Rao Varsha Rajendra 4

What Happened

• Rao Varsha Rajendra, a director of Callaway Golf Co (CALY), was issued 1,869 shares on 2026-03-15 as an award/compensation (transaction code A). The shares were recorded at $0.00 in the filing because they were issued in lieu of the cash retainer; total cash value in the filing is $0.

Key Details

• Transaction date: 2026-03-15; Form 4 filed: 2026-03-16.
• Transaction type/code: Award/Grant (A); price per share reported: $0.00.
• Shares involved: 1,869 shares issued to the director.
• Footnote: Shares were issued in lieu of the cash retainer payable under the issuer’s non-employee director compensation program for the quarter ending March 31, 2026 (F1).
• Shares owned after the transaction: not reported in the provided excerpt of the filing.
• Timeliness: Filing appears timely (filed one day after the reported transaction).

Context

• This was a routine compensation issuance to a non-employee director (replacement of a cash retainer), not an open-market purchase or sale. Such awards are standard corporate compensation and do not by themselves indicate insider buying or selling sentiment.