Callaway Golf Co director John F. Lundgren increased his direct stake through equity compensation. On May 29, he acquired 18,546 shares of common stock when an equal number of Restricted Stock Units (RSUs) vested and converted one-for-one into shares at no cost. These RSUs were granted on May 29, 2025 and vested in full on the first anniversary of the grant date. After the vesting and conversion, he directly holds 120,956 shares of Callaway Golf common stock, with no remaining RSUs from this specific grant.
Callaway Golf Co director Bavan Holloway reported the vesting of equity awards rather than an open-market trade. On May 29, 2026, Restricted Stock Units converted into 18,546 shares of common stock on a one-for-one basis. These RSUs were granted on May 29, 2025 and vested in full on their first anniversary. Following the conversion, Holloway holds 41,447 shares of Callaway Golf common stock directly.
Callaway Golf Co director Russell L. Fleischer exercised restricted stock units that vested into 18,546 shares of common stock. These RSUs were granted on May 29, 2025 and vested in full one year later on a one-for-one basis. After this compensation-related share issuance, Fleischer directly holds 154,179 common shares. The filing does not show any open-market sales or purchases, indicating a routine vesting and conversion of equity awards rather than a discretionary trade.
PEP TG Investments LP, an affiliate of Providence Equity Partners, filed an amendment to report a major reduction in its stake in Callaway Golf Company. On May 21, 2026, it sold 11,175,226 shares of common stock at $15.34 per share in a Rule 144 broker-dealer transaction.
After this sale, the reporting persons collectively beneficially own only 130,064 shares of Callaway common stock, all issuable upon exercise of a warrant, representing about 0.07% of the 179,887,627 shares deemed outstanding. As a result, they ceased to be beneficial owners of more than 5% of Callaway’s stock, and this amendment is described as their final, exit filing. PEP TG Investments LP also no longer has a contractual right to nominate a Providence representative to Callaway’s board.
Callaway Golf Company reported results from its 2026 Annual Meeting of Shareholders and related board actions. Thomas G. Dundon and Mark D. Mandel were elected to the Board and each entered into the Company’s standard indemnification agreement for non-employee directors, which covers legal expenses and liabilities arising from service, with expense advances subject to possible reimbursement after final determinations.
Shareholders voted on three proposals. Of the 181,976,071 common shares outstanding as of the record date, 160,373,469 were represented at the meeting. All nominated directors were elected with strong majorities; for example, Mark D. Mandel received 145,294,838 votes for and 594,819 against. Shareholders ratified Deloitte & Touche LLP as independent auditor for the year ending December 31, 2026, with 156,259,310 votes for and 3,553,082 against. On an advisory basis, shareholders also approved executive compensation, with 136,918,067 votes for and 8,942,872 against.
Callaway Golf Co director Varsha Rajendra Rao acquired 18,546 shares of common stock through the vesting of restricted stock units. The RSUs convert into common stock on a one-for-one basis. After this transaction, Rao directly holds 71,717 shares of Callaway Golf Co common stock.
The vested RSUs were originally granted on May 29, 2025 and were scheduled to vest in full on the date of the 2026 Annual Meeting of Shareholders. The filing shows a routine equity compensation event, with no open-market purchases or sales reported.
Callaway Golf Co director Erik J. Anderson reported the vesting of 18,546 Restricted Stock Units that converted into the same number of common shares. The RSUs convert into common stock on a one-for-one basis and were issued at a stated price of $0.00 per share.
Following this vesting, Anderson directly holds 39,153 shares of Callaway common stock. In addition, 580,459 shares are held by WestRiver Management LLC and 40,476 shares are held by Anderson Family Investments LLC, entities of which he is the sole manager; the filing states he may be deemed to beneficially own these securities but disclaims beneficial ownership except to the extent of his pecuniary interest.
THORNLEY ANTHONY S reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director Anthony S. Thornley received a grant of 8,181 Restricted Stock Units. Each RSU represents a contingent right to receive one share of common stock, granted at no cash cost. The RSUs were granted on May 21, 2026 and vest in full on the first anniversary of the grant date. Following this grant, Thornley holds 8,181 RSUs under these specific vesting terms, separate from any other RSU awards.
SEGRE LINDA B reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director Linda B. Segre received a grant of 8,181 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Callaway common stock. The RSUs were granted on May 21, 2026 and vest in full on the first anniversary of the grant date. After this grant, Segre holds 8,181 RSUs directly under the terms described.
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.