Form 4: Acushnet Holdings Corp. Executive Acquires Additional Shares Through Dividend Equivalent Rights
SEC Form 4 Filing
Mary Louise Bohn, President of Titleist Golf Balls at Acushnet Holdings Corp., acquired 539 shares of common stock through dividend equivalent rights at a price of $65.26 per share.
Summary
- On June 21, 2024, Mary Louise Bohn, President of Titleist Golf Balls at Acushnet Holdings Corp., acquired 539 shares of common stock.
- The acquisition was made through dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the Reporting Person on restricted and performance stock units under the Issuer's deferred compensation plan.
- The price per share was $65.26.
- Following the transaction, Bohn directly owns 177,652 shares of Acushnet Holdings Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The transaction reflects standard executive compensation practices and insider confidence, but it's not a major event.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This transaction is typical for executives who receive stock or stock-based compensation as part of their overall compensation package. Dividend equivalent rights are a common feature of such compensation plans.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, primarily signaling insider confidence to shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of transaction: Mary Louise Bohn acquired shares through dividend equivalent rights. |
| 06/25/2024 | Date of signature on the Form 4 filing. |
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