Form 4: Acushnet Holdings Corp. Director Sells Shares Under Stock Repurchase Agreement

Sentiment:

SEC Form 4


Keun Chang Kevin Yoon, a director and 10% owner of Acushnet Holdings Corp., sold 935,907 shares of common stock at $66.7803 per share on April 10, 2025.

Summary

  • On April 10, 2025, Keun Chang Kevin Yoon, a director and 10% owner of Acushnet Holdings Corp. [GOLF], sold 935,907 shares of common stock.
  • The sale was executed at a price of $66.7803 per share.
  • The transaction was made pursuant to a stock repurchase agreement dated June 14, 2024.
  • Following the transaction, the reporting person indirectly beneficially owns 30,477,059 shares through Magnus Holdings Co., Ltd., a subsidiary of Misto Holdings Corp.
  • The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a transaction without expressing positive or negative views.

Industry Context

This transaction reflects insider activity related to a stock repurchase program, which is a common mechanism for companies to return capital to shareholders and potentially influence stock price.

Key Dates

DateDescription
June 14, 2024Date of the Stock Repurchase Agreement.
April 10, 2025Date of the transaction (share sale).

Keywords

Acushnet Holdings Corp, GOLF, Keun Chang Kevin Yoon, Stock Repurchase Agreement, Director, Share Sale, Form 4, Beneficial Ownership, Magnus Holdings Co., Misto Holdings Corp.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.