Form 4: Fila Holdings Chairman Yoon Soo (Gene) Yoon Reports Acushnet Holdings Corp. Ownership Changes
SEC Form 4 Filing
Yoon Soo (Gene) Yoon, Chairman of Fila Holdings, reports acquisition of Acushnet Holdings Corp. shares through dividend equivalent rights and indirect ownership via Magnus Holdings Co., Ltd.
Summary
- On March 21, 2025, Yoon Soo (Gene) Yoon acquired shares of Acushnet Holdings Corp. common stock through dividend equivalent rights.
- The acquisition involved 76.25 shares at a price of $65.62 per share.
- Following the transaction, Yoon Soo (Gene) Yoon directly owns 42,331.25 shares.
- Additionally, Yoon Soo (Gene) Yoon indirectly owns 31,412,966 shares through Magnus Holdings Co., Ltd., a subsidiary of Fila Holdings Corp.
- Yoon Soo (Gene) Yoon disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- The report was filed on March 25, 2025.
Sentiment
Score: 7
Explanation: The sentiment is neutral. It's a routine filing related to changes in beneficial ownership. The acquisition of shares through dividend equivalent rights is a standard practice.
Management Comments
- The reporting person disclaims beneficial ownership over the shares of Issuer common stock held by Magnus Holdings Co., Ltd., except to the extent of his pecuniary interest therein.
Industry Context
This filing reflects changes in ownership of Acushnet Holdings Corp. (ticker: GOLF), a company in the sporting goods industry, specifically golf equipment and apparel. The filing indicates the holdings of a major shareholder, Yoon Soo (Gene) Yoon, Chairman of Fila Holdings, which has a significant stake in Acushnet through its subsidiary Magnus Holdings Co., Ltd.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership structure of Acushnet Holdings Corp.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of transaction: Acquisition of Acushnet Holdings Corp. shares. |
| 03/25/2025 | Date of Form 4 filing. |
Keywords
Acushnet Holdings Corp., Fila Holdings, Yoon Soo Yoon, Beneficial Ownership, Form 4, Dividend Equivalent Rights, Magnus Holdings Co. Ltd., GOLF
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