GOLF Form 4: Executive Reports Dividend Equivalent Accrual and Ownership

Rhea-AI Filing Summary

Roland A. Giroux, Executive Vice President, Chief Legal Officer and Corporate Secretary of Acushnet Holdings Corp. (GOLF), reported a transaction dated 09/19/2025 on Form 4. The filing discloses the accrual and acquisition of dividend equivalent rights related to restricted and performance stock units under the issuer's deferred compensation plan. The reported transaction lists a price of $74.48 and shows 61,728.245 shares beneficially owned following the transaction. The explanation clarifies these were dividend equivalent rights tied to the company’s quarterly dividend that accrued to the reporting person.

Positive

• Disclosure of dividend equivalent accrual related to restricted and performance stock units provides transparency into executive compensation.
• Post-transaction beneficial ownership figure of 61,728.245 shares is reported, giving clear ownership context.

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider received dividend-equivalent rights, modestly increasing beneficial ownership; transaction appears routine and non-material to valuation.

The Form 4 documents an internal compensation-related accrual rather than an open-market purchase or sale. The key data points are the accrual of dividend equivalent rights on restricted and performance stock units and the post-transaction beneficial ownership of 61,728.245 shares. The reported price of $74.48 likely reflects the dividend equivalent valuation for this accrual. For investors, this represents compensation mechanics and not a signal of open-market trading intent.

Corporate Governance Expert

TL;DR: Disclosure aligns with executive compensation reporting; transaction appears consistent with deferred compensation plan mechanics.

The filing identifies the reporting person’s role and the nature of the accrual: dividend equivalent rights on restricted and performance stock units under the issuer’s deferred compensation plan. The explicit labeling and the explanatory note satisfy disclosure norms for Section 16 insiders. There is no indication of unusual timing, related-party issues, or disposals; the event is administrative and governance-compliant.

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

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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^*

Giroux Roland A

(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)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025

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	09/19/2025		A		156.11(1)	A	$74.48	61,728.245	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 dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the Reporting Person on restricted and performance stock units under the Issuer's deferred compensation plan.

Remarks:

Title: Executive Vice President, Chief Legal Officer and Corporate Secretary

	/s/ Chad M. Van Ess, as attorney-in-fact	09/23/2025
	** 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 did Roland A. Giroux report on the Form 4 for GOLF?

The Form 4 reports the accrual and acquisition of dividend equivalent rights on restricted and performance stock units under Acushnet's deferred compensation plan dated 09/19/2025.

How many shares does the filing show beneficially owned after the transaction for GOLF insider?

The filing shows 61,728.245 shares beneficially owned following the reported transaction.

What price is shown on the Form 4 transaction for GOLF?

The reported price associated with the transaction is $74.48.

What type of securities generated the reported dividend equivalent rights?

The dividend equivalent rights accrued on the issuer's restricted stock units and performance stock units under the deferred compensation plan.

What is Roland Giroux's title at Acushnet Holdings Corp. as stated in the filing?

The filing lists his title as Executive Vice President, Chief Legal Officer and Corporate Secretary.