SEGRE LINDA B 4

What Happened
Linda B. Segre, a director of Callaway Golf Co. (CALY), had 18,546 restricted stock units (RSUs) convert into 18,546 shares of common stock on May 29, 2026. The filing shows an exercise/conversion of a derivative (code M) resulting in acquisition of 18,546 shares at $0.00 and a corresponding disposition of 18,546 derivative units at $0.00 — i.e., the RSUs vested and converted into common shares. No cash changed hands per the filing (shares issued upon vesting).

Key Details

• Transaction date: 2026-05-29.
• Transaction type: RSU vesting / conversion of derivative (SEC code M).
• Shares issued: 18,546 common shares issued upon vesting. Price shown: $0.00 (means shares issued as compensation on conversion).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1–F4: These shares represent RSUs that were granted on May 29, 2025, vesting in full on the first anniversary (May 29, 2026). RSUs convert one-for-one into common stock. The footnote limits this disclosure to the RSUs granted on May 29, 2025 and does not include other RSUs with different vesting terms.
• Timeliness: The report was filed the same day as the transaction (no late filing indicated).

Context: This is a routine equity compensation event (RSU vesting) rather than a market purchase or sale. The filing does not show an immediate market sale of the newly issued shares or any tax-withholding sale; it simply documents the conversion of RSUs into common stock. Such issuances are common as part of director compensation and do not by themselves indicate a buy/sell signal.