Callaway director granted 8,181 RSUs

LUNDGREN JOHN F reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

LUNDGREN JOHN F reported acquisition or exercise transactions in this Form 4 filing.

Callaway Golf Co director John F. Lundgren received a grant of 8,181 Restricted Stock Units (RSUs). The RSUs were awarded on May 21, 2026 as equity compensation, not through an open-market purchase or sale.

Each RSU represents a contingent right to receive one share of Callaway common stock. The grant vests in full on the first anniversary of the grant date. Following this award, Lundgren holds 8,181 RSUs reported here, separate from any other RSUs with different vesting terms.

Insider Trade Summary

Grant/Award: 8,181 shares

Grant/Award 1 txn

Insider LUNDGREN JOHN F

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 RSUs RSU-to-share ratio: 1 RSU = 1 share Post-grant RSUs reported: 8,181 RSUs

3 metrics

RSUs granted 8,181 RSUs Equity award to director John F. Lundgren on May 21, 2026

RSU-to-share ratio 1 RSU = 1 share Each RSU represents a contingent right to one common share

Post-grant RSUs reported 8,181 RSUs Total RSUs from this grant following the transaction

Key Terms

Restricted Stock Units, contingent right, vest in full, grant, award, or other acquisition

4 terms

Restricted Stock Units financial

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

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

"Each Restricted Stock Unit ("RSU") 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 of the grant date."

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

FAQ

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

What insider transaction did Callaway Golf (CALY) report for John F. Lundgren?

Callaway Golf reported that director John F. Lundgren received 8,181 Restricted Stock Units as an equity grant. The award is a form of stock-based compensation rather than an open-market trade in Callaway common shares.

How many Restricted Stock Units did John F. Lundgren receive from Callaway Golf (CALY)?

John F. Lundgren received 8,181 Restricted Stock Units from Callaway Golf. Each RSU represents a right to receive one share of common stock, subject to vesting and other conditions described in the award’s terms.

When do John F. Lundgren’s new Callaway Golf (CALY) RSUs vest?

The 8,181 Restricted Stock Units granted to John F. Lundgren vest in full on the first anniversary of the May 21, 2026 grant date. Vesting must occur before he receives the underlying Callaway common shares.

Are John F. Lundgren’s Callaway Golf (CALY) RSUs an open-market purchase or sale?

The reported transaction is a grant of 8,181 Restricted Stock Units, not an open-market purchase or sale. It reflects stock-based compensation awarded by Callaway Golf, classified as a grant, award, or other acquisition.

What does each Callaway Golf (CALY) RSU granted to John F. Lundgren represent?

Each Restricted Stock Unit granted to John F. Lundgren represents a contingent right to receive one share of Callaway common stock. Delivery of shares depends on satisfying vesting conditions and any other terms included in the award.

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

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Accepted by SEC EDGAR 05/21/2026 - 04:39 PM 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^*

LUNDGREN JOHN F

(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 John F. Lundgren under a Limited Power of Attorney dated December 13, 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)