Varsha Rajendra Rao - May 29, 2025 Form 4 Insider Report for Topgolf Callaway Brands Corp. (MODG)

Role
Director
Signature
/s/ Clinton Foss Attorney-in-Fact for Varsha Rajendra Rao under a Limited Power of Attorney dated December 8, 2023.
Stock symbol
MODG
Transactions as of
May 29, 2025
Transactions value $
$0
Form type
4
Date filed
5/30/2025, 05:16 PM
Previous filing
Mar 17, 2025
Next filing
Jun 16, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Rao Varsha Rajendra Director 2180 RUTHERFORD ROAD, CARLSBAD /s/ Clinton Foss Attorney-in-Fact for Varsha Rajendra Rao under a Limited Power of Attorney dated December 8, 2023. 2025-05-30 0001711492

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MODG Common Stock Options Exercise $0 +8.1K +23% $0.00 43.3K May 30, 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MODG Restricted Stock Units Award $0 +18.5K $0.00 18.5K May 29, 2025 Common Stock 18.5K Direct F3, F4, F5
transaction MODG Restricted Stock Units Options Exercise $0 -8.1K -100% $0.00 0 May 30, 2025 Common Stock 8.1K Direct F1, F2, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock issued upon the vesting of Restricted Stock Units ("RSUs").
F2 RSUs convert into common stock on a one-for-one basis.
F3 Each RSU represents a contingent right to receive one share of common stock.
F4 The RSUs were granted on May 29, 2025 and vest in full on the first anniversary of the grant date.
F5 Represents only the RSUs granted on May 29, 2025 and does not include RSUs with different vesting terms.
F6 The RSUs were granted on May 30, 2024 and vested in full on the first anniversary of the grant date.
F7 Represents only the RSUs granted on May 30, 2024 and does not include RSUs with different vesting terms.