Form 4: Acushnet Holdings Corp. Executive Vice President, CFO Sean S. Sullivan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Sean S. Sullivan, Executive Vice President and CFO of Acushnet Holdings Corp., reports a transaction involving the disposal of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On February 18, 2025, Sean S. Sullivan, the Executive Vice President and CFO of Acushnet Holdings Corp., disposed of 2,919.217 shares of common stock.
- The transaction was executed to satisfy income tax withholding and remittance obligations related to the vesting of previously reported restricted stock units.
- The shares were disposed of at a price of $66.71 per share.
- Following the transaction, Sullivan beneficially owns 111,891.783 shares of Acushnet Holdings Corp. common stock.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: Sean S. Sullivan disposed of shares to cover tax obligations. |
| 02/20/2025 | Date of signature on the Form 4 filing. |
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