GOLF CEO sells 51,460 shares for $4.1M across 5 transactions at $79.32–$80.80, retaining 852,091 shares post-sale
Maher David Eugene, President and CEO, executed 5 separate sales totaling 51,460 shares for $4,093,112.37 at an average price of $79.54, reducing his stake by 5.7% to 852,091 shares. The blended transaction prices ($79.25–$80.80) occurred near the 52-week high of $84.40 but 7.1% above the current price of $78.43, suggesting the sales executed while the stock was elevated. His prior trades at Acushnet show mixed timing outcomes: 3 of 4 prior GOLF sales were well-timed at the 90-day mark with negative returns, but the cross-ticker track record shows an average 90-day return of -1.3% after sells with a 75% well-timed rate. The filing does not indicate a 10b5-1 plan or forced liquidation, making this a discretionary open-market transaction by the CEO during a period when the stock trades 0.1% above its 90-day average and with fundamentals showing P/E of 20.69 and +3.2% annual revenue growth. The scale of the sale—$4.1M—is material but the CEO retains substantial holdings, consistent with partial portfolio action rather than full exit.