Acushnet Holdings Corp. (GOLF) CEO receives dividend-based share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acushnet Holdings Corp. reported that President and CEO David Eugene Maher acquired 2,353.66 shares of common stock on account of dividend equivalent rights at a price of $89.33 per share. Following this award, he directly holds 929,772.67 shares of Acushnet common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maher David Eugene
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,353.66 | $89.33 | $210K |
Holdings After Transaction:
Common Stock — 929,772.67 shares (Direct)
Footnotes (1)
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FAQ
What did Acushnet (GOLF) CEO David Maher report in this Form 4?
David Maher reported acquiring 2,353.66 shares of Acushnet common stock. The acquisition reflects dividend equivalent rights credited in connection with the company’s quarterly dividend on restricted and performance stock units under Acushnet’s deferred compensation plan.
Was the Acushnet (GOLF) CEO’s Form 4 transaction an open-market stock purchase?
No, the transaction was not an open-market purchase. It is classified as a grant or award acquisition, representing dividend equivalent rights that accrued on restricted and performance stock units within Acushnet’s deferred compensation plan, rather than a discretionary market buy.
What are the dividend equivalent rights mentioned in the Acushnet (GOLF) filing?
The filing states that the reported shares represent dividend equivalent rights. These rights accrued to David Maher in connection with Acushnet’s quarterly dividend on his restricted and performance stock units under the company’s deferred compensation plan.
Is the Acushnet (GOLF) CEO’s ownership direct or indirect after this award?
The Form 4 indicates that David Maher’s ownership of the 929,772.67 Acushnet common shares is direct. The transaction is coded as direct ownership, with no indication of intermediary entities such as trusts, partnerships, or other indirect holding structures.