Derivative exercise or conversion — not an open-market buy.
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 31, 2025
Reporting period
Not applicable
Filed with the SEC
Jan 2, 2026
OfficerOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001302279-26-000001
Filed / recorded
Jan 2, 2026, 9:38 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
Rebecca Fine
Relationship
Officer
Officer title
EVP, Global CPO
Security
Restricted Stock Units
Table
Derivative (Table II)
Transaction date
Dec 31, 2025
Transaction code
M
Shares / units
34,092
Price per share
$0.00
Acquired / disposed
Disposed (D)
Shares owned after
0
Ownership form
Direct
Amendment
No
Footnotes from the filing
RSUs convert into common stock on a one-for-one basis.
Represents the number of shares of common stock issued upon the vesting of restricted stock units ("RSUs").
Per the terms of the reporting persons' separation from the Company, her restricted stock units have partially vested effective December 31, 2025, relating to the 34,092 restricted stock units which were originally scheduled to vest on March 14, 2026 and March 14, 2027.