Acushnet (NYSE: GOLF) executive receives stock award with shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
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 | -- |
| Tax Withholding | Common Stock | 5,845.564 | $102.33 | $598K |
Holdings After Transaction:
Common Stock — 155,016.638 shares (Direct)
Footnotes (1)
- Represents shares received upon settlement of a performance stock unit award. 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.
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.
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.