Callaway Golf Co·4

Feb 6, 7:05 PM ET

Leposky Mark F 4

Research Summary

AI-generated summary

Updated

Callaway (CALY) EVP Mark F. Leposky Receives RSU Shares

What Happened

  • Mark F. Leposky, EVP & Chief Supply Chain Officer of Callaway Golf Co. (CALY), had 10,768 restricted stock units (RSUs) convert into common shares on February 6, 2026. The filing shows 4,251 of those shares were withheld to satisfy tax withholding at $15.01 per share (reported value $63,808), leaving a net issuance to him of 6,517 shares. This was an award/vesting event (not an open-market purchase).

Key Details

  • Transaction date: 2026-02-06
  • Actions reported: M (derivative conversion/RSU conversion) — 10,768 shares; F (tax withholding) — 4,251 shares @ $15.01 per share, $63,808
  • Net shares received: 10,768 vested − 4,251 withheld = 6,517 shares
  • Gross value of vested shares at $15.01/share (approx): $161,628
  • Shares owned after transaction: Not disclosed in the filing
  • Relevant footnotes: RSUs convert one-for-one to common stock; RSUs were granted on Feb 6, 2024 and vest in three equal annual installments beginning on the first anniversary; the withheld shares represent tax withholding
  • Timeliness: Filing covers the 2026-02-06 vesting and was filed with that report date (no late filing indicated)

Context

  • This was a routine RSU vesting and tax-withholding event (derivative conversion and share withholding), common for employee equity awards. The withholding is effectively a cashless way to cover tax liabilities and should not be interpreted as a discretionary open-market sale. The report does not disclose total holdings or indicate any additional buy/sell intent.