Form 4: Acushnet Holdings Corp. Executive Vice President, CFO Sean S. Sullivan Reports Changes in Beneficial Ownership
SEC Form 4
Sean S. Sullivan, Executive Vice President and CFO of Acushnet Holdings Corp., reports a transaction involving the withholding of shares to cover income tax obligations related to vesting restricted stock units.
Summary
- On June 1, 2024, Sean S. Sullivan, the Executive Vice President and CFO of Acushnet Holdings Corp., had 18,486 shares of common stock withheld by the issuer to cover income tax obligations.
- This transaction occurred at a price of $65.9 per share.
- Following the transaction, Sullivan beneficially owns 102,496 shares of Acushnet Holdings Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into the stock ownership of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of transaction where shares were withheld to cover income tax obligations. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
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