Hickey Glenn F. 4
4 · Callaway Golf Co · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Callaway (CALY) EVP Glenn Hickey Receives RSU Shares; Tax Withholding
What Happened Glenn F. Hickey, EVP & President of Callaway Golf Co., had 10,768 restricted stock units (RSUs) convert into common stock on 2026-02-06. To satisfy tax withholding, the company withheld 6,338 shares at $15.01 each (totaling $95,133), leaving Hickey with a net of approximately 4,430 shares (about $66,495). The RSU conversion is reported as an exercise/conversion of a derivative (code M) with the withholding reported as code F.
Key Details
- Transaction date: February 6, 2026; Filing date (Form 4): February 6, 2026 (timely).
- Vesting/conversion: 10,768 RSU shares converted to common stock (reported at $0.00 per share for the conversion event).
- Tax withholding: 6,338 shares withheld at $15.01 per share = $95,133 (reported as disposed under code F).
- Net shares received by insider: 4,430 shares (approximate market value ~$66,495 at $15.01).
- Footnotes: RSUs were granted Feb 6, 2024 and vest in three equal annual installments beginning Feb 6, 2025; this filing covers the portion that vested on Feb 6, 2026.
- Shares owned following the transaction: not disclosed on this filing.
Context
- This was an RSU vesting event (award conversion), not an open-market buy or sale by the insider. The withholding of shares for taxes is a routine administrative action (cashless tax withholding) and does not necessarily signal a change in insider sentiment.
- Derivative code M indicates conversion/exercise of the RSU into stock; code F indicates shares were surrendered/withheld to cover tax obligations.
Insider Transaction Report
Form 4
Callaway Golf CoCALY
Hickey Glenn F.
EVP & Pres., Callaway Sales
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-06+10,768→ 94,135 total - Tax Payment
Common Stock
[F3]2026-02-06$15.01/sh−6,338$95,133→ 87,797 total - Exercise/Conversion
Restricted Stock Units
[F2][F1][F4][F5]2026-02-06−10,768→ 10,768 total→ Common Stock (10,768 underlying)
Holdings
- 10,000(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Represents the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs").
- [F2]RSUs convert into common stock on a one-for-one basis.
- [F3]Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.
- [F4]The RSUs were granted on February 6, 2024 and vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F5]Represents only the unvested portion of the RSUs granted on February 6, 2024 and does not include other RSUs with different vesting terms.
Signature
/s/ Clinton Foss Attorney-in-Fact for Glenn F. Hickey under a Limited Power of Attorney dated November 30, 2023.|2026-02-06