Acushnet exec reports tax-share withholding
Acushnet Holdings Corp. executive Duke John Francis JR reported a tax-withholding disposition of common stock related to vesting equity awards.
Rhea-AI Filing Summary
Acushnet Holdings Corp. executive Duke John Francis JR reported a tax-withholding disposition of common stock related to vesting equity awards. On this Form 4, 1,680.508 shares were withheld at $99.5600 per share to satisfy income tax obligations, leaving him with 142,655.498 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,680.508 shares
Exercise Price or Tax Liability
1 txn
Insider
Duke John Francis JR
Role
President-Golf Gear
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,680.508 | $99.56 | $167K |
Holdings After Transaction:
Common Stock — 142,655.498 shares (Direct)
Footnotes (1)
- F1. Reflects shares withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of previously reported restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Acushnet (GOLF) executive Duke John Francis JR report?
He reported a tax-withholding share disposition, not an open-market sale. The issuer withheld 1,680.508 common shares to cover income tax obligations from vesting restricted stock units, leaving him with 142,655.498 directly held shares afterward.
What does transaction code F mean in the Acushnet (GOLF) Form 4?
Transaction code F indicates a tax-related disposition of shares. In this case, Acushnet withheld common stock to pay income tax liabilities on vesting restricted stock units, rather than the executive selling shares in the open market for cash proceeds.
AI-generated analysis. How Rhea-AI works. Not financial advice.