Form 4: Topgolf Callaway Brands Corp. Executive Rebecca Fine Reports Stock Transactions
SEC Form 4 Filing
EVP and Global CPO of Topgolf Callaway Brands Corp., Rebecca Fine, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 22, 2025, Rebecca Fine, EVP and Global CPO of Topgolf Callaway Brands Corp., reported transactions involving common stock.
- 4,355 shares were acquired upon the vesting of restricted stock units (RSUs).
- 1,140 shares were withheld by the company to satisfy tax obligations related to the RSU vesting at a price of $7.01.
- Following these transactions, Fine directly owns 74,757 shares of common stock and 4,355 unvested RSUs.
- The RSUs were granted on February 22, 2023, and vest in three equal annual installments.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, and does not inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| February 22, 2023 | Date the RSUs were granted, vesting in three equal annual installments. |
| November 30, 2023 | Date of Limited Power of Attorney granted to Clinton Foss. |
| February 22, 2025 | Date of stock transactions: RSU vesting and tax withholding. |
| February 25, 2025 | Date of signature on the Form 4 filing. |
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