Acushnet (NYSE: GOLF) director granted 76.31 shares via dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acushnet Holdings Corp. director Gregory A. Hewett received a small stock-based award linked to dividend equivalents. On the reported date, he acquired 76.31 shares of common stock at a reference value of $107.09 per share as a grant or award, not an open-market trade.
These shares represent dividend equivalent rights that accrued on restricted stock units deferred under Acushnet’s deferred compensation plan. Following this award, Hewett directly holds a total of 38,951.99 shares of Acushnet common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hewett Gregory A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 76.31 | $107.09 | $8K |
Holdings After Transaction:
Common Stock — 38,951.99 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 76.31 shares
Reference price per share: $107.09 per share
Shares owned after transaction: 38,951.99 shares
+1 more
4 metrics
Shares granted
76.31 shares
Dividend equivalent rights on deferred RSUs
Reference price per share
$107.09 per share
Value associated with the 76.31-share award
Shares owned after transaction
38,951.99 shares
Direct Acushnet common stock holdings after award
Acquisition transactions in filing
1 acquisition
Grant, award, or other acquisition reported
Key Terms
dividend equivalent rights, restricted stock units, deferred compensation plan, Grant, award, or other acquisition
4 terms
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"accrued to the Reporting Person on restricted stock units deferred"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred compensation plan financial
"restricted stock units deferred under the Issuer's deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did Acushnet (GOLF) director Gregory Hewett report in this Form 4?
Gregory A. Hewett reported receiving 76.31 shares of Acushnet common stock as a grant or award. The award reflects dividend equivalent rights on deferred restricted stock units under a company compensation plan.
Was the Acushnet (GOLF) Form 4 a stock purchase or sale?
The Form 4 reflects an acquisition by grant, not an open-market trade. Hewett received 76.31 shares as dividend equivalent rights tied to deferred restricted stock units, rather than buying or selling shares in the market.
What are dividend equivalent rights mentioned in the Acushnet (GOLF) Form 4?
Dividend equivalent rights give holders of certain stock units credits similar to cash dividends. In this case, the credits accrued on Hewett’s deferred restricted stock units and were paid in the form of 76.31 additional Acushnet common shares.
Does the Acushnet (GOLF) Form 4 indicate a change in insider sentiment?
The filing reflects a routine compensation-related award rather than a discretionary trade. Because the 76.31 shares came from dividend equivalent rights, it provides limited insight into Hewett’s personal view on Acushnet’s stock.