Callaway Golf (CALY) CEO gifts 13,200 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 common stock. On March 19, 2026, family-related entities transferred a total of 13,200 shares of Callaway Golf common stock for no consideration to various trusts for immediate family members as part of estate planning.

According to the disclosure, Mr. Brewer or his spouse serves as trustee of each recipient trust, so he retains beneficial ownership of the transferred shares. The transactions are all indirect, non-market gifts rather than open-market sales, and the filing also reflects substantial remaining indirect holdings in these family trusts after the transfers.

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

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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^*

BREWER OLIVER G III

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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
Common Stock	03/19/2026		G(1)		6,600	D	$0	935,185	I	By Family Trust
Common Stock	03/19/2026		G(1)		2,200	A	$0	215,412	I	By Family Trust for Son 1
Common Stock	03/19/2026		G(1)		2,200	A	$0	215,411	I	By Family Trust for Son 2
Common Stock	03/19/2026		G(1)		2,200	A	$0	215,411	I	By Family Trust for Son 3
Common Stock								478,420	I	By Family Trust for Spouse

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

Explanation of Responses:

1. 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.

Remarks:

	/s/ Heather D. McAllister Attorney-in-Fact for Oliver G. Brewer III under a Limited Power of Attorney dated November 30, 2023.	03/20/2026
	** 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)

FAQ

What insider transactions did Callaway Golf (CALY) report for Oliver G. Brewer III?

Oliver G. Brewer III reported bona fide gifts of 13,200 shares of Callaway Golf common stock. The shares were transferred for no consideration to various family trusts as part of estate planning, rather than sold in the open market.

Were the recent Callaway Golf (CALY) insider transactions open-market sales?

No, the reported transactions were bona fide gifts, not open-market sales. Family-related entities transferred 13,200 Callaway Golf common shares for no consideration to trusts for immediate family members, according to the disclosure language in the insider filing.

Does Callaway Golf CEO Oliver G. Brewer III retain ownership after gifting shares?

Yes. The filing states that Mr. Brewer or his spouse is a trustee of each recipient trust. As a result, he retains beneficial ownership of the gifted Callaway Golf common shares, even though they were transferred for estate planning purposes.

How many Callaway Golf (CALY) shares were gifted in the latest Form 4?

The insider filing reports gifts totaling 13,200 shares of Callaway Golf common stock. These were categorized under transaction code G as bona fide gifts, executed on March 19, 2026, and allocated across several trusts for immediate family members.

What was the price per share for the gifted Callaway Golf (CALY) stock?

The reported price per share for the transactions was $0.00, reflecting that the transfers were for no consideration. They are described as bona fide gifts to family trusts, rather than purchases or sales at a market price.

How are the gifted Callaway Golf (CALY) shares held after the transfers?

After the transfers, the Callaway Golf shares are held indirectly through various family trusts. The Form 4 notes ownership as "By Family Trust" or similar descriptions, with Mr. Brewer or his spouse serving as trustee and retaining beneficial ownership.