Tax-withholding share disposition by Acushnet (NYSE: GOLF) executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acushnet Holdings Corp. executive Steven Francis Pelisek reported a tax-related share disposition. On the vesting of previously reported restricted stock units, the issuer withheld 4,042.1330 shares of common stock at $99.5600 per share to cover income tax obligations. Pelisek directly holds 77,163.9910 shares of common stock after this withholding.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pelisek Steven Francis
Role
President-Titleist Golf Clubs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,042.133 | $99.56 | $402K |
Holdings After Transaction:
Common Stock — 77,163.991 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Acushnet (GOLF) report for Steven Francis Pelisek?
Acushnet reported that executive Steven Francis Pelisek had 4,042.1330 common shares withheld. The issuer used these shares to satisfy income tax withholding and remittance obligations tied to the vesting of previously reported restricted stock units.
Was the Acushnet (GOLF) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by Acushnet to cover income tax obligations when restricted stock units vested, according to the filing footnote.
What does transaction code F mean in the Acushnet (GOLF) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. Here, it reflects shares withheld by Acushnet to cover income tax withholding and remittance duties tied to vesting restricted stock units for the reporting executive.