Welcome to our dedicated page for Callaway Golf Company SEC filings (Ticker: CALY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Callaway Golf Company filings document the company’s results, segment structure, governance and capital actions as a golf equipment, gear and apparel issuer. Recent 8-K reports furnish quarterly and annual earnings releases, outlook updates, share repurchase activity, convertible note settlement, debt repayment and supplemental segment schedules.
The filing record also documents the completed corporate name change from Topgolf Callaway Brands Corp. to Callaway Golf Company through charter and bylaw amendments. Other disclosures cover the realignment into Golf Equipment and Apparel, Gear and Other reportable segments, discontinued operations for Topgolf and Jack Wolfskin, proxy governance matters, executive compensation and shareholder voting information.
Callaway Golf Company has fully repaid the remaining approximately $163 million outstanding under its term loan B facility, after voluntarily prepaying $1 billion of term loan B debt in January 2026. The repayment was funded entirely with cash on hand, simplifying the company’s capital structure.
Immediately after this repayment, Callaway Golf reported approximately $53 million of remaining gross debt, including approximately $44 million under its Japan ABL facility and approximately $9 million of equipment notes and finance leases, along with over $150 million of unrestricted cash and cash equivalents. Management expects lower future cash interest expense and greater financial flexibility, and continues to expect to end the year in a net cash to zero net leverage position.
Callaway Golf Co director Anthony S. Thornley increased his direct share holdings through RSU vesting. On May 29, 2026, 18,546 Restricted Stock Units converted into 18,546 shares of common stock on a one-for-one basis at no cash exercise price, as part of his equity compensation.
The RSUs were originally granted on May 29, 2025 and vested in full on the first anniversary of the grant date. Following this conversion, Thornley directly owns 107,330 shares of Callaway Golf Co common stock. No open-market purchases or sales were reported in this filing.
Callaway Golf Co director Linda B. Segre exercised restricted stock units into common shares as part of her equity compensation. On May 29, 2026, 18,546 RSUs converted into 18,546 shares of common stock on a one-for-one basis, from a grant made on May 29, 2025.
That grant vested in full on its first anniversary. Following the conversion, Segre directly holds 86,015 shares of Callaway Golf common stock, reflecting routine compensation-related equity rather than an open-market purchase or sale.
Callaway Golf Co director Adebayo O. Ogunlesi received 18,546 shares of Common Stock on conversion of previously granted Restricted Stock Units that vested on the first anniversary of their May 29, 2025 grant. Following the vesting, he holds 157,324 shares directly, plus 845,284 shares held jointly with his spouse and 100,000 shares held through Raynham I LLC, all as indirect ownership. No open-market purchases or sales were reported in this filing.
Callaway Golf Co director John F. Lundgren increased his direct stake through equity compensation. On May 29, he acquired 18,546 shares of common stock when an equal number of Restricted Stock Units (RSUs) vested and converted one-for-one into shares at no cost. These RSUs were granted on May 29, 2025 and vested in full on the first anniversary of the grant date. After the vesting and conversion, he directly holds 120,956 shares of Callaway Golf common stock, with no remaining RSUs from this specific grant.
Callaway Golf Co director Bavan Holloway reported the vesting of equity awards rather than an open-market trade. On May 29, 2026, Restricted Stock Units converted into 18,546 shares of common stock on a one-for-one basis. These RSUs were granted on May 29, 2025 and vested in full on their first anniversary. Following the conversion, Holloway holds 41,447 shares of Callaway Golf common stock directly.
Callaway Golf Co director Russell L. Fleischer exercised restricted stock units that vested into 18,546 shares of common stock. These RSUs were granted on May 29, 2025 and vested in full one year later on a one-for-one basis. After this compensation-related share issuance, Fleischer directly holds 154,179 common shares. The filing does not show any open-market sales or purchases, indicating a routine vesting and conversion of equity awards rather than a discretionary trade.
PEP TG Investments LP, an affiliate of Providence Equity Partners, filed an amendment to report a major reduction in its stake in Callaway Golf Company. On May 21, 2026, it sold 11,175,226 shares of common stock at $15.34 per share in a Rule 144 broker-dealer transaction.
After this sale, the reporting persons collectively beneficially own only 130,064 shares of Callaway common stock, all issuable upon exercise of a warrant, representing about 0.07% of the 179,887,627 shares deemed outstanding. As a result, they ceased to be beneficial owners of more than 5% of Callaway’s stock, and this amendment is described as their final, exit filing. PEP TG Investments LP also no longer has a contractual right to nominate a Providence representative to Callaway’s board.
Callaway Golf Company reported results from its 2026 Annual Meeting of Shareholders and related board actions. Thomas G. Dundon and Mark D. Mandel were elected to the Board and each entered into the Company’s standard indemnification agreement for non-employee directors, which covers legal expenses and liabilities arising from service, with expense advances subject to possible reimbursement after final determinations.
Shareholders voted on three proposals. Of the 181,976,071 common shares outstanding as of the record date, 160,373,469 were represented at the meeting. All nominated directors were elected with strong majorities; for example, Mark D. Mandel received 145,294,838 votes for and 594,819 against. Shareholders ratified Deloitte & Touche LLP as independent auditor for the year ending December 31, 2026, with 156,259,310 votes for and 3,553,082 against. On an advisory basis, shareholders also approved executive compensation, with 136,918,067 votes for and 8,942,872 against.
Callaway Golf Co director Varsha Rajendra Rao acquired 18,546 shares of common stock through the vesting of restricted stock units. The RSUs convert into common stock on a one-for-one basis. After this transaction, Rao directly holds 71,717 shares of Callaway Golf Co common stock.
The vested RSUs were originally granted on May 29, 2025 and were scheduled to vest in full on the date of the 2026 Annual Meeting of Shareholders. The filing shows a routine equity compensation event, with no open-market purchases or sales reported.