Insider trade

10% owner sold ~$147M of CALY shares in the open market

Traded Jan 27, 2026 · Filed Jan 28, 2026

Callaway Golf CompanyCALY

~$147M
Reported value · 10M sh @ $14.70: 11.2M
Holds after · shares reported: −4.8%
stock since the trade · S&P 500 +11.4%, $15.00 → $14.28 on Oct 5

Why it stands out

A big owner of Callaway Golf sold $147M of Callaway Golf shares. Nobody planned it ahead of time.

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 Ownership

All the details

Dates, kept separate

Transaction date: Jan 27, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 28, 2026

10% owner$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$147,000,000

Shares × reported transaction price

Timing vs results

82 days after results of Nov 6, 2025, 16 days before results of Feb 12, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+0.1%	−2.4%	+2.5%
30 days	−2.3%	−1.1%	−1.2%
90 days	+4.3%	+2.5%	+1.8%
180 days	+25.6%	+6.8%	+18.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0001104659-26-007533
Filed / recorded: Jan 28, 2026, 11:18 PM UTC
Added to OQRO: Oct 6, 2026, 10:14 PM UTC
Parser: form4-xml-v2
Data quality: Verified: identifiers matched exactly
Issuer: Callaway Golf Co
Issuer CIK: 837465
Ticker: CALY
Reporting person: PEP TG Investments GP LLC
Relationship: 10% owner
Security: Common stock, par value $0.01 per share
Table: Non-derivative (Table I)
Transaction date: Jan 27, 2026
Transaction code: S
Shares / units: 10,000,000
Price per share: $14.70
Acquired / disposed: Disposed (D)
Shares owned after: 11,175,226
Ownership form: Direct
Amendment: No

Footnotes from the filing

Represents shares of common stock ("Common Stock") of Callaway Golf Company (the "Issuer") sold in a Rule 144 sale by PEP TG Investments LP at a price of $14.70 per share.
This statement is being filed by the following Reporting Persons: PEP TG Investments LP, PEP TG Investments GP LLC and Michael Dominguez and represents shares of Common Stock directly held by PEP TG Investments LP.
PEP TG Investments GP LLC is the sole general partner of PEP TG Investments LP. By virtue of such relationship, PEP TG Investments GP LLC has shared voting and investment control with respect to the securities held directly by PEP TG Investments LP, and may be deemed to indirectly beneficially own the securities directly held by PEP TG Investments LP.
Michael Dominguez is the sole member of PEP TG Investments GP LLC. By virtue of such relationship, Michael Dominguez has shared voting and investment control with respect to the securities held directly by PEP TG Investments GP LLC, and may be deemed to indirectly beneficially own the securities directly held by PEP TG Investments LP.
This report shall not be deemed an admission that PEP TG Investments GP LLC or Michael Dominguez is a beneficial owner of the securities held by PEP TG Investments LP, in each case for the purpose of Section 16 of the Exchange Act, or for any other purpose, except to the extent of their pecuniary interest therein, if any. Each of PEP TG Investments GP LLC and Michael Dominguez disclaims any beneficial ownership with respect to such securities, except to the extent of its respective pecuniary interest therein, if any.