Callaway Golf director granted 1,823 shares

Callaway Golf Co (CALY) director Adebayo O. Ogunlesi reported a compensation-related equity grant on September 15, 2026.

Rhea-AI Filing Summary

Callaway Golf Co (CALY) director Adebayo O. Ogunlesi reported a compensation-related equity grant on September 15, 2026. He acquired 1,823 shares of common stock at $0.00 per share, issued in lieu of the cash retainer under the non-employee director compensation program for the quarter ending September 30, 2026.

Following this grant, he holds 160,758 shares of Callaway Golf common stock directly, plus indirect holdings of 100,000 shares through Raynham I LLC and 845,284 shares held jointly with his spouse. No Rule 10b5-1 trading plan is reported in connection with these holdings.

Insider Trade Summary

Grant/Award: 1,823 shares

Grant/Award 3 txns

Insider Ogunlesi Adebayo O.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	1,823	$0.00	$0.00
holding	Common Stock F2	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 160,758 shares (Direct); Common Stock — 100,000 shares (Indirect, By Raynham I LLC); Common Stock — 845,284 shares (Indirect, Held with Spouse in JTWROS)

Footnotes (2)

1. F1. The shares were issued in lieu of the cash retainer otherwise payable to the reporting person under the issuers non-employee director compensation program for the quarter ending September 30, 2026.
2. F2. Represents shares of common stock held by Raynham I LLC. The Reporting Person and his spouse are the sole member of Raynham I LLC.

Key Figures

Shares granted: 1,823 shares Grant price: $0.00 per share Direct holdings after transaction: 160,758 shares +3 more

6 metrics

Shares granted 1,823 shares Equity grant in lieu of cash retainer on September 15, 2026

Grant price $0.00 per share Reported price for the 1,823-share director compensation grant

Direct holdings after transaction 160,758 shares Common stock directly owned by Adebayo O. Ogunlesi after the grant

Indirect holdings via Raynham I LLC 100,000 shares Common stock held indirectly through Raynham I LLC

Indirect JTWROS holdings with spouse 845,284 shares Common stock held indirectly with spouse as joint tenants with right of survivorship

Quarter covered by equity retainer Quarter ending September 30, 2026 Period for which the share grant replaced a cash retainer

Key Terms

in lieu of the cash retainer, non-employee director compensation program, joint tenants with right of survivorship, indirect ownership

4 terms

in lieu of the cash retainer financial

"The shares were issued in lieu of the cash retainer otherwise payable"

non-employee director compensation program financial

"under the issuers non-employee director compensation program for the quarter"

joint tenants with right of survivorship financial

"Held with Spouse in JTWROS"

indirect ownership financial

"Represents shares of common stock held by Raynham I LLC"

FAQ

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

What transaction did Callaway Golf Co (CALY) director Adebayo O. Ogunlesi report?

He reported an acquisition of 1,823 shares of Callaway Golf common stock on September 15, 2026, received as a grant or award rather than a market purchase.

At what price were the new CALY shares awarded to the director?

The 1,823 shares of Callaway Golf common stock were awarded at a reported price of $0.00 per share, reflecting that they were issued as equity compensation, not purchased for cash.

Why did the Callaway Golf Co director receive 1,823 shares instead of cash?

According to the filing, the 1,823 shares were issued in lieu of the cash retainer otherwise payable under Callaway Golf’s non-employee director compensation program for the quarter ending September 30, 2026.

How many CALY shares does Adebayo O. Ogunlesi now hold directly?

After the reported grant, Adebayo O. Ogunlesi holds 160,758 shares of Callaway Golf common stock in direct ownership.

What indirect holdings in CALY does the director report?

He reports 100,000 shares of Callaway Golf common stock held indirectly through Raynham I LLC and 845,284 shares held indirectly with his spouse as joint tenants with right of survivorship (JTWROS).

Was the CALY share grant made under a Rule 10b5-1 trading plan?

The filing indicates no Rule 10b5-1 plan is reported for these transactions, as the document-level checkbox for such a plan is not marked as affirmed.

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

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Available on EDGAR 09/16/2026 - 04:05 PM Accepted by SEC EDGAR 09/16/2026 - 04:04 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^*

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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
Common Stock	09/15/2026		A		1,823(1)	A	$0	160,758	D
Common Stock								100,000	I	By Raynham I LLC(2)
Common Stock								845,284	I	Held with Spouse in JTWROS

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

Explanation of Responses:

1. The shares were issued in lieu of the cash retainer otherwise payable to the reporting person under the issuers non-employee director compensation program for the quarter ending September 30, 2026.

2. Represents shares of common stock held by Raynham I LLC. The Reporting Person and his spouse are the sole member of Raynham I LLC.

Remarks:

	/s/ Clinton Foss Attorney-in-Fact for Adebayo O. Ogunlesi under a Limited Power of Attorney dated December 13, 2023.	09/16/2026
	** 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)