Hickey Glenn F. 4

What Happened

• Glenn F. Hickey, Executive Vice President and President, Callaway Sales, received a grant of 37,423 restricted stock units (RSUs) on February 24, 2026. The RSUs were awarded at a $0.00 per-share acquisition price (no cash paid) and are recorded as a derivative award on the Form 4.

Key Details

• Transaction date: February 24, 2026; Grant type: Award/Grant (code A).
• Shares/units granted: 37,423 RSUs; reported acquisition price: $0.00 (no immediate cash transaction).
• Vesting: The RSUs vest in three equal annual installments beginning on the first anniversary of the grant (see footnote F2).
• Footnotes: F1 clarifies each RSU equals a contingent right to one share; F3 notes this line item covers only the RSUs granted on Feb 24, 2026 and not other awards with different vesting.
• Shares owned after the transaction: Not specified in the provided Form 4.
• Timeliness: Form 4 was filed Feb 26, 2026 for a Feb 24, 2026 grant (filed within the normal 2‑business‑day reporting window).

Context

• This is an equity compensation grant (not a market purchase or sale). RSU grants are common for executive compensation and represent a future entitlement to shares subject to vesting conditions. There is no immediate sale or cash proceeds associated with this transaction.