Welcome to our dedicated page for Topgolf Callaway Brands Ord Shs SEC filings (Ticker: MODG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Topgolf Callaway Brands Corp. (NYSE: MODG) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including Current Reports on Form 8-K and other key documents filed with the U.S. Securities and Exchange Commission. These filings explain material events, financial results, governance changes and significant transactions affecting the Modern Golf and active lifestyle business.
For Topgolf Callaway Brands, recent 8-K filings document the agreement and completion of the sale of a 60% stake in the Topgolf and Toptracer businesses to an affiliate of Leonard Green & Partners, L.P., including details on the equity purchase agreement, expected and realized net proceeds, governance structure for Topgolf Topco, LLC and related transfer and consent rights. Other 8-Ks discuss quarterly financial results, changes in directors, and participation in investor events, giving investors insight into both operations and board-level developments.
Through this page, you can track how the company reports segment performance for Topgolf, Golf Equipment and Active Lifestyle, how it describes non-GAAP measures such as Adjusted EBITDA, and how it discusses liquidity, debt repayment and capital allocation decisions like stock repurchase authorizations. Filings also capture information about licensing arrangements, brand portfolio changes and the planned corporate name and ticker symbol change to Callaway Golf Company (NYSE: CALY).
Stock Titan enhances these filings with AI-powered summaries that highlight the main points of lengthy documents, helping readers quickly understand the implications of new 8-Ks, 10-K annual reports, 10-Q quarterly reports and Form 4 insider transaction filings when they are available. Real-time updates from EDGAR ensure that new disclosures for MODG appear promptly, while AI analysis helps interpret complex sections, such as transaction terms, segment commentary and risk-related language, in a more accessible way.
Callaway Golf Co director Erik J. Anderson reported an indirect sale of company stock through an affiliated entity. On February 23, 2026, WestRiver Management, LLC, an entity for which Anderson is sole member and manager, sold 10,000 shares of Callaway Golf common stock at an average price of $13.822 per share in an open-market transaction, leaving 680,459 shares held indirectly through WestRiver Management.
Following this transaction, Anderson also reported 20,607 shares of Callaway Golf common stock held directly and 40,476 shares held indirectly through Anderson Family Investments, LLC. According to the filing, Anderson may be deemed to beneficially own the securities held by these entities, but he disclaims beneficial ownership except to the extent of his pecuniary interest.
Callaway Golf Co senior vice president and chief accounting officer Jennifer L. Thomas reported the vesting of restricted stock units into 1,555 shares of common stock. These RSUs were granted on February 22, 2023 and vest in three equal annual installments beginning on the first anniversary of the grant date.
RSUs convert into common stock on a one-for-one basis. Of the vested shares, 757 shares of common stock were withheld by the company at $14.60 per share to satisfy tax withholding obligations. After these transactions, Thomas directly owned 81,402 shares of Callaway Golf common stock.
Callaway Golf Co executive Mark F. Leposky reported RSU vesting and related tax withholding. On February 22, he converted 6,221 restricted stock units into the same number of common shares at no exercise price. The company withheld 2,189 shares at $14.60 per share to cover taxes, leaving him with 334,045 common shares held directly.
Callaway Golf EVP & President, Callaway Sales, Glenn F. Hickey reported RSU vesting and related share withholding. On February 22, he exercised 6,221 restricted stock units, converting them into 6,221 shares of common stock on a one-for-one basis. To satisfy tax withholding on this vesting, 3,395 shares were disposed of at $14.60 per share. Following these transactions, he directly held 90,623 common shares, with an additional 10,000 shares held indirectly by a family trust. These RSUs were originally granted on February 22, 2023 and vest in three equal annual installments beginning on the first anniversary of the grant date.
Callaway Golf Co EVP and CFO Brian P. Lynch reported the vesting of 9,332 restricted stock units, which converted one-for-one into common shares. To cover taxes on this vesting, 5,038 shares of common stock were withheld by the company at $14.60 per share.
After these transactions, Lynch holds 264,370 shares of Callaway Golf common stock directly and an additional 36,575 shares indirectly through a family trust.
Callaway Golf Co director and CEO Oliver G. Brewer III reported equity award activity and related share dispositions. Restricted stock units covering 22,466 shares vested and converted into the same number of common shares on February 22, 2026. The company withheld 11,761 shares of common stock at $14.60 per share to cover tax obligations tied to this vesting, which is not an open-market sale. Brewer then transferred 10,705 common shares as a bona fide gift to a family trust, after which those shares are reported as indirectly owned. Additional indirect holdings are listed for family trusts for his spouse and three sons.
Callaway Golf Co director-linked entities reported stock sales. An entity associated with director Erik J. Anderson, WestRiver Management LLC, sold a total of 70,000 shares of Callaway Golf common stock in open-market transactions over three days at weighted-average prices of $13.43, $13.64, and $13.98 per share.
After these sales, WestRiver Management LLC held 690,459 shares. Additional holdings reported include 20,607 shares held directly by Anderson and 40,476 shares held through Anderson Family Investments, LLC. Anderson may be deemed to beneficially own these securities through these entities, while disclaiming beneficial ownership beyond his pecuniary interest.
Callaway Golf Company reported fourth-quarter and full-year 2025 results and detailed a major portfolio reshaping. The company sold Jack Wolfskin and a 60% stake in Topgolf, using proceeds to repay $1 billion of term debt and eliminate Topgolf-related lease liabilities.
Immediately after the Topgolf transaction on January 1 2026, Callaway held about $680 million of cash and $480 million of gross debt, moving into a net cash position. 2025 net sales from continuing operations were $2,060.1 million, down 0.8%, while net income from continuing operations fell to $38.8 million from $93.4 million, and Adjusted EBITDA from continuing operations declined to $222.4 million from $261.2 million, pressured by about $34 million of incremental tariffs and higher incentive compensation.
For 2026, Callaway guides net sales to $1.98 billion–$2.05 billion and Adjusted EBITDA from continuing operations to $170 million–$195 million. The company plans to repay $258 million of convertible notes maturing in May 2026 and begin a $200 million share repurchase program, aiming to remain at net cash to zero net leverage.
Callaway Golf SVP and Chief Accounting Officer Jennifer L. Thomas reported equity compensation activity involving restricted stock units (RSUs). On February 6, 2026, 2,692 RSUs vested and converted into 2,692 shares of common stock at $0 per share, consistent with RSU terms.
The company withheld 1,310 shares at $15.01 per share to cover tax obligations related to the vesting. After these transactions, Thomas directly owned 80,604 shares of Callaway Golf common stock and held 2,692 unvested RSUs from a February 6, 2024 grant that vests in three equal annual installments.
Callaway Golf Company’s large shareholder PEP TG Investments LP amended its ownership report after a major share sale. On January 26, 2026, PEP TG Investments LP sold 10,000,000 Callaway Golf common shares at $14.70 per share in a Rule 144 broker-dealer transaction.
After this sale, PEP TG Investments LP directly holds 11,305,290 common shares, representing about 6.1% of the company’s Outstanding Common Stock. PEP TG Investments GP LLC, as general partner, and Michael Dominguez, as sole member of the GP, may each be deemed to beneficially own the same 11,305,290 shares, subject to their stated beneficial ownership disclaimers.