Form 4: Topgolf Callaway Brands Executive Reports Stock Transaction
Insider Transaction (Form 4)
Timothy R. Reed, EVP, Golf R&D, Strategy & Fit of Topgolf Callaway Brands Corp., reported multiple transactions in common stock on August 26, 2026.
Summary
- Option exercise/conversion: acquired 12,988 Common Stock on August 26, 2026; holds 179,493 after (Direct).
- Tax/exercise-price withholding: disposed of 7,011 Common Stock at $15.74 ($110,353) on August 26, 2026; holds 172,482 after (Direct).
- Option exercise/conversion: disposed of 12,988 Restricted Stock Units on August 26, 2026 (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Timothy R. Reed — Officer (EVP, Golf R&D, Strategy & Fit)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-26 | Option exercise/conversion | Common Stock | 12,988 | — | — | 179,493 |
| 2026-08-26 | Tax/exercise-price withholding | Common Stock | 7,011 | $16 | $110.4K | 172,482 |
| 2026-08-26 | Option exercise/conversion | Restricted Stock Units | 12,988 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-26 | Option exercise/conversion (12,988 shares) |
| 2026-08-26 | Tax/exercise-price withholding (7,011 shares) |
| 2026-08-26 | Option exercise/conversion (12,988 shares) |
Keywords
insider transaction, Form 4, CALY, Callaway Golf Co, neutral, Timothy R. Reed
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