Callaway Golf director vests 18,546 RSUs
Callaway Golf Co director Adebayo O. Ogunlesi received 18,546 shares of Common Stock on conversion of previously granted Restricted Stock Units that vested on the first anniversary of their May 29, 2025 grant.
Rhea-AI Filing Summary
Callaway Golf Co director Adebayo O. Ogunlesi received 18,546 shares of Common Stock on conversion of previously granted Restricted Stock Units that vested on the first anniversary of their May 29, 2025 grant. Following the vesting, he holds 157,324 shares directly, plus 845,284 shares held jointly with his spouse and 100,000 shares held through Raynham I LLC, all as indirect ownership. No open-market purchases or sales were reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,546 shares exercised/converted
Exercise
4 txns
Insider
Ogunlesi Adebayo O.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,546 | $0.00 | $0.00 |
| Exercise | Common Stock | 18,546 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 157,324 shares (Direct);
Common Stock — 100,000 shares (Indirect, By Raynham I LLC);
Common Stock — 845,284 shares (Indirect, Held with Spouse in JTWROS)
Footnotes (5)
- F1. Represents the number of shares of common stock issued upon the vesting of Restricted Stock Units ("RSUs").
- F2. RSUs convert into common stock on a one-for-one basis.
- F3. Represents shares of common stock held by Raynham I LLC. The Reporting Person and his spouse are the sole member of Raynham I LLC.
- F4. The RSUs were granted on May 29, 2025 and vested in full on the first anniversary of the grant date.
- F5. Represents only the RSUs granted on May 29, 2025 and does not include RSUs with different vesting terms.
Key Figures
RSUs vested: 18,546 shares
Direct holdings after vesting: 157,324 shares
Joint holdings with spouse: 845,284 shares
+3 more
6 metrics
RSUs vested
18,546 shares
Restricted Stock Units converted into Common Stock
Direct holdings after vesting
157,324 shares
Common Stock directly owned after RSU conversion
Joint holdings with spouse
845,284 shares
Common Stock held as JTWROS with spouse
Holdings via Raynham I LLC
100,000 shares
Common Stock held indirectly through Raynham I LLC
RSU conversion ratio
1 RSU : 1 share
RSUs convert into common stock on a one-for-one basis
RSU grant date
May 29, 2025
Grant date for the vested RSUs
Key Terms
Restricted Stock Units, RSUs, JTWROS, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Represents the number of shares of common stock issued upon the vesting of Restricted Stock Units ("RSUs")."
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.
RSUs financial
"RSUs convert into common stock on a one-for-one basis."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
JTWROS financial
"Held with Spouse in JTWROS"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"ownership_type: "indirect", ownership_code: "I""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Callaway Golf (CALY) report for Adebayo O. Ogunlesi?
Callaway Golf reported that director Adebayo O. Ogunlesi received 18,546 shares of Common Stock from vested Restricted Stock Units. These RSUs converted into common stock on a one-for-one basis and reflect equity compensation, with no open-market buying or selling disclosed.
What are Adebayo O. Ogunlesi’s direct Callaway Golf (CALY) holdings after this Form 4?
After the RSU vesting, Ogunlesi directly holds 157,324 shares of Callaway Golf common stock. This figure represents his direct ownership position reported in the filing and does not include additional indirect holdings through joint ownership or an LLC.
Were there any Callaway Golf (CALY) open-market stock sales or purchases by Ogunlesi?
No open-market sales or purchases are reported. The Form 4 reflects an RSU vesting event coded as an exercise or conversion of a derivative security, issuing shares as equity compensation rather than through market trading activity.
When were Ogunlesi’s Callaway Golf (CALY) RSUs granted and when did they vest?
The RSUs were granted on May 29, 2025 and vested in full on the first anniversary of the grant date. The filing notes that the reported RSUs are only those from this grant and exclude other RSUs with different vesting terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
