Form 4: Acushnet Holdings Corp. Executive Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Roland A. Giroux, an executive at Acushnet Holdings Corp., reports changes in beneficial ownership of company stock due to the settlement of performance stock units and withholding for FICA obligations.

Summary

  • On March 5, 2024, Roland A. Giroux, Executive Vice President, Chief Legal Officer and Corporate Secretary of Acushnet Holdings Corp., reported changes in their beneficial ownership of the company's common stock.
  • Giroux acquired 1,726 shares upon settlement of a performance stock unit award at a price of $0.
  • The reporting person also had 54 shares withheld by the issuer to satisfy FICA obligations related to the settlement of the performance stock unit award at a price of $65.5.
  • Additionally, 181 shares were withheld by the issuer to satisfy FICA obligations related to the vesting of previously reported restricted stock units at a price of $65.5.
  • Following these transactions, Giroux beneficially owns 45,807 shares of Acushnet Holdings Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • Shareholders are informed about changes in insider ownership, which can influence investor sentiment.
  • Employees receiving stock-based compensation are affected by the settlement and vesting of equity awards.

Key Dates

DateDescription
03/05/2024Date of the reported transactions (acquisition and disposal of shares).
03/07/2024Date of signature for the Form 4 filing.

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