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Acushnet Holdings (NYSE: GOLF) CFO reports stock award and tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Acushnet Holdings Corp. Executive Vice President and CFO Sean S. Sullivan reported two common stock transactions. He acquired 32,799.9700 shares on March 3, 2026, representing shares received upon settlement of a performance stock unit award.

On the same date, 15,858.7860 shares were disposed of at $102.3300 per share, reflecting shares withheld by the issuer to cover income tax withholding and remittance obligations tied to the vesting of this award. Following these transactions, Sullivan directly owned 112,531.0670 shares of common stock.

Positive

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Insider Sullivan Sean S
Role Executive Vice President, CFO
Type Security Shares Price Value
Grant/Award Common Stock 32,799.97 $0.00 --
Tax Withholding Common Stock 15,858.786 $102.33 $1.62M
Holdings After Transaction: Common Stock — 128,389.853 shares (Direct)
Footnotes (1)
  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.
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*
Sullivan Sean S

(Last) (First) (Middle)
C/O ACUSHNET HOLDINGS CORP.,
333 BRIDGE STREET

(Street)
FAIRHAVEN MA 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)
Executive Vice President, CFO
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)
Code V Amount (A) or (D) Price
Common Stock 03/03/2026 A 32,799.97(1) A $0 128,389.853 D
Common Stock 03/03/2026 F 15,858.786(2) D $102.33 112,531.067 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
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.

FAQ

What insider transactions did Acushnet (GOLF) CFO Sean Sullivan report?

Sean S. Sullivan reported receiving 32,799.9700 Acushnet common shares from settlement of a performance stock unit award and a related disposition of 15,858.7860 shares withheld by the issuer to satisfy income tax withholding and remittance obligations tied to that vesting event.

Were Sean Sullivan’s Acushnet (GOLF) transactions open-market buys or sells?

The reported transactions were not open-market trades. Sullivan acquired shares through settlement of a performance stock unit award, and shares were disposed of solely as tax-withholding by the issuer to meet income tax and remittance obligations connected to the vesting of that award.

How many Acushnet (GOLF) shares did the CFO receive from the stock unit award?

Sean S. Sullivan received 32,799.9700 shares of Acushnet common stock upon settlement of a performance stock unit award. This equity-based compensation increased his direct holdings before accounting for shares that were simultaneously withheld by the issuer to cover associated income tax obligations.

How many Acushnet (GOLF) shares were withheld for taxes in the CFO’s Form 4?

A total of 15,858.7860 Acushnet common shares were withheld at $102.3300 per share. The issuer used these shares to satisfy its income tax withholding and remittance obligations that arose when Sean S. Sullivan’s performance stock unit award vested and settled in common stock.

What is Sean Sullivan’s direct Acushnet (GOLF) share ownership after these transactions?

After the reported grant and tax-withholding disposition, Sean S. Sullivan directly owned 112,531.0670 shares of Acushnet common stock. This figure reflects his holdings following settlement of the performance stock unit award and the issuer’s share withholding for related income tax obligations.

What do the performance stock unit and tax-withholding entries mean for Acushnet (GOLF) investors?

The Form 4 shows equity compensation mechanics: a performance stock unit award settled into 32,799.9700 shares, while 15,858.7860 shares were withheld at $102.3300 for taxes. These entries document compensation and tax treatment rather than discretionary market purchases or sales of Acushnet stock.