Director Lee Ho Yeon sold 1,110,000 shares (1.11M) of GOLF at $64.19 for $71,253,786.00 on 2024-08-09
Director Lee Ho Yeon sold 1,110,000 shares at $64.19, reducing his holdings from 32,522,966 shares to 31,412,966 shares—a -3.4% reduction in his position. The sale occurred near the company's 52-week high of $72.78, with the transaction price $64.19 representing -8.5% from that peak. The stock has since appreciated 5.1% over 30 days and 2.9% over 90 days from the August sale date, indicating the divestiture preceded continued upside. At the sale price, the transaction represented approximately 1.7% of the company's $4.1B market cap, a substantial but non-controlling reduction by a director with substantial remaining exposure (31.41M shares post-trade).