Hickey Glenn F. 4

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.