Officer at Acushnet Holdings (NYSE: GOLF) has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acushnet Holdings Corp. reported an insider tax-related share disposition by its Principal Accounting Officer, Nicholas N. Mohamed. On the transaction date, the issuer withheld 933.046 shares of common stock at $99.56 per share to cover income tax obligations tied to the vesting of previously granted restricted stock units.
After this tax-withholding disposition, Mohamed directly held 3,820.954 shares of Acushnet common stock. The transaction was coded “F,” indicating shares delivered to the issuer for payment of tax liabilities rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mohamed Nicholas N
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 933.046 | $99.56 | $93K |
Holdings After Transaction:
Common Stock — 3,820.954 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Acushnet Holdings (GOLF) report for Nicholas N. Mohamed?
Acushnet reported a tax-related share disposition for Nicholas N. Mohamed. The issuer withheld 933.046 common shares at $99.56 per share to satisfy income tax obligations from vesting restricted stock units, a standard Form 4 code “F” transaction rather than an open-market sale.
Was the Acushnet (GOLF) Form 4 transaction an open-market sale by the officer?
No, the transaction was not an open-market sale. The Form 4 shows a code “F” tax-withholding disposition, where 933.046 shares were withheld by the issuer solely to satisfy income tax obligations from restricted stock unit vesting, rather than being sold on the open market.