Topgolf Callaway Brands Corp. (CALY) — Insider Trading

AI-Powered SEC Filing Analysis

Latest Insider Trading Filed: 2026-04-23

Key Insights

EVP and Chief Supply Chain Officer Mark Leposky received 6,243 shares from RSU vesting on April 23, 2026, a two-year vesting grant from April 2024, indicating standard executive compensation practices rather than new grants.
Leposky sold 3,096 shares at $15.14 per share for tax withholding purposes, a routine practice when RSUs vest, with no indication of loss of confidence in the company.
After the transaction, Leposky maintains direct beneficial ownership of 348,651 common shares, demonstrating continued significant personal investment in Topgolf Callaway Brands aligned with shareholder interests.

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Earlier Insider Trading filings

Filed: 2026-03-20

Oliver G. Brewer III, the President and CEO of Callaway Golf Co (CALY), has transferred a significant number of common shares to various family trusts for estate planning purposes, indicating a long-term commitment to the company.
The transfers involve 13,200 shares, representing a substantial portion of Brewer's beneficial ownership, which remains indirect through the family trusts.
The timing of these transactions, close to the company's fiscal year-end, suggests Brewer may be engaging in proactive tax and succession planning for his equity stake in the organization.

Filed: 2026-03-18

The reporting person, Oliver G. Brewer III, who is the President and CEO of Callaway Golf Co, has transferred a significant number of his common shares to various family trusts for estate planning purposes.
The transfers appear to be non-monetary, as the shares were acquired for $0, indicating this may be a planned strategy to pass on ownership to his immediate family members.
The reporting person maintains beneficial ownership of the shares through his role as trustee of the recipient trusts, suggesting he still has control over the shares despite the transfers.

Filed: 2026-03-16

Russell L. Fleischer, a director of Topgolf Callaway Brands Corp., acquired 2,149 shares of the company's common stock on March 15, 2026, which increased his direct beneficial ownership to 135,633 shares.
The shares were issued to Fleischer in lieu of his cash retainer for the quarter ending March 31, 2026, as part of the company's non-employee director compensation program.
Insider buying, particularly by directors, can be a positive signal for investors, as it suggests the insiders have confidence in the company's future prospects.

Filed: 2026-03-16

Oliver G. Brewer III, the President and CEO of Topgolf Callaway Brands Corp. (CALY), has exercised 147,728 restricted stock units (RSUs) and received 70,392 shares of common stock directly, while transferring another 70,392 shares to a family trust.
Brewer has also sold 77,336 shares to cover tax withholding requirements, indicating a potential need for liquidity.
The transaction suggests Brewer's ongoing commitment to the company, as he continues to hold a significant indirect stake of over 1.8 million shares through various family trust arrangements.

Filed: 2026-03-16

Insider Brian P. Lynch, Executive Vice President and CFO, exercised 34,091 restricted stock units (RSUs) and sold 18,403 shares to cover tax withholding, indicating ongoing commitment to the company.
The vesting of RSUs suggests executive compensation is aligned with long-term shareholder interests through equity-based incentives.
Insider ownership through the family trust provides additional alignment, with 36,575 shares held indirectly.

Filed: 2026-03-16

Insider Glenn F. Hickey, EVP & President of Callaway Sales, exercised 22,728 restricted stock units (RSUs) and sold 12,269 shares to cover tax withholding, indicating ongoing confidence in the company's future performance.
Hickey's ownership of 101,082 direct shares and 10,000 shares held in a family trust suggests he maintains a significant stake in Topgolf Callaway Brands Corp.
The vesting of RSUs with a one-year cliff and two-year staggered vesting schedule aligns Hickey's long-term incentives with shareholder interests.

Filed: 2026-03-16

This Form 4 filing indicates that Mark F. Leposky, the EVP and Chief Supply Chain Officer of Topgolf Callaway Brands Corp., exercised 22,728 restricted stock units (RSUs) and sold 11,269 shares to cover tax withholding requirements.
The filing shows that Leposky continues to hold a significant number of shares in the company, with 345,504 shares remaining after the transaction.
The timing of the RSU vesting and sale suggests Leposky's confidence in the company's future performance and aligns with his role as a senior executive.

