Acushnet director granted 1,767 common shares
Lee Ho Yeon (Aaron) reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lee Ho Yeon (Aaron) reported acquisition or exercise transactions in this Form 4 filing.
Acushnet Holdings Corp. director and ten percent owner Lee Ho Yeon (Aaron) reported an equity award of Acushnet common stock. He received a grant of 1,767 shares of common stock at $90.52 per share, increasing his direct holdings to 11,227 shares.
The filing also reports 29,523,653 shares of common stock held indirectly through Magnus Holdings Co., Ltd., a subsidiary of Misto Holdings Corp. Lee is the Chief Financial Officer of Misto Holdings and may be deemed a beneficial owner of these shares but disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,767 shares
Grant/Award
2 txns
Insider
Lee Ho Yeon (Aaron)
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,767 | $90.52 | $160K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,227 shares (Direct);
Common Stock — 29,523,653 shares (Indirect, See footnote)
Footnotes (1)
- F1. These shares are held directly by Magnus Holdings Co., Ltd., a subsidiary of Misto Holdings Corp. The reporting person is the Chief Financial Officer of Misto Holdings Corp. and may be deemed to be the beneficial owner and have voting and dispositive power with respect to the shares held by Magnus Holdings Co., Ltd. The reporting person disclaims beneficial ownership over the shares of Issuer common stock held by Magnus Holdings Co., Ltd., except to the extent of his pecuniary interest therein.
Key Figures
Shares granted: 1,767 shares
Grant price: $90.52 per share
Direct holdings after grant: 11,227 shares
+1 more
4 metrics
Shares granted
1,767 shares
Common stock grant coded as acquisition (A)
Grant price
$90.52 per share
Price for awarded common stock
Direct holdings after grant
11,227 shares
Common stock directly held by Lee Ho Yeon
Indirect holdings via Magnus
29,523,653 shares
Common stock held by Magnus Holdings Co., Ltd.
Key Terms
Grant, award, or other acquisition, beneficial owner, pecuniary interest, indirect ownership, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
beneficial owner financial
"may be deemed to be the beneficial owner and have voting"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
pecuniary interest financial
"disclaims beneficial ownership ... except to the extent of his pecuniary interest therein"
indirect ownership financial
"ownership_type: indirect; nature_of_ownership: See footnote"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Acushnet (GOLF) director Lee Ho Yeon report in this Form 4?
Lee Ho Yeon reported an equity award of Acushnet common stock. He received 1,767 shares as a grant, recorded as an acquisition rather than an open-market purchase, and updated his direct and indirect ownership positions in the company’s common stock.
What indirect Acushnet (GOLF) holdings are associated with Lee Ho Yeon?
The filing lists 29,523,653 Acushnet shares held indirectly. These are held by Magnus Holdings Co., Ltd., a subsidiary of Misto Holdings Corp., where Lee serves as CFO, and he may be deemed a beneficial owner subject to his pecuniary interest.
What does transaction code A mean in the Acushnet (GOLF) Form 4 filing?
Transaction code A indicates a grant, award, or other acquisition. In this case, it reflects 1,767 Acushnet common shares awarded to Lee Ho Yeon, typically as part of compensation, rather than shares bought or sold in the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
