Compensation award — excluded from discretionary-purchase analysis.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Dec 15, 2025
Reporting period
Not applicable
Filed with the SEC
Dec 16, 2025
DirectorGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001711492-25-000004
Filed / recorded
Dec 16, 2025, 9:18 PM UTC
Added to OQRO
Oct 6, 2026, 10:14 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
Topgolf Callaway Brands Corp.
Issuer CIK
837465
Ticker
MODG
Reporting person
Varsha Rajendra Rao
Relationship
Director
Security
Common Stock
Table
Non-derivative (Table I)
Transaction date
Dec 15, 2025
Transaction code
A
Shares / units
2,169
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
51,302
Ownership form
Direct
Amendment
No
Footnotes from the filing
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 December 31, 2025.