What does the share grant to Acushnet (GOLF) executive John Francis Duke Jr. represent?

The 12,361.1400 Acushnet common shares reported for John Francis Duke Jr. represent shares received upon settlement of a performance stock unit award. This non-cash equity transaction compensates the executive based on prior performance criteria set under the company’s incentive arrangements.

Acushnet (NYSE: GOLF) executive receives stock award with shares withheld for taxes

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Acushnet Holdings Corp. reported that President-Golf Gear John Francis Duke Jr. received a grant of 12,361.1400 shares of common stock on 2026-03-03, representing settlement of a performance stock unit award. In a related transaction, 5,845.5640 shares at $102.3300 per share were withheld by the issuer to cover income tax obligations on the vesting. After these transactions, Duke directly held 149,171.0740 shares of common stock.

Insider Trade Summary

Net Buyer: 6,515.576 shares

Net Buy 2 txns

Insider Duke John Francis JR

Role President-Golf Gear

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	12,361.14	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	5,845.564	$102.33	$598K

Holdings After Transaction: Common Stock — 149,171.074 shares (Direct)

Footnotes (2)

F1. Represents shares received upon settlement of a performance stock unit award.
F2. Reflects shares withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of the performance stock until award reported herein.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/05/2026 - 04:10 PM

FAQ

What insider transactions did Acushnet (GOLF) report for John Francis Duke Jr.?

Acushnet reported that President-Golf Gear John Francis Duke Jr. received 12,361.1400 common shares from settlement of a performance stock unit award, and 5,845.5640 shares were withheld by the issuer to satisfy income tax obligations tied to the award’s vesting.

How many Acushnet (GOLF) shares does John Francis Duke Jr. hold after this Form 4?

After the reported transactions, John Francis Duke Jr. directly holds 149,171.0740 shares of Acushnet common stock. This figure reflects both the performance stock unit settlement and the shares withheld by the issuer to cover related income tax obligations.

Why were some Acushnet (GOLF) shares disposed of in John Francis Duke Jr.’s Form 4?

The disposition of 5,845.5640 shares at $102.3300 per share reflects shares withheld by Acushnet to satisfy its income tax withholding and remittance obligations in connection with the vesting of the performance stock unit award reported in the same Form 4 filing.

Was the Acushnet (GOLF) Form 4 for John Francis Duke Jr. an open-market sale?

The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by Acushnet to cover income tax obligations tied to the vesting of a performance stock unit award, rather than being sold at the executive’s discretion on the open market.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Duke John Francis JR

(Last)

(First)

(Middle)

C/O ACUSHNET HOLDINGS CORP.,

333 BRIDGE STREET

(Street)

FAIRHAVEN

02719

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Acushnet Holdings Corp. [ GOLF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President-Golf Gear

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/03/2026		A		12,361.14⁽¹⁾	A	$0	155,016.638	D
Common Stock	03/03/2026		F		5,845.564⁽²⁾	D	$102.33	149,171.074	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares received upon settlement of a performance stock unit award.

2. Reflects shares withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of the performance stock until award reported herein.

	/s/ Chad M. Van Ess, as attorney-in-fact	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR