Form 4: Acushnet Holdings Corp. Director Yoon Soo (Gene) Yoon Sells Shares Back to Company

Director Yoon Soo (Gene) Yoon reports the sale of 935,907 shares of Acushnet Holdings Corp. back to the company at $66.7803 per share.

Summary

• Yoon Soo (Gene) Yoon, a director and 10% owner of Acushnet Holdings Corp., reported a transaction on April 10, 2025.
• Mr. Yoon sold 935,907 shares of Acushnet Holdings Corp. common stock back to the company at a price of $66.7803 per share.
• The sale was made pursuant to the Stock Repurchase Agreement dated June 14, 2024.
• Following the transaction, Mr. Yoon indirectly beneficially owns 30,477,059 shares through Magnus Holdings Co., Ltd., a subsidiary of Misto Holdings Corp.
• Mr. Yoon is the Chairman of Misto Holdings Corp. and may be deemed to have voting and dispositive power over the shares held by Magnus Holdings Co., Ltd., but he disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a transaction without expressing any positive or negative outlook. It's a standard regulatory filing.

Industry Context

Stock repurchase agreements are common mechanisms for companies to return capital to shareholders or to offset dilution from employee stock options. Insider sales, even back to the company, are always scrutinized by the market.

Related Party Transactions

• The sale of shares by Director Yoon Soo Yoon back to Acushnet Holdings Corp. is a related party transaction.

Stakeholder Impact

• The stock repurchase may have a minor impact on shareholders by slightly reducing the number of outstanding shares.

Key Dates

Keywords

Acushnet Holdings Corp., Yoon Soo Yoon, Stock Repurchase, Director, Share Sale, Form 4, GOLF