Form 4: Acushnet Holdings Corp. President and CEO, David Eugene Maher, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
David Eugene Maher, President and CEO 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 February 18, 2025, David Eugene Maher, President and CEO of Acushnet Holdings Corp., had 8,426.227 shares of common stock withheld by the issuer to cover income tax obligations related to the vesting of previously reported restricted stock units.
- The price per share for the transaction was $66.71.
- Following the transaction, Maher directly owns 835,949.773 shares of Acushnet Holdings Corp.
- The transaction was reported on February 20, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring transparency in accordance with SEC regulations.
- Similar filings are made by executives at comparable companies like Callaway Golf Company and Topgolf Callaway Brands Corp., when they have transactions involving company stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns the executive's tax obligations and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction where shares were withheld for tax obligations. |
| 02/20/2025 | Date of report filing. |
Keywords
Acushnet Holdings Corp., David Eugene Maher, Beneficial Ownership, Form 4, GOLF, SEC, Insider Trading, Restricted Stock Units, Tax Withholding
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