[Form 4] Acushnet Holdings Corp. Insider Trading Activity

Rhea-AI Filing Summary

On June 20, 2025, Acushnet Holdings Corp. (GOLF) President & CEO David Eugene Maher recorded an automatic acquisition of 2,570.74 shares of common stock, according to a Form 4 filed on June 24, 2025. The transaction was coded “A” (acquired) and linked to dividend-equivalent rights that accrue quarterly on previously granted restricted and performance stock units through the company’s deferred compensation plan. The reference price listed for the credit is $71.22 per share.

Following this credit, Maher’s direct beneficial ownership stands at 901,085.666 shares. The filing reports no dispositions, derivative exercises, or 10b5-1 plan activity, and all shares remain under direct ownership. No other insiders were included in the submission, and there were no changes to derivative positions.

This Form 4 represents a routine, non-cash adjustment rather than an open-market purchase, offering limited insight into future corporate strategy or near-term financial performance. Investors may view the update primarily as an administrative reflection of dividend-equivalent accruals for the company’s top executive.

Positive

• CEO ownership increased by 2,570.74 shares, now totaling 901,085.666 shares.
• No shares were sold or disposed in the reported period.

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine dividend-equivalent share credit, 2,571 shares added, no sales; neutral for valuation.

The filing shows CEO David Maher received 2,570.74 dividend-equivalent shares at a stated $71.22 reference price, lifting direct holdings to 901,085.666 shares. Because the shares were not bought on the open market, the transaction does not represent fresh capital outlay or a discretionary vote of confidence. No derivative activity, 10b5-1 plan usage, or sales occurred, and the increase is immaterial relative to Acushnet’s ~67 million share count. As such, the event is administratively important but not materially impactful for valuation or liquidity.

Corporate Governance Expert

TL;DR: Standard insider dividend credit; governance impact minimal; disclosure meets Section 16 requirements.

The Form 4 complies with Section 16(a) timing—filed within two business days. The acquisition is mandated by the deferred compensation plan, signalling no change in control dynamics or insider sentiment. Maher’s status as both Director and CEO remains unchanged, and ownership structure continues to be transparent. Governance risk is unchanged; therefore, the disclosure is considered routine with no red flags.

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^*

Maher David Eugene

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

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	06/20/2025		A		2,570.74(1)	A	$71.22	901,085.666	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.

	/s/ Chad M. Van Ess, as attorney-in-fact	06/24/2025
	** 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.
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FAQ

How many shares did GOLF CEO David Maher acquire according to the June 24, 2025 Form 4?

2,570.74 shares of common stock were credited as dividend-equivalent rights.

What is David Maher’s total direct beneficial ownership after this transaction?

His direct holdings increased to 901,085.666 shares.

What was the transaction type reported in Acushnet’s Form 4?

The transaction was coded “A” for acquisition via dividend-equivalent rights under a deferred compensation plan.

Was any stock sold by the CEO in this Form 4 filing?

No. The filing reports no sales or dispositions of shares.

Did the Form 4 mention a 10b5-1 trading plan?

No. The filing does not indicate use of a Rule 10b5-1(c) trading plan.