37,423 RSUs granted to Callaway Golf (CALY) EVP Glenn F. Hickey

Rhea-AI Filing Summary

Hickey Glenn F. reported acquisition or exercise transactions in this Form 4 filing.

Callaway Golf Co executive Glenn F. Hickey received an equity award of 37,423 Restricted Stock Units on February 24, 2026. Each RSU represents a contingent right to receive one share of Callaway common stock, with no cash price per unit.

The award vests in three equal annual installments, beginning on the first anniversary of the grant date. The reported holdings reflect only these 37,423 RSUs granted on February 24, 2026 and exclude any RSUs Hickey holds with different vesting terms.

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^*

Hickey Glenn F.

(Last) (First) (Middle)

2180 RUTHERFORD ROAD

(Street)

CARLSBAD CA 92008

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Pres., Callaway Sales

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. 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 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)	02/24/2026		A		37,423		(2)	(2)	Common Stock	37,423	$0	37,423(3)	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 24, 2026 and vest in three equal annual installments beginning on the first anniversary of the grant date.

3. Represents only the RSUs granted on February 24, 2026 and does not include RSUs with different vesting terms.

Remarks:

	/s/ Clinton Foss Attorney-in-Fact for Glenn F. Hickey under a Limited Power of Attorney dated November 30, 2023.	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 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.
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FAQ

What insider transaction did Callaway Golf (CALY) report for Glenn F. Hickey?

Callaway Golf reported that EVP & President, Callaway Sales, Glenn F. Hickey received a grant of 37,423 Restricted Stock Units. These RSUs were awarded at no cash cost per unit and represent potential future shares of Callaway common stock, subject to vesting.

How many Restricted Stock Units did Glenn F. Hickey acquire at Callaway Golf (CALY)?

Glenn F. Hickey acquired 37,423 Restricted Stock Units in this transaction. The filing states that each RSU represents a contingent right to receive one share of Callaway common stock, reflecting only this new grant with its specific vesting schedule.

When do Glenn F. Hickey’s new Callaway Golf (CALY) RSUs vest?

The RSUs granted to Glenn F. Hickey vest in three equal annual installments. Vesting begins on the first anniversary of the February 24, 2026 grant date, meaning the award converts into shares gradually over three years if vesting conditions are satisfied.

What does each Callaway Golf (CALY) RSU granted to Glenn F. Hickey represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Callaway Golf common stock. The units do not involve a cash purchase price and will convert into shares only as they vest according to the grant’s three-year schedule.

Does the reported 37,423 RSUs include all of Glenn F. Hickey’s Callaway Golf (CALY) equity awards?

No, the 37,423 RSUs represent only the units granted on February 24, 2026. The filing specifies that this figure excludes any other RSUs Hickey holds that have different vesting terms or were granted on other dates.

What is the transaction code used for Glenn F. Hickey’s Callaway Golf (CALY) RSU grant?

The transaction uses code “A,” indicating a grant, award, or other acquisition. The filing further describes this as a grant or award acquisition of Restricted Stock Units, rather than an open-market purchase or sale of Callaway common shares.