70,000 shares in open-market sales across Feb 17–19, 2026. Transactions reported: 40,000 shares on 2026-02-17 at a weighted avg $13.43 for $537,200; 20,000 shares on 2026-02-18 at $13.64 for $272,800; and 10,000 shares on 2026-02-19 at $13.98 for $139,800. Total proceeds from these sales were about $949,800. These were sales (code S) — disposals rather than purchases.
Key Details
- Transaction dates and reported amounts:
- 2026-02-17: 40,000 shares @ $13.43 (weighted avg) — $537,200 (prices in that block ranged $13.20–$13.75; see footnote F1)
- 2026-02-18: 20,000 shares @ $13.64 — $272,800 (prices in that block ranged $13.58–$13.70; see footnote F3)
- 2026-02-19: 10,000 shares @ $13.98 — $139,800
- Shares owned after the transactions: not specified in the filing.
- Filing date: Form 4 filed 2026-02-19 (covers trades on Feb 17–19, 2026).
- Notable footnotes:
- F1/F3: Some reported prices are weighted averages; seller can provide exact per-trade prices within the stated ranges.
- F2: Anderson is sole member/manager of related LLCs (WestRiver Management and Anderson Family Investments) and may be deemed to beneficially own securities held by those entities but disclaims beneficial ownership except to the extent of any pecuniary interest.
Context
These were ordinary open-market sales. Sales by insiders can be for many reasons (portfolio rebalancing, liquidity, taxes) and do not by themselves indicate company performance or insider sentiment. Purchases generally carry more informational weight for investors.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-17$13.43/sh−40,000$537,200→ 720,459 total(indirect: By LLC) - Sale
Common Stock
[F3][F2]2026-02-18$13.64/sh−20,000$272,800→ 700,459 total(indirect: By LLC) - Sale
Common Stock
[F2]2026-02-19$13.98/sh−10,000$139,800→ 690,459 total(indirect: By LLC)
- 20,607
Common Stock
- 40,476(indirect: By LLC)
Common Stock
[F2]
Footnotes (3)
- [F1]The price reported in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.20 to $13.75. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price within this range.
- [F2]The Reporting Person is the sole member and sole manager of WestRiver Management LLC ("WestRiver Management") and the sole manager of Anderson Family Investments, LLC ("AFI"). As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WestRiver Management, and AFI. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
- [F3]The price reported in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.58 to $13.70. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission full information regarding the number of shares sold at each separate price within this range.