Callaway Golf CAO vests 6,494 RSUs, 3,506 withheld
For Callaway Golf Co (CALY), reporting person Jennifer L. Thomas, SVP and Chief Accounting Officer, reported the vesting of 6,494 Restricted Stock Units (RSUs) into an equal number of shares of common stock on August 26, 2026.
Rhea-AI Filing Summary
For Callaway Golf Co (CALY), reporting person Jennifer L. Thomas, SVP and Chief Accounting Officer, reported the vesting of 6,494 Restricted Stock Units (RSUs) into an equal number of shares of common stock on August 26, 2026. Of these shares, 3,506 were withheld by the company at $15.74 per share to satisfy tax withholding requirements. The RSUs were granted on August 26, 2025 and vested on the first anniversary of the grant date. The filing does not indicate that these transactions were executed under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,494 shares exercised/converted
Exercise
3 txns
Insider
Thomas Jennifer L.
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F1, F4, F5 | 6,494 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 6,494 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F3 | 3,506 | $15.74 | $55K |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 87,665 shares (Direct)
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 the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.
- F4. The RSUs were granted on August 26, 2025 and vested on the first anniversary of the grant date.
- F5. Represents only the RSUs granted on August 26, 2025 and does not include RSUs with different vesting terms.
Key Figures
RSUs vested and converted: 6,494 shares
Shares withheld for tax withholding requirements: 3,506 shares
Tax withholding share value: $15.74 per share
+2 more
5 metrics
RSUs vested and converted
6,494 shares
RSUs converted into common stock on August 26, 2026 on a one-for-one basis
Shares withheld for tax withholding requirements
3,506 shares
Common shares withheld by the company upon RSU vesting to satisfy tax obligations
Tax withholding share value
$15.74 per share
Per-share value used for shares of common stock withheld for tax requirements
RSU grant date
August 26, 2025
Grant date of the RSUs that vested after one year
RSU vesting date
August 26, 2026
First anniversary of the grant date when RSUs vested and converted
Key Terms
Restricted Stock Units, one-for-one basis, tax withholding requirements, Rule 10b5-1
4 terms
Restricted Stock Units financial
"Represents the number of shares of common stock issued upon the vesting of restricted stock units"
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.
one-for-one basis financial
"RSUs convert into common stock on a one-for-one basis"
tax withholding requirements financial
"withheld by the Company to satisfy tax withholding requirements in connection"
Rule 10b5-1 regulatory
"The document-level Rule 10b5-1 checkbox is unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What equity award activity did CALY officer Jennifer L. Thomas report on this Form 4?
Jennifer L. Thomas reported the vesting of 6,494 RSUs, which converted on a one-for-one basis into 6,494 shares of Callaway Golf Co common stock on August 26, 2026, one year after the grant date of August 26, 2025.
What was the vesting schedule for the RSUs reported by CALY’s Jennifer L. Thomas?
The RSUs reported by Jennifer L. Thomas were granted on August 26, 2025 and vested on the first anniversary of the grant date, August 26, 2026, as disclosed in the footnotes.
Were the CALY transactions reported by Jennifer L. Thomas under a Rule 10b5-1 plan?
No. The document-level Rule 10b5-1 checkbox is unchecked, so the transactions reported by Jennifer L. Thomas are not affirmed as being executed under a Rule 10b5-1 trading plan.
Do the RSUs reported by CALY’s officer convert into common stock at a fixed ratio?
Yes. The filing states that the RSUs convert into common stock on a one-for-one basis, meaning each RSU becomes one share of Callaway Golf Co common stock upon vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
