Yoon Yoon Soo (Gene) 4
Research Summary
AI-generated summary
Acushnet (GOLF) 10% Owner Gene Yoon Receives Award of 60.97 Shares
What Happened
- Gene Yoon (reported as a 10% owner) was credited with a grant/award of 60.97 shares of Acushnet Holdings Corp. (GOLF) on March 20, 2026. The reported per-share value is $89.33, for a total reported value of $5,446. This was recorded on the Form 4 as an acquisition (code A).
- This transaction represents dividend-equivalent rights credited on restricted stock units deferred under Acushnet’s deferred compensation plan — not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-20; Form filed: 2026-03-24 (filed within the normal 2-business-day reporting window).
- Amount: 60.97 shares at $89.33 per share; total value reported $5,446.
- Transaction type: A = Award/Grant (dividend equivalents on deferred RSUs).
- Shares owned after the transaction: not specified in the filing.
- Footnotes of note:
- F1: These are dividend equivalent rights tied to the issuer’s quarterly dividend and accrued on RSUs deferred under the issuer’s deferred compensation plan.
- F2: Some shares are held by Magnus Holdings Co., Ltd., a subsidiary of Misto Holdings Corp.; the reporting person is Honorary Chairman of Misto and may be deemed to have voting/dispositive power over those shares but disclaims beneficial ownership except for pecuniary interest.
Context
- This is a routine award (dividend equivalents on deferred RSUs), which is different from an open-market buy or a sale and does not necessarily signal a change in insider sentiment.
- As a reported 10% owner and Honorary Chairman with related entity holdings, some ownership is indirect and subject to the disclaimers noted in the filing.