Callaway Golf (CALY) grants 62,371 RSUs to its CFO

Rhea-AI Filing Summary

Lynch Brian P. reported acquisition or exercise transactions in this Form 4 filing.

Callaway Golf Co executive vice president and CFO Brian P. Lynch received a grant of 62,371 Restricted Stock Units (RSUs) on February 24, 2026. Each RSU represents the right to receive one share of common stock and vests in three equal annual installments starting on the first anniversary of the grant date.

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^*

Lynch Brian P.

(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, CFO

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		62,371		(2)	(2)	Common Stock	62,371	$0	62,371(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 Brian P. Lynch 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).
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FAQ

What equity award did CALY executive Brian P. Lynch receive?

Brian P. Lynch received a grant of 62,371 Restricted Stock Units (RSUs) from Callaway Golf Co. Each RSU represents a contingent right to receive one share of common stock, providing equity-based compensation tied directly to the company’s future share value and performance over time.

How do the new RSUs granted to CALY’s CFO vest?

The 62,371 RSUs granted to Callaway Golf Co’s CFO vest in three equal annual installments. Vesting begins on the first anniversary of the February 24, 2026 grant date, meaning one-third of the units will vest each year over a three-year period.

What does each Restricted Stock Unit represent for CALY’s CFO award?

Each Restricted Stock Unit (RSU) granted to CALY’s CFO represents a contingent right to receive one share of common stock. The shares are delivered only as the RSUs vest over time, aligning the executive’s compensation with long-term shareholder value and company performance.

Does the reported total for CALY’s CFO include other RSU awards?

The reported 62,371 RSUs represent only the units granted on February 24, 2026. The footnotes clarify that this figure does not include RSUs with different vesting terms, so other outstanding awards the executive may hold are not reflected in this specific total.

What role does the recipient of the CALY RSU grant hold?

The RSU grant recipient, Brian P. Lynch, serves as Executive Vice President and Chief Financial Officer of Callaway Golf Co. This award represents part of his equity-based compensation, designed to link his incentives to the long-term performance of the company’s common stock.