Form 4: Acushnet CFO Sean Sullivan Reports Routine Stock Transaction for Tax Withholding

Acushnet Holdings Corp.'s Executive Vice President and CFO, Sean S. Sullivan, reported a disposition of common stock valued at $68.24 per share, primarily for tax withholding related to restricted stock unit vesting.

Summary

• Sean S. Sullivan, Executive Vice President and CFO of Acushnet Holdings Corp. (GOLF), filed a Form 4 reporting a transaction on June 3, 2025.
• The transaction involved the disposition of 18,486.623 shares of Acushnet common stock.
• The shares were disposed of at a price of $68.24 per share.
• This disposition was identified as an 'F' transaction code, indicating shares withheld by the Issuer to satisfy income tax withholding and remittance obligations.
• The withholding was in connection with the vesting of previously reported restricted stock units.
• Following this transaction, Mr. Sullivan beneficially owns 93,405.16 shares of Acushnet common stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction related to executive compensation and tax obligations, not a voluntary sale or purchase indicating a change in management's outlook on the company.

Future Outlook

This Form 4 filing is a report of a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report related to executive compensation and tax obligations, which is common across all publicly traded companies. It does not provide specific insights into broader industry trends within the golf equipment or sporting goods sectors.

Related Party Transactions

• The transaction involves the disposition of shares by an executive (Sean S. Sullivan, CFO) to the Issuer (Acushnet Holdings Corp.) for tax withholding purposes related to the vesting of restricted stock units, which is a common compensation-related transaction between an executive and their company.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a voluntary sale that might signal a change in executive confidence.
• Employees: No direct impact beyond the executive involved.

Key Dates

Keywords

Acushnet Holdings Corp., GOLF, Sean S. Sullivan, CFO, Form 4, Insider Transaction, Stock Ownership, Restricted Stock Units, Tax Withholding, Executive Compensation