Dividend equivalents boost Acushnet (GOLF) director’s deferred stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hewett Gregory A. reported acquisition or exercise transactions in this Form 4 filing.
Acushnet Holdings Corp. director Gregory A. Hewett received 91.21 shares worth $89.33 each as a stock-based compensation accrual tied to the company’s quarterly dividend. These dividend-equivalent rights were credited on restricted stock units deferred under the company’s deferred compensation plan, bringing his direct holdings to 37,108.68 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hewett Gregory A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 91.21 | $89.33 | $8K |
Holdings After Transaction:
Common Stock — 37,108.68 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Acushnet Holdings (GOLF) director Gregory Hewett report?
Director Gregory A. Hewett reported an acquisition of 91.21 shares of Acushnet common stock. These shares represent dividend-equivalent rights credited on restricted stock units deferred under the company’s deferred compensation plan, rather than an open-market purchase of stock.
Was Gregory Hewett’s GOLF transaction a market buy or stock grant?
The transaction was a stock-based grant, not a market buy. Hewett received dividend-equivalent rights that accrued on restricted stock units deferred under Acushnet’s deferred compensation plan in connection with the company’s quarterly dividend, reflecting routine compensation treatment.
What does the footnote in Gregory Hewett’s Acushnet (GOLF) Form 4 explain?
The footnote explains that the reported 91.21 shares are dividend-equivalent rights. They accrued on restricted stock units deferred under Acushnet’s deferred compensation plan and were credited in connection with the issuer’s quarterly dividend, clarifying the transaction as compensation-related rather than a discretionary trade.
Does Gregory Hewett’s GOLF Form 4 indicate any stock sales or disposals?
The Form 4 does not show any sales or disposals. It reports only an acquisition coded as a grant or award, reflecting dividend-equivalent rights credited on deferred restricted stock units, which slightly increased Hewett’s direct share ownership in Acushnet Holdings.