Mandel Mark D. reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director Mark D. Mandel received a grant of 8,181 Restricted Stock Units. Each 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.
LUNDGREN JOHN F reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director John F. Lundgren received a grant of 8,181 Restricted Stock Units (RSUs). The RSUs were awarded on May 21, 2026 as equity compensation, not through an open-market purchase or sale.
Each RSU represents a contingent right to receive one share of Callaway common stock. The grant vests in full on the first anniversary of the grant date. Following this award, Lundgren holds 8,181 RSUs reported here, separate from any other RSUs with different vesting terms.
Holloway Bavan reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director Holloway Bavan received a grant of 8,181 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Callaway common stock at no purchase price.
The RSUs were granted on May 21, 2026 and vest in full on the first anniversary of the grant date.
FLEISCHER RUSSELL L reported acquisition or exercise transactions in this Form 4 filing.
Callaway Golf Co director Russell L. Fleischer received an equity award 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. Following this grant, Fleischer holds 8,181 RSUs from this award reported as directly owned.
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.
Callaway Golf Co director Mark D. Mandel filed an initial Form 3 reporting no securities beneficially owned. The filing shows zero Callaway Golf shares held directly after the reporting date, and it does not disclose any recent purchases, sales, or option exercises. This establishes his baseline ownership position as a director.
Callaway Golf director–related entities reported share sales. WestRiver Management, LLC, an entity associated with director Erik J. Anderson, sold a total of 100,000 shares of Callaway Golf common stock in open-market transactions at prices ranging from $15.735 to $17.540 per share.
After these sales, WestRiver Management, LLC held 580,459 shares indirectly. The filing also shows 40,476 shares held indirectly by Anderson Family Investments, LLC and 20,607 shares held directly by Anderson as of the reported date. Anderson disclaims beneficial ownership beyond his pecuniary interest.
Callaway Golf Company reported stronger Q1 2026 results from its refocused golf and soft-goods business. Net sales rose to $687.5 million from $629.6 million, led by double‑digit growth in golf clubs and gear.
Income from operations increased to $138.2 million from $103.1 million, while net income jumped to $93.1 million versus $2.1 million, helped by a swing to income in discontinued operations after the Jack Wolfskin and Topgolf divestitures. Diluted EPS from all operations was $0.47, up from $0.02.
Following the sale of 60% of Topgolf, Callaway used proceeds to cut total long‑term debt to $429.7 million from $1,434.0 million, though Q1 operating cash flow from continuing operations was a negative $169.0 million, mainly from higher receivables.
Callaway Golf Company reported strong first quarter 2026 results and raised its full-year outlook. Net sales from continuing operations grew 9.2% to $687.5 million, driven by a 9.5% increase in Golf Equipment and 8.4% growth in Apparel, Gear and Other. GAAP net income from continuing operations rose to $74.9 million, while non-GAAP net income from continuing operations nearly doubled to $111.8 million. Adjusted EBITDA increased 31.1% to $163.7 million, supported by higher sales and gross margin expansion to 47.5%.
The company ended March 31, 2026 in a net cash position, with $500 million of cash and $474 million of debt, and fully repaid $258 million of convertible notes on May 1. Callaway repurchased $79 million of common stock through April, buying 5.6 million shares at an average price of $14.08. Management increased its 2026 net sales outlook to $2.015–$2.070 billion and Adjusted EBITDA outlook to $211–$233 million, and guided Q2 2026 net sales to $585–$610 million with Adjusted EBITDA of $98–$108 million.
Callaway Golf Co executive Mark F. Leposky reported routine equity compensation activity. On April 23, 2026, restricted stock units (RSUs) vested and converted into 6,243 shares of Callaway Golf common stock on a one-for-one basis. To cover tax withholding requirements, 3,096 of these shares were withheld by the company rather than sold in the open market. Following these transactions, Leposky directly holds 348,651 shares of Callaway Golf common stock.