Ogunlesi Adebayo O. 4

What Happened

• Ogunlesi Adebayo O., a director of Callaway Golf Co. (CALY), had 18,546 restricted stock units (RSUs) vest on May 29, 2026. Those RSUs converted one-for-one into 18,546 shares of common stock at $0 per share. The filing shows the shares were acquired on conversion and reported as held by Raynham I LLC (an entity for which the reporting person and spouse are the sole members).

Key Details

• Transaction date: 2026-05-29.
• Transaction type/codes: M (exercise/conversion of derivative) — 18,546 shares acquired @ $0.00 and 18,546 shares disposed (derivative) @ $0.00, reflecting conversion/transfer activity.
• Shares after transaction: 18,546 shares are reported as held by Raynham I LLC (per filing footnote).
• Relevant footnotes: RSUs were granted on May 29, 2025 and vested in full on the first anniversary (F4); RSUs convert 1:1 into common stock (F2); reported holding is via Raynham I LLC, of which the reporting person and spouse are sole members (F3). The filing covers only the RSUs granted on May 29, 2025 (F5).
• Timeliness: Reported on the same date as the transaction (filed timely); no 10b5-1 plan, tax-withholding, or sale-for-cashless-exercise indicated.

Context

• This was an RSU vesting/convert event (an award), not an open-market purchase or sale. No cash was paid for the shares; they were issued upon vesting and appear to be held in the reporting person's family LLC. Such award conversions are routine compensation events and do not by themselves indicate a buy or sell signal.