Welcome to our dedicated page for Callaway Golf Company SEC filings (Ticker: CALY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Callaway Golf Company filings document the company’s results, segment structure, governance and capital actions as a golf equipment, gear and apparel issuer. Recent 8-K reports furnish quarterly and annual earnings releases, outlook updates, share repurchase activity, convertible note settlement, debt repayment and supplemental segment schedules.
The filing record also documents the completed corporate name change from Topgolf Callaway Brands Corp. to Callaway Golf Company through charter and bylaw amendments. Other disclosures cover the realignment into Golf Equipment and Apparel, Gear and Other reportable segments, discontinued operations for Topgolf and Jack Wolfskin, proxy governance matters, executive compensation and shareholder voting information.
Ogunlesi Adebayo O. reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director Adebayo O. Ogunlesi received 2,056 shares of common stock as a grant under the company’s non‑employee director compensation program. The shares were issued in lieu of the cash retainer for the quarter ending March 31, 2026.
After this stock award, he holds 138,778 shares directly. He also has indirect holdings of 100,000 shares through Raynham I LLC, where he and his spouse are the sole members, and 845,284 shares held jointly with his spouse.
FLEISCHER RUSSELL L reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director Russell L. Fleischer received a stock award of 2,149 shares of common stock. The shares were issued in lieu of the cash retainer under the company’s non-employee director compensation program for the quarter ending March 31, 2026.
Following this non-cash grant, Fleischer directly holds 135,633 shares of Callaway Golf common stock. This is a routine compensation award rather than an open-market purchase or sale.
Callaway Golf Co senior vice president and chief accounting officer Jennifer L. Thomas reported routine equity compensation activity involving restricted stock units (RSUs). On March 14, 2026, 5,682 RSUs converted into 5,682 shares of common stock on a one-for-one basis upon vesting. To cover tax withholding obligations related to this vesting, 2,407 common shares were withheld by the company at a price of $13.38 per share, a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Thomas directly held 84,677 shares of common stock. The filing also shows 11,364 unvested RSUs remaining from a grant made on March 14, 2025, which vests in three equal annual installments beginning on the first anniversary of the grant date.
Callaway Golf Co executive Angela J. Deskins, EVP and Chief People Officer, reported the vesting of restricted stock units that converted into 2,526 shares of common stock on a one-for-one basis. To cover tax withholding related to this vesting, 899 shares were withheld by the company at a price of $13.38 per share, leaving Deskins with a modest net increase in directly held shares.
Following these transactions, Deskins directly owned 3,652 shares of common stock and held 5,050 unvested RSUs from a grant made on March 14, 2025, which vests in three equal annual installments beginning on the first anniversary of the grant date.
Callaway Golf Co executive Timothy R. Reed reported routine equity compensation activity involving restricted stock units and common stock. On March 14, he acquired 11,364 shares of common stock through the vesting and conversion of restricted stock units that convert into common stock on a one-for-one basis.
To satisfy tax withholding obligations tied to this RSU vesting, 6,135 shares of common stock were withheld by the company at a price of $13.38 per share, rather than sold on the open market. After these transactions, Reed directly held 166,505 shares of common stock and 22,727 unvested RSUs from this March 14, 2025 grant, which vests in three equal annual installments beginning on the first anniversary of the grant date.
Callaway Golf EVP and Chief Supply Chain Officer Mark F. Leposky reported vesting of restricted stock units that converted into 22,728 shares of common stock on a one-for-one basis. These shares came from RSUs granted on March 14, 2025, which vest in three equal annual installments.
To cover tax withholding obligations tied to this vesting, the company withheld 11,269 shares of common stock at a value of $13.38 per share, a tax-related disposition rather than an open-market sale. Following these transactions, Leposky directly holds 345,504 shares of Callaway Golf common stock. Footnotes indicate additional RSUs from the March 14, 2025 grant remain unvested.
Callaway Golf executive Glenn F. Hickey reported routine equity compensation activity. On March 14, 2026, 22,728 restricted stock units vested and converted into common stock on a one-for-one basis. The company withheld 12,269 shares at $13.38 per share to cover tax obligations.
After these transactions, Hickey holds 101,082 shares of common stock directly and 10,000 shares indirectly through a family trust. The RSU account shows 45,454 unvested restricted stock units remaining from the March 14, 2025 grant, alongside other RSUs with different vesting terms.
Callaway Golf EVP and CFO Brian P. Lynch reported routine equity compensation activity. On March 14, 2026, 34,091 restricted stock units vested and converted into the same number of shares of common stock. The company withheld 18,403 shares at $13.38 per share to cover tax obligations, rather than selling shares on the open market.
After these transactions, Lynch directly owns 280,058 shares of Callaway Golf common stock and indirectly holds 36,575 shares through a family trust. He also has 68,182 unvested RSUs remaining from a grant made on March 14, 2025, which vest in three equal annual installments starting on the first anniversary of that grant date.
Callaway Golf President and CEO Oliver G. Brewer III reported routine equity compensation and estate-planning moves. On March 14, 2026, 147,728 restricted stock units vested and converted into the same number of common shares on a one-for-one basis. The company withheld 77,336 shares at $13.38 per share to cover tax obligations, and the remaining 70,392 shares were transferred as a bona fide gift. Following these transactions, Brewer holds common stock indirectly through family trusts, including 1,083,135 shares by a family trust and additional blocks for his spouse and children.
Callaway Golf Company is providing supplemental, recast financial data to reflect the 2025 sales of its Jack Wolfskin and Topgolf businesses and a new two-segment structure: Golf Equipment, and Apparel, Gear and Other. Results for Topgolf and Jack Wolfskin are now treated as discontinued operations.
On this basis, 2025 net sales from continuing operations were $2,060.1 million versus $2,077.7 million in 2024, a modest decline of 0.8%. Income from continuing operations before income taxes was $87.6 million, down from $111.5 million, while diluted GAAP earnings per share from continuing operations were $0.21.
The recast non‑GAAP schedules show 2025 trailing twelve‑month adjusted EBITDA of $222.4 million compared with $261.2 million in 2024. A net debt leverage table highlights a sharp improvement in leverage, with total net debt falling from $1,032.2 million and 4.0x leverage at December 31, 2024 to $576.3 million and 2.6x at December 31, 2025, and a pro forma net cash position after the Topgolf closing.