Filed: 2026-03-16

The reporting person, Timothy R. Reed, EVP of R&D and Tour at Topgolf Callaway Brands Corp. (CALY), acquired 11,364 shares of common stock through the vesting of restricted stock units (RSUs).
Reed disposed of 6,135 shares to cover tax withholding requirements in connection with the RSU vesting, indicating he retained a significant portion of the shares.
The RSUs were granted on March 14, 2025 and vest in three equal annual installments, suggesting Reed has a long-term incentive alignment with the company's performance.

Filed: 2026-03-16

The reporting person, Angela J. Deskins, is an executive officer (EVP, Chief People Officer) of the issuer, Callaway Golf Co.
Deskins exercised 2,526 restricted stock units (RSUs) and had 899 shares withheld to cover tax obligations, indicating a net increase of 1,627 shares in her direct ownership.
The RSUs were granted in March 2025 and vest in three equal annual installments, with the first vesting occurring on March 14, 2026.

Filed: 2026-03-16

Jennifer L. Thomas, the SVP and Chief Accounting Officer of Callaway Golf Co, exercised 5,682 restricted stock units (RSUs) and sold 2,407 shares to cover tax withholding requirements.
Thomas's total direct ownership in Callaway Golf increased to 84,677 shares following the transaction.
The RSU vesting and sale suggest Thomas's continued commitment to the company and confidence in its performance.

Filed: 2026-03-16

Adebayo O. Ogunlesi, a director of Topgolf Callaway Brands Corp. (CALY), acquired 2,056 shares of the company's common stock on March 15, 2026, likely as part of the company's non-employee director compensation program.
Ogunlesi also holds an indirect beneficial ownership of 100,000 shares through Raynham I LLC, and an additional 845,284 shares held jointly with his spouse, indicating a significant personal stake in the company.
The insider buying activity suggests Ogunlesi's confidence in the company's future prospects and aligns his interests with those of other shareholders.

Filed: 2026-03-16

The reporting person, Varsha Rajendra Rao, acquired 1,869 shares of Callaway Golf Co (CALY) stock on March 15, 2026 as part of the company's non-employee director compensation program.
This transaction increases Rao's direct beneficial ownership in CALY to 53,171 shares.
Insider buying, especially by directors, can be a positive signal for the company's future prospects.

Filed: 2026-02-26

Jennifer L. Thomas, the SVP and Chief Accounting Officer of Topgolf Callaway Brands Corp. (CALY), was granted 7,797 restricted stock units (RSUs) on February 24, 2026. This RSU grant represents her recent equity compensation from the company.
The RSUs granted to Jennifer L. Thomas vest in three equal annual installments, indicating the company's commitment to retain and incentivize its key accounting leadership.
Insider transactions, such as this RSU grant to the Chief Accounting Officer, can provide insights into management's confidence in the company's prospects and their alignment with shareholder interests.

Filed: 2026-02-26

The reporting person, Mark F. Leposky, was granted 37,423 restricted stock units (RSUs) on February 24, 2026, which will vest in three equal annual installments starting from the first anniversary of the grant date.
This transaction indicates that the reporting person, who holds the position of EVP and Chief Supply Chain Officer, continues to have a significant stake in the company and is being incentivized through equity-based compensation.
The granting of RSUs to the executive officer suggests the company's commitment to aligning the interests of management with those of shareholders.

Filed: 2026-02-26

The reporting person, Glenn F. Hickey, who is the EVP & President of Callaway Sales, acquired 37,423 restricted stock units (RSUs) on February 24, 2026.
The RSUs granted on February 24, 2026 vest in three equal annual installments beginning on the first anniversary of the grant date.
This insider acquisition of RSUs suggests the reporting person's confidence in the company's future performance and alignment with shareholders' interests.

Other reports for Topgolf Callaway Brands Corp.

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Important Information

AI-generated analysis is for informational purposes only. Always read original SEC filings and consult with qualified professionals before making investment decisions.