Acushnet (GOLF) accounting chief awarded 1,191 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acushnet Holdings Corp. reported an equity award to a senior officer. Principal Accounting Officer Mohamed Nicholas N acquired 1,191 shares of Acushnet common stock on a grant basis at a price of $0 per share. The award is structured as restricted stock units that convert into common stock over time.
According to the filing, one-third of the restricted stock units vests on each of February 1, 2027, February 1, 2028, and February 1, 2029, tying the officer’s compensation to multi‑year service. After this grant, Nicholas beneficially owns 4,754 shares of Acushnet common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mohamed Nicholas N
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,191 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,754 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Mohamed Nicholas report at Acushnet (GOLF)?
Mohamed Nicholas reported an acquisition of 1,191 shares of Acushnet common stock via a grant of restricted stock units. These equity awards represent part of his compensation as Principal Accounting Officer and are designed to vest over several years, encouraging long-term alignment.
What is the vesting schedule of the restricted stock units granted to Mohamed Nicholas?
The restricted stock units vest in three equal annual installments. One-third vests on February 1, 2027, another third on February 1, 2028, and the final third on February 1, 2029, providing a long-term incentive structure for the Principal Accounting Officer.
What transaction code is used in this Acushnet (GOLF) Form 4 filing?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition of securities. In this case, it reflects a grant of 1,191 restricted stock units that will convert into common stock as they vest over the 2027–2029 period.
What role does Mohamed Nicholas hold at Acushnet (GOLF) according to this filing?
The filing identifies Mohamed Nicholas as an officer of Acushnet Holdings Corp. with the title Principal Accounting Officer. This position typically oversees financial reporting and accounting functions, and the equity grant aligns his compensation with Acushnet’s future performance.