Director Fleischer of Callaway Golf Co (CALY) receives 1,684-share stock grant as board retainer

Rhea-AI Filing Summary

FLEISCHER RUSSELL L reported acquisition or exercise transactions in this Form 4 filing.

Callaway Golf Co director Russell L. Fleischer received 1,684 shares of Common Stock as a stock grant. The shares were awarded at a stated price of $0.00 per share and increased his direct holdings to 155,863 shares following the transaction.

The footnote explains that these shares were issued instead of the cash retainer he would otherwise receive under Callaway’s non-employee director compensation program for the quarter ending June 30, 2026. This filing reflects routine equity-based director compensation rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FLEISCHER RUSSELL L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,684	$0.00	--

Holdings After Transaction: Common Stock — 155,863 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 1,684 shares Grant price: $0.00 per share Shares held after grant: 155,863 shares +1 more

4 metrics

Shares granted 1,684 shares Common Stock grant to director on June 15, 2026

Grant price $0.00 per share Stated transaction price for stock award

Shares held after grant 155,863 shares Director’s direct holdings following the transaction

Compensation quarter Quarter ending June 30, 2026 Period covered by non-employee director compensation

Key Terms

Grant, award, or other acquisition, non-employee director compensation program, cash retainer

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

non-employee director compensation program financial

"under the issuers non-employee director compensation program for the quarter"

cash retainer financial

"issued in lieu of the cash retainer otherwise payable to the reporting person"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FLEISCHER RUSSELL L

(Last) (First) (Middle)

2180 RUTHERFORD ROAD

(Street)

CARLSBAD CALIFORNIA 92008

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Callaway Golf Co [ CALY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/15/2026		A		1,684(1)	A	$0	155,863	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were issued in lieu of the cash retainer otherwise payable to the reporting person under the issuers non-employee director compensation program for the quarter ending June 30, 2026.

Remarks:

	/s/ Clinton Foss Attorney-in-Fact for Russell L. Fleischer under a Limited Power of Attorney dated December 9, 2023.	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Callaway Golf Co (CALY) director Russell L. Fleischer report in this Form 4?

Russell L. Fleischer reported receiving 1,684 shares of Callaway Golf Co Common Stock as a stock grant. The shares were issued instead of a cash retainer under the company’s non-employee director compensation program for the quarter ending June 30, 2026.

Was the Callaway Golf Co (CALY) Form 4 transaction a market buy or sell?

The transaction was not a market buy or sell; it was a grant. The Form 4 shows a code “A” transaction, described as a grant, award, or other acquisition, with a price of $0.00 per share as part of director compensation.

How many Callaway Golf Co (CALY) shares does Russell L. Fleischer hold after this grant?

After receiving the 1,684-share grant, Russell L. Fleischer holds 155,863 shares of Callaway Golf Co Common Stock directly. This total reflects his position immediately following the compensation-related share issuance disclosed in the Form 4 filing.

Why did Callaway Golf Co (CALY) issue shares instead of cash to its director?

The shares were issued in lieu of the cash retainer otherwise payable to the director. According to the footnote, this is under Callaway’s non-employee director compensation program for the quarter ending June 30, 2026, effectively paying part of board fees in stock.

What does transaction code “A” mean in this Callaway Golf Co (CALY) Form 4?

Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of shares. In this case, it denotes that the director received 1,684 shares of Callaway Golf Co Common Stock as compensation rather than purchasing them in the open market.