Director at Callaway Golf Co (CALY) gains 18,546 shares from RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Callaway Golf Co director Erik J. Anderson reported the vesting of 18,546 Restricted Stock Units that converted into the same number of common shares. The RSUs convert into common stock on a one-for-one basis and were issued at a stated price of $0.00 per share.
Following this vesting, Anderson directly holds 39,153 shares of Callaway common stock. In addition, 580,459 shares are held by WestRiver Management LLC and 40,476 shares are held by Anderson Family Investments LLC, entities of which he is the sole manager; the filing states he may be deemed to beneficially own these securities but disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,546 shares exercised/converted
Mixed
4 txns
Insider
ANDERSON ERIK J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,546 | $0.00 | -- |
| Exercise | Common Stock | 18,546 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 39,153 shares (Direct, null);
Common Stock — 40,476 shares (Indirect, By Anderson Family Investments, LLC)
Footnotes (1)
- Represents the number of shares of common stock issued upon the vesting of Restricted Stock Units ("RSUs"). RSUs convert into common stock on a one-for-one basis. The Reporting Person is the sole member and sole manager of WestRiver Management LLC ("WestRiver Management") and the sole manager of Anderson Family Investments, LLC ("AFI"). As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WestRiver Management, and AFI. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The RSUs were granted on May 29, 2025 and vest in full on the date of the 2026 Annual Meeting of Shareholders.
Key Figures
RSUs vested: 18,546 shares
Direct holdings after transaction: 39,153 shares
WestRiver Management holdings: 580,459 shares
+4 more
7 metrics
RSUs vested
18,546 shares
Restricted Stock Units converting into common stock
Direct holdings after transaction
39,153 shares
Common stock held directly by Erik J. Anderson
WestRiver Management holdings
580,459 shares
Common stock held by WestRiver Management LLC
Anderson Family Investments holdings
40,476 shares
Common stock held by Anderson Family Investments LLC
RSU conversion ratio
1:1
RSUs convert into common stock on a one-for-one basis
Exercise/issue price
$0.00 per share
Stated price for RSUs and resulting common shares
RSU grant date
May 29, 2025
Grant date for the RSUs that later vested
Key Terms
Restricted Stock Units, beneficially own, pecuniary interest
3 terms
Restricted Stock Units financial
"Represents the number of shares of common stock issued upon the vesting of Restricted Stock Units ("RSUs")."
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.
beneficially own financial
"As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WestRiver Management, and AFI."
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein."
FAQ
What insider transaction did Callaway Golf Co (CALY) report for Erik J. Anderson?
Callaway Golf Co reported that director Erik J. Anderson had 18,546 Restricted Stock Units vest into 18,546 shares of common stock. The RSUs converted on a one-for-one basis at a stated price of $0.00 per share, reflecting equity-based compensation rather than an open-market trade.
What indirect Callaway Golf Co (CALY) holdings are associated with Erik J. Anderson?
The filing shows 580,459 Callaway Golf shares held by WestRiver Management LLC and 40,476 shares held by Anderson Family Investments LLC. Anderson is the sole manager of both entities and may be deemed to beneficially own these securities, while disclaiming beneficial ownership except for his pecuniary interest.
How do the Restricted Stock Units convert into Callaway Golf Co (CALY) common stock?
The Restricted Stock Units convert into Callaway Golf common stock on a one-for-one basis. In this filing, 18,546 RSUs converted into 18,546 common shares, with the RSUs and resulting shares both shown at a stated price of $0.00 per unit, consistent with equity compensation awards.
When were the Callaway Golf Co (CALY) RSUs granted and when do they vest?
The filing notes that the RSUs were granted on May 29, 2025 and vest in full on the date of the 2026 Annual Meeting of Shareholders. The reported transaction date reflects the issuance of common shares upon that vesting event under the terms of the original grant.