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Director at Callaway Golf (CALY) receives grant of 8,181 Restricted Stock Units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ogunlesi Adebayo O. reported acquisition or exercise transactions in this Form 4 filing.

Callaway Golf Co director receives equity award. Director Adebayo O. Ogunlesi was granted 8,181 Restricted Stock Units, each representing a contingent right to receive one share of Callaway Golf common stock. The RSUs were granted on May 21, 2026 and vest in full one year after the grant date.

Positive

  • None.

Negative

  • None.
Insider Ogunlesi Adebayo O.
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 8,181 $0.00 --
Holdings After Transaction: Restricted Stock Units — 8,181 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock. The RSUs were granted on May 21, 2026 and vest in full on the first anniversary of the grant date. Represents only the RSUs granted on May 21, 2026 and does not include RSUs with different vesting terms.
RSUs granted 8,181 units Restricted Stock Units granted May 21, 2026
RSU-to-share ratio 1 share per RSU Each RSU converts into one share of common stock
Strike/exercise price $0.00 per unit Recorded award price per RSU
Shares underlying RSUs 8,181 shares Common shares underlying the new RSU grant
Vesting timing 1-year cliff RSUs vest in full on first anniversary of May 21, 2026
Holdings after grant 8,181 RSUs RSUs covered by this filing following the transaction
Restricted Stock Units financial
"The director was granted 8,181 Restricted Stock Units as an equity award."
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 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."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Ogunlesi Adebayo O.
(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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/21/2026A8,181 (2) (2)Common Stock8,181$08,181(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 Adebayo O. Ogunlesi under a Limited Power of Attorney dated December 13, 2023.05/21/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Callaway Golf (CALY) director Adebayo Ogunlesi report on this Form 4?

He reported receiving 8,181 Restricted Stock Units as an equity award. Each RSU represents a contingent right to one share of Callaway Golf common stock, vesting in full on the first anniversary of the May 21, 2026 grant date.

How many Callaway Golf (CALY) RSUs did the director receive and what do they represent?

The director received 8,181 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Callaway Golf common stock, meaning shares are delivered only if vesting conditions are satisfied over time.

When do the new RSUs granted to the Callaway Golf (CALY) director vest?

The RSUs granted on May 21, 2026 vest in full on the first anniversary of the grant date. Once vested, each unit converts into one share of Callaway Golf common stock, subject to any applicable settlement procedures.

Is the 8,181 RSU grant the director’s total Callaway Golf (CALY) equity holding?

The 8,181 RSUs reflect only the units granted on May 21, 2026. A footnote states this number does not include any other RSUs the director may hold that have different vesting terms or grant dates.

Was there any open-market buying or selling of Callaway Golf (CALY) stock in this Form 4?

No open-market purchases or sales were reported. The filing shows a grant of 8,181 Restricted Stock Units as compensation, not a market transaction, with no buy or sell price disclosed because the award price per unit is recorded as zero.