Callaway Golf (CALY) CEO gifts 565,400 shares to family trusts
Rhea-AI Filing Summary
Callaway Golf Co President and CEO Oliver G. Brewer III reported a series of bona fide gifts of the company’s common stock. On March 18, 2026, he completed nine gift transactions totaling 565,400 shares, according to the Form 4 transaction summary.
The shares were transferred for no consideration to various family trusts and to his spouse as part of estate planning. A footnote explains that Brewer or his spouse serves as trustee of each recipient trust, so he retains beneficial ownership of the transferred shares. These are non-market, non-cash gifts rather than open‑market stock sales or purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 565,400 shares
Net Sell
9 txns
Insider
BREWER OLIVER G III
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 141,350 | $0.00 | $0.00 |
| Gift | Common Stock | 70,675 | $0.00 | $0.00 |
| Gift | Common Stock | 70,675 | $0.00 | $0.00 |
| Gift | Common Stock | 70,675 | $0.00 | $0.00 |
| Gift | Common Stock | 70,675 | $0.00 | $0.00 |
| Gift | Common Stock | 70,675 | $0.00 | $0.00 |
| Gift | Common Stock | 23,559 | $0.00 | $0.00 |
| Gift | Common Stock | 23,558 | $0.00 | $0.00 |
| Gift | Common Stock | 23,558 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 941,785 shares (Indirect, By Family Trust);
Common Stock — 0 shares (Direct);
Common Stock — 478,420 shares (Indirect, By Family Trust for Spouse);
Common Stock — 0 shares (Indirect, By Spouse);
Common Stock — 213,212 shares (Indirect, By Family Trust for Son 1);
Common Stock — 213,211 shares (Indirect, By Family Trust for Son 2);
Common Stock — 213,211 shares (Indirect, By Family Trust for Son 3)
Footnotes (1)
- F1. The transactions reported on this form represent transfers of common shares, for no consideration, to various trusts for the benefit of immediate family members for estate planning purposes. The Reporting Person or his spouse is a trustee of each recipient trust, and, accordingly, the Reporting Person retains beneficial ownership of the shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Callaway Golf (CALY) CEO Oliver Brewer report on this Form 4?
He reported a series of bona fide gifts of Callaway Golf common stock. The filing shows nine gift transactions on March 18, 2026, transferring shares to family-related entities and his spouse for estate planning purposes, with no cash consideration involved.
How many gift transactions are disclosed in this Callaway Golf (CALY) Form 4?
The transaction summary lists nine separate gift transactions. Each involves Callaway Golf common stock coded as a bona fide gift, collectively covering 565,400 shares and allocated among different family trusts and a spouse-related holding structure.