Director Dundon granted 8,181 RSUs at Callaway Golf (CALY)

Rhea-AI Filing Summary

Dundon Thomas G. reported acquisition or exercise transactions in this Form 4 filing.

Callaway Golf Co director and 10% owner Thomas G. Dundon received a grant of 8,181 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of common stock. The RSUs were granted as compensation at no cash cost and vest in full on the first anniversary of the May 21, 2026 grant date. Following this award, Dundon holds 8,181 RSUs covered by this grant, separate from any RSUs with different vesting terms.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dundon Thomas G.

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.

Key Figures

RSUs granted: 8,181 units Underlying common shares: 8,181 shares Grant price: $0.0000 per unit +1 more

4 metrics

RSUs granted 8,181 units Restricted Stock Units granted on May 21, 2026

Underlying common shares 8,181 shares Each RSU equals one share of common stock

Grant price $0.0000 per unit Compensation award, no cash exercise price

RSUs after transaction 8,181 units Total RSUs from this grant following the transaction

Key Terms

Restricted Stock Units, contingent right, vest in full, ten percent owner

4 terms

Restricted Stock Units financial

"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock."

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 Restricted Stock Unit ("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 of the grant date."

ten percent owner financial

"Dundon Thomas G. is listed as a director and ten percent owner."

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Form 4 Insider Transactions: What Each Field Means →

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^*

Dundon Thomas G.

(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	X	10% 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)

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

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)	05/21/2026		A		8,181		(2)	(2)	Common Stock	8,181	$0	8,181(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 Thomas G. Dundon under a Limited Power of Attorney dated December 9, 2022.	05/21/2026
	** 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)

FAQ

What did Thomas G. Dundon acquire in the latest CALY Form 4 filing?

Thomas G. Dundon received a grant of 8,181 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Callaway Golf common stock, reflecting a stock-based compensation award rather than an open-market purchase.

Is the Dundon RSU transaction in Callaway Golf (CALY) a market buy or sell?

The transaction is a grant of 8,181 Restricted Stock Units, not a market buy or sell. It is classified as an acquisition due to a compensation award, with no cash price per unit reported in the filing.

When do Thomas Dundon’s 8,181 Callaway Golf RSUs vest?

The 8,181 Restricted Stock Units vest in full on the first anniversary of the grant date. The grant occurred on May 21, 2026, so the entire award becomes exercisable after that one-year vesting period.

How many Callaway Golf RSUs does the Form 4 show for Dundon after the grant?

After the transaction, the Form 4 reports 8,181 Restricted Stock Units related to this specific grant. A footnote clarifies this figure represents only RSUs granted on May 21, 2026, and excludes other RSUs with different vesting terms.

What does each Callaway Golf (CALY) RSU granted to Dundon represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Callaway Golf common stock. This means Dundon will receive one share for each RSU that vests, subject to the vesting conditions described in the award.