Callaway Golf (CALY) EVP details common stock and RSU positions

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Callaway Golf executive Timothy R. Reed filed an initial ownership report showing his existing equity stake in the company. The filing lists holdings of common stock and several blocks of restricted stock units, each RSU representing a contingent right to receive one share of common stock.

Footnotes explain that RSU grants were made on February 6, 2024, March 14, 2025, August 26, 2025, and February 24, 2026, with vesting on specific future dates or in equal annual installments. The common stock line shows 161,276 shares held directly following the reported positions, reflecting his established ownership rather than a new purchase or sale.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Reed Timothy R.

Role EVP, R&D and Tour

Type	Security	Shares	Price	Value
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 5,384 shares (Direct); Common Stock — 161,276 shares (Direct)

Footnotes (1)

Each Restricted Stock Unit ("RSUs") represents a contingent right to receive one share of common stock. The RSUs were granted on February 6, 2024 and vest on February 6, 2027. The RSUs were granted on March 14, 2025 and vest in three equal annual installments beginning on the first anniversary of the grant date. The RSUs were granted on August 26, 2025 and vest on the first anniversary of the grant date. The RSUs were granted on February 24, 2026 and vest in three equal annual installments beginning on the first anniversary of the grant date.

Understanding Insider Trading Forms →

02/26/2026 - 05:23 PM

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Reed Timothy R.

(Last)

(First)

(Middle)

2180 RUTHERFORD ROAD

(Street)

CARLSBAD

92008

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/25/2026

3. Issuer Name and Ticker or Trading Symbol
Callaway Golf Co [ CALY ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, R&D and Tour

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	161,276	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Stock Units⁽¹⁾	⁽²⁾	⁽²⁾	Common Stock	5,384	$0	D
Restricted Stock Units⁽¹⁾	⁽³⁾	⁽³⁾	Common Stock	34,091	$0	D
Restricted Stock Units⁽¹⁾	⁽⁴⁾	⁽⁴⁾	Common Stock	12,988	$0	D
Restricted Stock Units⁽¹⁾	⁽⁵⁾	⁽⁵⁾	Common Stock	31,186	$0	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSUs") represents a contingent right to receive one share of common stock.

2. The RSUs were granted on February 6, 2024 and vest on February 6, 2027.

3. The RSUs were granted on March 14, 2025 and vest in three equal annual installments beginning on the first anniversary of the grant date.

4. The RSUs were granted on August 26, 2025 and vest on the first anniversary of the grant date.

5. The RSUs were granted on February 24, 2026 and vest in three equal annual installments beginning on the first anniversary of the grant date.

Remarks:

	/s/ Clinton Foss Attorney-in-Fact for Timothy R. Reed under a Limited Power of Attorney dated February 5, 2026.	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What does Timothy R. Reed report owning in Callaway Golf (CALY)?

Timothy R. Reed reports direct ownership of Callaway Golf common stock and multiple restricted stock unit awards. The common stock line shows 161,276 shares held, while RSU positions provide rights to receive additional shares as they vest over several future years.

Are there any recent stock purchases or sales in this Callaway Golf (CALY) Form 3?

This Form 3 does not show any recent stock purchases or sales. It is an initial ownership report listing existing common stock and restricted stock unit holdings, with no transaction codes or share amounts reported as newly bought or sold in this filing.

How do the restricted stock units for Callaway Golf (CALY) vest for Timothy R. Reed?

The restricted stock units vest on defined schedules. Grants dated February 6, 2024 and August 26, 2025 vest on single future anniversaries, while grants dated March 14, 2025 and February 24, 2026 vest in three equal annual installments starting one year after each grant date.

What does each restricted stock unit represent in the Callaway Golf (CALY) filing?

Each restricted stock unit represents a contingent right to receive one share of Callaway Golf common stock. Actual share delivery depends on future vesting dates and conditions described, such as single-date vesting or equal annual installments after the original grant date.

What role does Timothy R. Reed hold at Callaway Golf (CALY) in this Form 3?

Timothy R. Reed is identified as an executive officer of Callaway Golf, serving as Executive Vice President, R&D and Tour. The Form 3 ties his reported common stock and restricted stock unit holdings to this officer position within the company’s leadership team.