Entity tied to Callaway director sells 100K shares
Callaway Golf director–related entities reported share sales.
Rhea-AI Filing Summary
Callaway Golf director–related entities reported share sales. WestRiver Management, LLC, an entity associated with director Erik J. Anderson, sold a total of 100,000 shares of Callaway Golf common stock in open-market transactions at prices ranging from $15.735 to $17.540 per share.
After these sales, WestRiver Management, LLC held 580,459 shares indirectly. The filing also shows 40,476 shares held indirectly by Anderson Family Investments, LLC and 20,607 shares held directly by Anderson as of the reported date. Anderson disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares
Net Sell
5 txns
Insider
ANDERSON ERIK J
Role
Director
Sold
100,000 shs ($1.68M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $15.735 | $393K |
| Sale | Common Stock | 25,000 | $16.285 | $407K |
| Sale | Common Stock | 50,000 | $17.54 | $877K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 580,459 shares (Indirect, By WestRiver Management, LLC);
Common Stock — 20,607 shares (Direct);
Common Stock — 40,476 shares (Indirect, By Anderson Family Investments, LLC)
Footnotes (1)
- F1. The Reporting Person is the sole member and sole manager of WestRiver Management LLC ("WestRiver Management") and the sole manager of Anderson Family Investments, LLC ("AFI"). As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WestRiver Management, and AFI. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
Key Figures
Shares sold: 100,000 shares
Sale price 1: $16.285 per share
Sale price 2: $17.540 per share
+4 more
7 metrics
Shares sold
100,000 shares
Total open-market sales by WestRiver Management, LLC
Sale price 1
$16.285 per share
25,000-share sale of common stock
Sale price 2
$17.540 per share
50,000-share sale of common stock
Sale price 3
$15.735 per share
25,000-share sale of common stock
Indirect holdings WestRiver
580,459 shares
Indirect Callaway Golf shares held after sales
Indirect holdings AFI
40,476 shares
Indirect holdings by Anderson Family Investments, LLC
Direct holdings
20,607 shares
Direct Callaway Golf shares held by Anderson
Key Terms
open-market sale, indirect ownership, beneficially own, pecuniary interest
4 terms
open-market sale financial
"sold a total of 100,000 shares of Callaway Golf common stock in open-market transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"held 580,459 shares indirectly"
beneficially own financial
"may be deemed to beneficially own the securities held of record"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Callaway Golf (CALY) report for Erik J. Anderson?
The filing shows entities associated with director Erik J. Anderson executed open-market sales totaling 100,000 Callaway Golf common shares. These trades were made through WestRiver Management, LLC at prices between $15.735 and $17.540 per share, reducing that entity’s indirect holdings.
What are Erik J. Anderson’s indirect Callaway Golf (CALY) holdings after these sales?
After the reported transactions, WestRiver Management, LLC held 580,459 Callaway Golf shares indirectly. The filing also lists 40,476 shares held indirectly by Anderson Family Investments, LLC and 20,607 shares held directly by Anderson, providing a snapshot of his reported positions following the trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
