Ogunlesi Adebayo O. 4
Research Summary
AI-generated summary
Callaway (CALY) Director Ogunlesi Receives 2,056-Share Award
What Happened
- Adebayo O. Ogunlesi, a Callaway Golf Co. (CALY) director, was issued 2,056 shares on 2026-03-15 as an award/compensation (transaction code A). The reported acquisition price is $0.00 (shares issued in lieu of the cash retainer), so no cash was paid for these shares.
Key Details
- Transaction date: 2026-03-15; Form 4 filed: 2026-03-16 (timely filing).
- Shares acquired: 2,056; reported price per share: $0.00; aggregate cash value reported: $0.
- Ownership after transaction: not specified in the filing for total shares held following this grant.
- Footnotes: F1 — shares issued in lieu of the cash retainer for the quarter ending March 31, 2026. F2 — the filing notes shares held by Raynham I LLC, of which the reporting person and spouse are the sole members (indicates some beneficial ownership may be via that LLC).
- Type of transaction: Award/compensation (not an open-market purchase or sale).
Context
- Grants issued in lieu of cash retainers are routine director compensation and do not necessarily signal the director buying/selling stock for investment reasons. For retail investors, purchases can be a stronger signal of personal conviction; this transaction reflects compensation rather than a market-directed purchase.