Duke John Francis JR 4
Research Summary
AI-generated summary
Acushnet (GOLF) President Duke John Francis JR Withholds 1,680 Shares for Taxes
What Happened
Duke John Francis JR, President — Golf Gear at Acushnet Holdings Corp. (GOLF), had 1,680.508 shares withheld by the company to satisfy income tax withholding obligations related to the vesting of previously reported restricted stock units. The shares were valued at $99.56 each, for a total withholding of approximately $167,311. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-17; filing date: 2026-02-19 (filed on time)
- Price per share: $99.56; shares withheld/disposed: 1,680.508; total value ≈ $167,311
- Transaction code: F (shares withheld to satisfy tax obligations) — see footnote F1: withholding in connection with RSU vesting
- Shares owned after the transaction: not reported in the details provided in this filing
Context
This was a routine cashless withholding to cover income taxes on vested restricted stock units, not an active sale on the market. Such withholdings are standard and generally do not signal insider buying or selling intent.