Ogunlesi Adebayo O. 4

What Happened
Adebayo O. Ogunlesi, a director of Callaway Golf Co. (CALY), was granted 8,181 restricted stock units (RSUs) on May 21, 2026. The RSUs were reported as a derivative award at $0 per unit (total reported $0) and represent a contingent right to receive one share of common stock for each RSU upon vesting.

Key Details

• Transaction type/date: Award/grant (code A) on 2026-05-21.
• Amount/price: 8,181 RSUs granted at $0.00 reported price (derivative award).
• Vesting: RSUs vest in full on the first anniversary of the grant (May 21, 2027).
• RSU mechanics: Each RSU converts to one share of common stock upon vesting (footnote F1).
• Scope: Footnote indicates this line item covers only the RSUs granted on May 21, 2026 and excludes RSUs with different vesting terms (F3).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Timeliness: Filing reports the grant on the same date as the period of report (no late filing indicated).

Context
RSU grants are a form of compensation and entitlement to future shares if vesting conditions are met; they are not an immediate cash purchase or sale. Such awards are typically part of director or executive pay and do not, by themselves, signal a buy or sell decision by the insider until shares are delivered or sold after vesting.