[Form 4] Topgolf Callaway Brands Corp. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Topgolf Callaway Brands Corp. executive Rebecca Fine, EVP Global CPO, reported multiple restricted stock unit (RSU) vestings and related share withholdings on December 31, 2025. Several RSU grants vested and converted into common stock on a one-for-one basis, including tranches of 4,355, 16,152, 34,092 and 17,317 shares. In connection with these vestings, the company withheld 1,061, 3,934, 11,002 and 6,815 shares of common stock at $11.67 per share to cover tax obligations. Following all reported transactions, Fine directly holds 123,861 shares of Topgolf Callaway common stock. The filing notes that these vestings were accelerated or adjusted under the terms of her separation from the company, effective December 31, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
71,916 shares exercised/converted
Mixed
12 txns
Insider
Fine Rebecca
Role
EVP, Global CPO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,355 | $0.00 | -- |
| Exercise | Restricted Stock Units | 16,152 | $0.00 | -- |
| Exercise | Restricted Stock Units | 34,092 | $0.00 | -- |
| Exercise | Restricted Stock Units | 17,317 | $0.00 | -- |
| Exercise | Common Stock | 4,355 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,061 | $11.67 | $12K |
| Exercise | Common Stock | 16,152 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,934 | $11.67 | $46K |
| Exercise | Common Stock | 34,092 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,002 | $11.67 | $128K |
| Exercise | Common Stock | 17,317 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,815 | $11.67 | $80K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 79,112 shares (Direct)
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. Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting. Per the terms of the reporting persons' separation from the Company, her restricted stock units have fully vested effective December 31, 2025, relating to the 4,355 restricted stock units which were originally scheduled to vest on February 22, 2026. Per the terms of the reporting persons' separation from the Company, her restricted stock units have fully vested effective December 31, 2025, relating to the 16,152 restricted stock units which were originally scheduled to vest on February 6, 2026 and February 6, 2027. Per the terms of the reporting persons' separation from the Company, her restricted stock units have partially vested effective December 31, 2025, relating to the 34,092 restricted stock units which were originally scheduled to vest on March 14, 2026 and March 14, 2027. Per the terms of the reporting persons' separation from the Company, her restricted stock units have fully vested effective December 31, 2025, relating to the 17,317 restricted stock units which were originally scheduled to vest on August 26, 2026.
