[Form 4] Acushnet Holdings Corp. Insider Trading Activity

Rhea-AI Filing Summary

Acushnet Holdings Corp. (GOLF) Form 4: The reporting person, David E. Maher (President and CEO and Director), received 2,466.32 shares on 09/19/2025 at a reported price of $74.48 per share. The filing states these represent dividend equivalent rights that accrued on restricted and performance stock units under the company's deferred compensation plan. After the transaction, the reporting person beneficially owned 903,551.986 shares. The form was signed by an attorney-in-fact on 09/23/2025.

Positive

• Transparent disclosure of dividend equivalent accruals to the CEO's restricted and performance stock units, increasing beneficial ownership
• Insider alignment: accrual to equity-linked awards reinforces alignment of executive compensation with shareholder value

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine accrual of dividend equivalents to CEO's restricted and performance units, increasing beneficial ownership modestly.

The transaction is described as dividend equivalent rights credited to restricted and performance stock units, a common deferred compensation mechanism that preserves economic parity between cash dividends and equity-based awards. The number of shares credited (2,466.32) is small relative to the reported post-transaction holding (903,551.986), indicating this is a routine compensation-related allocation rather than a market purchase or sale. Governance implications are limited: the filing documents transparency of insider holdings and compensation mechanics without signaling a material change in control or strategy.

Securities Analyst

TL;DR: Non-market issuance increased insider stake slightly; not material to valuation or share float.

The form shows an A (acquisition) code tied to dividend equivalents for deferred equity awards, not an open-market transaction. The disclosed per-share price ($74.48) reflects the dividend-equivalent valuation rather than a trading activity. Given the modest share amount versus total beneficial ownership, the effect on outstanding float and immediate investor valuation is negligible. The disclosure is useful for tracking insider alignment with shareholder interests but is not a material liquidity or control event.

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
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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)
09/19/2025

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	09/19/2025		A		2,466.32(1)	A	$74.48	903,551.986	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	09/23/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did David E. Maher report on Form 4 for GOLF?

The filing reports an acquisition of 2,466.32 shares on 09/19/2025 recorded as dividend equivalent rights credited to restricted and performance stock units.

How many shares does the reporting person own after this Form 4 transaction?

After the transaction the reporting person beneficially owned 903,551.986 shares.

What was the reported price per share for the Form 4 entry?

The transaction lists a price of $74.48 per share associated with the dividend equivalent accrual.

What is the reporting person's role at Acushnet Holdings Corp. (GOLF)?

David E. Maher is listed as both a Director and as an Officer (President and CEO) of the issuer.

Was this Form 4 a market purchase or part of a compensation plan?

The filing states the shares represent dividend equivalent rights tied to restricted and performance stock units under the company's deferred compensation plan, not an open-market trade.