CLAYBORNE JEFF 4

What Happened Jeff Clayborne, Chief Financial Officer of Newton Golf Company, was granted 251,902 restricted stock units (reported as 251,902 shares @ $0.00) on June 24, 2026. The Form 4 reports the units as an award/grant (code A); no cash was exchanged in this transaction as recorded on the filing.

Key Details

• Transaction date: 2026-06-24; Form 4 filed: 2026-06-26 (appears timely within the typical 2-business-day window).
• Grant reported: 251,902 RSUs, price per share reported as $0.00 (award/grant).
• Vesting: These RSUs vest in three substantially equal installments on June 24, 2027; June 24, 2028; and June 24, 2029, subject to continued service (Footnote F1).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• No 10b5-1 plan, tax-withholding sale, or exercise indicated in this filing.

Context RSUs are restricted stock units that convert into actual shares only when they vest; this grant is a compensation/retention award rather than an open-market buy or sale. The Form 4 reports the award amount but not its market dollar value — the economic value will depend on Newton Golf’s stock price at each vesting date. This filing does not indicate any immediate sale or exercise of shares.