Form 4: Acushnet Holdings Corp. Executive Steven Francis Pelisek Reports Stock Transactions
SEC Form 4 Filing
Steven Francis Pelisek, President of Titleist Golf Clubs at Acushnet Holdings Corp., reports acquisition and disposal of common stock related to a performance stock unit award.
Summary
- On March 5, 2024, Steven Francis Pelisek acquired 21,166 shares of Acushnet Holdings Corp. common stock upon settlement of a performance stock unit award at $0.
- On the same day, 10,726 shares were disposed of at $65.50 to cover income tax withholding obligations related to the vesting of the performance stock unit award.
- Following these transactions, Pelisek directly owns 103,026 shares of Acushnet Holdings Corp. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions related to executive compensation.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It is common for executives to receive stock-based compensation and subsequently sell shares to cover tax obligations.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock acquisition and disposal. |
| 03/07/2024 | Date of signature by attorney-in-fact. |
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