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.
Callaway Golf Co executive Mark F. Leposky reported RSU vesting and related tax withholding. On February 22, he converted 6,221 restricted stock units into the same number of common shares at no exercise price. The company withheld 2,189 shares at $14.60 per share to cover taxes, leaving him with 334,045 common shares held directly.
Callaway Golf EVP & President, Callaway Sales, Glenn F. Hickey reported RSU vesting and related share withholding. On February 22, he exercised 6,221 restricted stock units, converting them into 6,221 shares of common stock on a one-for-one basis. To satisfy tax withholding on this vesting, 3,395 shares were disposed of at $14.60 per share. Following these transactions, he directly held 90,623 common shares, with an additional 10,000 shares held indirectly by a family trust. These RSUs were originally granted on February 22, 2023 and vest in three equal annual installments beginning on the first anniversary of the grant date.
Callaway Golf Co EVP and CFO Brian P. Lynch reported the vesting of 9,332 restricted stock units, which converted one-for-one into common shares. To cover taxes on this vesting, 5,038 shares of common stock were withheld by the company at $14.60 per share.
After these transactions, Lynch holds 264,370 shares of Callaway Golf common stock directly and an additional 36,575 shares indirectly through a family trust.
Callaway Golf Co director and CEO Oliver G. Brewer III reported equity award activity and related share dispositions. Restricted stock units covering 22,466 shares vested and converted into the same number of common shares on February 22, 2026. The company withheld 11,761 shares of common stock at $14.60 per share to cover tax obligations tied to this vesting, which is not an open-market sale. Brewer then transferred 10,705 common shares as a bona fide gift to a family trust, after which those shares are reported as indirectly owned. Additional indirect holdings are listed for family trusts for his spouse and three sons.
Callaway Golf Co director-linked entities reported stock sales. An entity associated with director Erik J. Anderson, WestRiver Management LLC, sold a total of 70,000 shares of Callaway Golf common stock in open-market transactions over three days at weighted-average prices of $13.43, $13.64, and $13.98 per share.
After these sales, WestRiver Management LLC held 690,459 shares. Additional holdings reported include 20,607 shares held directly by Anderson and 40,476 shares held through Anderson Family Investments, LLC. Anderson may be deemed to beneficially own these securities through these entities, while disclaiming beneficial ownership beyond his pecuniary interest.
Callaway Golf Company reported fourth-quarter and full-year 2025 results and detailed a major portfolio reshaping. The company sold Jack Wolfskin and a 60% stake in Topgolf, using proceeds to repay $1 billion of term debt and eliminate Topgolf-related lease liabilities.
Immediately after the Topgolf transaction on January 1 2026, Callaway held about $680 million of cash and $480 million of gross debt, moving into a net cash position. 2025 net sales from continuing operations were $2,060.1 million, down 0.8%, while net income from continuing operations fell to $38.8 million from $93.4 million, and Adjusted EBITDA from continuing operations declined to $222.4 million from $261.2 million, pressured by about $34 million of incremental tariffs and higher incentive compensation.
For 2026, Callaway guides net sales to $1.98 billion–$2.05 billion and Adjusted EBITDA from continuing operations to $170 million–$195 million. The company plans to repay $258 million of convertible notes maturing in May 2026 and begin a $200 million share repurchase program, aiming to remain at net cash to zero net leverage.
Callaway Golf SVP and Chief Accounting Officer Jennifer L. Thomas reported equity compensation activity involving restricted stock units (RSUs). On February 6, 2026, 2,692 RSUs vested and converted into 2,692 shares of common stock at $0 per share, consistent with RSU terms.
The company withheld 1,310 shares at $15.01 per share to cover tax obligations related to the vesting. After these transactions, Thomas directly owned 80,604 shares of Callaway Golf common stock and held 2,692 unvested RSUs from a February 6, 2024 grant that vests in three equal annual installments.
Callaway Golf executive Mark F. Leposky reported equity compensation activity involving restricted stock units and common shares. On February 6, 2026, 10,768 restricted stock units vested and converted into 10,768 shares of Callaway Golf common stock at an exercise price of $0, reflecting stock-based compensation.
To cover tax withholding on this vesting, the company withheld 4,251 shares of common stock at a price of $15.01 per share. After these transactions, Leposky directly beneficially owned 330,013 shares of Callaway Golf common stock and held 10,768 unvested RSUs from the February 6, 2024 grant.
Callaway Golf executive Glenn F. Hickey reported an RSU vesting and related tax withholding. On February 6, 2026, 10,768 restricted stock units converted into an equal number of Callaway common shares. These RSUs were granted on February 6, 2024 and vest in three equal annual installments starting one year after grant.
To cover tax withholding on this vesting, 6,338 common shares were withheld by the company at $15.01 per share. Following these transactions, Hickey directly owns 87,797 shares of Callaway common stock, holds 10,000 shares indirectly through a family trust, and retains 10,768 unvested RSUs from the 2024 grant.
Callaway Golf executive Brian P. Lynch reported equity compensation activity tied to restricted stock units. On February 6, 2026, 16,152 RSUs vested and converted into the same number of shares of common stock at an exercise price of $0 per share. To cover tax withholding on this vesting, 9,236 shares of common stock were withheld by the company at a price of $15.01 per share. After these transactions, Lynch beneficially owned 260,076 shares of common stock directly and 36,575 shares indirectly through a family trust, plus 16,152 unvested RSUs from the February 6, 2024 grant.