Leposky Mark F 4

What Happened Mark F. Leposky, Executive Vice President and Chief Supply Chain Officer of Callaway Golf Co. (CALY), received a grant of 37,423 restricted stock units (RSUs) on February 24, 2026. The award is reported as a derivative grant (acquisition price $0 for reporting) and represents a contingent right to receive one share of common stock per RSU when vested. This was a compensation award rather than a purchase or sale.

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (timely filing).
• Grant: 37,423 RSUs; acquisition price reported as $0 (derivative award).
• Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant (first vesting on Feb 24, 2027). (Footnotes F1–F3)
• Shares owned after transaction: not specified in this filing.
• Footnotes of note:
  • F1: Each RSU equals a contingent right to one share of common stock.
  • F2: Grant date Feb 24, 2026; vesting is three equal annual installments starting on the first anniversary.
  • F3: The reported amount covers only the RSUs granted on Feb 24, 2026 and excludes other RSUs with different vesting terms.

Context RSU grants are a common form of executive compensation and do not represent an open-market purchase or sale. Because the award vests over time, it creates a future right to shares conditional on continued service (and possibly other conditions if any). This filing reports the grant itself and not an immediate change in market exposure (no cashless exercise or sale was reported).