Form 4: Fila Holdings Chairman Yoon Soo (Gene) Yoon Reports Changes in Acushnet Holdings Corp. Beneficial Ownership
SEC Form 4 Filing
Yoon Soo (Gene) Yoon, Chairman of Fila Holdings, reports a transaction involving Acushnet Holdings Corp. common stock, including the acquisition of dividend equivalent rights and indirect ownership through Magnus Holdings Co., Ltd.
Summary
- On December 20, 2024, Yoon Soo (Gene) Yoon, Chairman of Fila Holdings, reported a transaction involving Acushnet Holdings Corp. common stock.
- The transaction includes the acquisition of 64 shares of common stock at a price of $69.92, representing dividend equivalent rights accrued on restricted stock units.
- Yoon also indirectly owns 31,412,966 shares through Magnus Holdings Co., Ltd., a subsidiary of Fila Holdings Corp.
- Yoon disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- Following the reported transaction, Yoon directly owns 42,255 shares of Acushnet Holdings Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
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 the ownership structure and transactions of a major shareholder in Acushnet Holdings Corp., a prominent player in the golf equipment and apparel industry. Such filings are standard practice and provide transparency regarding insider activity.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership structure and transactions of a major shareholder.
Key Dates
| Date | Description |
|---|---|
| 12/20/2024 | Date of transaction involving Acushnet Holdings Corp. common stock. |
| 12/26/2024 | Date of signature for the Form 4 filing. |
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