Callaway director granted 8,181 RSUs

Holloway Bavan reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Holloway Bavan reported acquisition or exercise transactions in this Form 4 filing.

Callaway Golf Co director Holloway Bavan received a grant of 8,181 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Callaway common stock at no purchase price.

The RSUs were granted on May 21, 2026 and vest in full on the first anniversary of the grant date.

Insider Trade Summary

Grant/Award: 8,181 shares

Grant/Award 1 txn

Insider Holloway Bavan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	8,181	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 8,181 contracts (Direct)

Footnotes (3)

1. F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock.
2. F2. The RSUs were granted on May 21, 2026 and vest in full on the first anniversary of the grant date.
3. F3. Represents only the RSUs granted on May 21, 2026 and does not include RSUs with different vesting terms.

Key Figures

RSUs granted: 8,181 units Price per RSU: $0.00 RSUs outstanding after grant: 8,181 units +1 more

4 metrics

RSUs granted 8,181 units Restricted Stock Units granted May 21, 2026

Price per RSU $0.00 Grant/award acquisition, no purchase price

RSUs outstanding after grant 8,181 units Total RSUs from this award following transaction

Underlying common shares 8,181 shares Each RSU equals one share of common stock

Key Terms

Restricted Stock Units, contingent right, vest in full, common stock

4 terms

Restricted Stock Units financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"represents a contingent right to receive one share of common stock"

vest in full financial

"The RSUs were granted on May 21, 2026 and vest in full on the first anniversary"

common stock financial

"receive one share of common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Callaway Golf (CALY) report for Holloway Bavan?

Callaway Golf reported that director Holloway Bavan received a grant of 8,181 Restricted Stock Units. These RSUs are a form of equity compensation that convert into Callaway common shares if vesting conditions are satisfied.

How many Callaway Golf (CALY) RSUs did Holloway Bavan receive in this Form 4?

Holloway Bavan received 8,181 Restricted Stock Units in this reported transaction. After the grant, the filing shows 8,181 RSUs held from this award, representing potential future shares of Callaway common stock upon vesting.

What are the vesting terms of Holloway Bavan’s Callaway Golf (CALY) RSU grant?

The RSUs granted to Holloway Bavan vest in full on the first anniversary of the May 21, 2026 grant date. Vesting means the contingent right to receive Callaway common stock becomes earned and deliverable at that time.

What does each Callaway Golf (CALY) Restricted Stock Unit represent in this filing?

Each Restricted Stock Unit represents a contingent right to receive one share of Callaway common stock. This means 8,181 RSUs correspond to 8,181 potential Callaway shares if vesting conditions are met and the units settle in stock.

Was Holloway Bavan’s Callaway Golf (CALY) RSU grant an open-market purchase or sale?

The transaction is reported as a grant or award acquisition, not an open-market trade. The RSUs were awarded at a price of $0.00 per unit as part of equity compensation rather than bought or sold on the market.

Does this Callaway Golf (CALY) Form 4 include other RSU awards for Holloway Bavan?

The filing notes that the 8,181 RSUs represent only the units granted on May 21, 2026. It states that this does not include any other RSUs that may have different vesting terms for Holloway Bavan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/21/2026 - 04:38 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Holloway Bavan

(Last) (First) (Middle)

2180 RUTHERFORD ROAD

(Street)

CARLSBAD CALIFORNIA 92008

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/21/2026		A		8,181		(2)	(2)	Common Stock	8,181	$0	8,181(3)	D

Explanation of Responses:

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

2. The RSUs were granted on May 21, 2026 and vest in full on the first anniversary of the grant date.

3. Represents only the RSUs granted on May 21, 2026 and does not include RSUs with different vesting terms.

Remarks:

	/s/ Clinton Foss Attorney-in-Fact for Bavan M. Holloway under a Limited Power of Attorney dated December 10, 2023.	05/21/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)