Acushnet EVP has shares withheld for RSU taxes
Acushnet Holdings Corp. Executive Vice President and CFO Sean S. Sullivan reported a tax-related share withholding tied to vesting of restricted stock units.
Rhea-AI Filing Summary
Acushnet Holdings Corp. Executive Vice President and CFO Sean S. Sullivan reported a tax-related share withholding tied to vesting of restricted stock units. On this transaction, 6,615 shares of common stock were withheld by the company at $99.56 per share to cover income tax obligations, leaving him with 95,590 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 6,615.277 shares
Exercise Price or Tax Liability
1 txn
Insider
Sullivan Sean S
Role
Executive Vice President, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,615.277 | $99.56 | $659K |
Holdings After Transaction:
Common Stock — 95,589.883 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) report for Sean S. Sullivan?
Acushnet reported a tax-withholding disposition for Executive Vice President and CFO Sean S. Sullivan. On the vesting of previously granted restricted stock units, 6,615 common shares were withheld by the company to satisfy income tax obligations rather than being sold on the open market.
Was the Acushnet (GOLF) Form 4 transaction an open-market sale by the CFO?
No, the transaction was not an open-market sale. The Form 4 describes shares withheld by Acushnet to cover income tax obligations from restricted stock unit vesting, a common administrative disposition, rather than a discretionary sale initiated by Executive Vice President and CFO Sean S. Sullivan.
AI-generated analysis. How Rhea-AI works. Not financial advice.