SCHEDULE: Director Hoge Boosts Newton Golf Stake to 5.7%

Newton Golf Company director Brett Widney Hoge has disclosed a 5.7% beneficial ownership stake in the company, primarily for investment purposes.

Summary

• Brett Widney Hoge, a director of Newton Golf Company, Inc., has reported beneficial ownership of 270,873 shares of common stock.
• This represents 5.7% of the company's outstanding common stock, based on 4,752,463 shares as of November 18, 2025.
• The ownership includes 270,373 shares acquired with personal funds and 500 shares issuable from stock options received as director compensation.
• Mr. Hoge made several open market purchases between November 18 and November 21, 2025, totaling 122,000 shares at weighted-average prices ranging from $1.0738 to $1.2070 per share.
• Mr. Hoge holds the shares for investment purposes and currently has no present plans to influence corporate activities beyond his role as a director.

Sentiment

Score: 7

Explanation: The filing indicates a director's increased personal investment in the company, which is generally a positive signal of confidence, though it does not provide operational or financial performance details.

Positives

• A company director, Brett Widney Hoge, has increased his stake in Newton Golf Company, Inc., demonstrating confidence in the company's prospects.
• The director's recent open market purchases indicate a belief that the stock is undervalued or has significant upside potential.

Risks

• Future acquisitions or dispositions of common stock will be dependent on various factors including stock price, market conditions, issuer's business evaluation, and liquidity needs.

Future Outlook

Mr. Hoge holds the common stock for investment purposes and may acquire additional shares or sell existing shares in the future, depending on market conditions, the issuer's business prospects, and personal liquidity needs. He has no present plans to initiate any corporate actions beyond his role as a director.

Management Comments

• Mr. Hoge currently serves as a director of the issuer and may have influence over corporate activities, but does not have any present plans or proposals that would result in specific actions.
• Mr. Hoge holds the common stock of the issuer for investment purposes.

Industry Context

This filing indicates an insider's increased confidence in Newton Golf Company, Inc., which could be interpreted as a positive signal within the broader golf equipment or leisure industry, suggesting potential for future growth or stability.

Related Party Transactions

• Mr. Hoge's stock options for 500 shares were issued as compensation for his service as a director of the issuer.

Stakeholder Impact

• Shareholders: Increased insider ownership may signal confidence, potentially influencing investor sentiment positively.
• Management: The director's investment aligns his interests more closely with other shareholders.

Next Steps

• Mr. Hoge may, from time to time, acquire additional shares of common stock and/or retain and/or sell all or a portion of the shares he holds.
• Any future acquisitions or dispositions will be subject to the issuer's policies, including its insider trading policy.

Key Dates

Recommendation

While the director's increased stake is a positive signal of confidence, a Schedule 13D filing primarily discloses ownership and does not provide sufficient operational or financial data to warrant a 'buy' recommendation. It suggests a positive sentiment from an insider, but further analysis of the company's fundamentals would be required for a stronger recommendation. Therefore, a 'hold' is appropriate, acknowledging the positive insider action without overstating its immediate impact on the company's intrinsic value.

Keywords

Newton Golf Company, Brett Widney Hoge, Schedule 13D, Beneficial Ownership, Insider Buying, Director Stake, Common Stock, Investment, Golf Industry