Glenn F. Hickey, EVP of Callaway Golf, has demonstrated a consistent pattern of selling activity across two companies—Callaway Golf (CALY) and Topgolf Callaway Brands (MODG)—with no recorded purchases in the available SEC Form 4 filings. His transactions, totaling $869,547.46 in sales, reflect a clear divestment trend. The most recent sales occurred in early 2026, with Hickey offloading CALY shares worth $164,159.22 on March 14, following earlier dispositions of $49,567 on February 22 and $95,133.38 on February 6. Prior to these CALY transactions, his activity was concentrated in MODG, where he executed multiple sales in 2024 and 2025, including a notable $212,714.88 transaction on June 3, 2024, alongside smaller dispositions ranging from $19,999.77 to $52,669.12.
Hickey’s trading history shows no recent buying activity, with all coded transactions marked as sales ("F") or exempt acquisitions ("A"). The absence of purchases suggests a focus on reducing his equity exposure in both CALY and MODG over time. While the reasons for these sales are undisclosed, the pattern aligns with a broader trend of gradual liquidation rather than abrupt divestment. The transactions span multiple years, with the most recent activity in early 2026, indicating an ongoing reduction in his holdings. The data does not reveal any material shifts in his trading behavior, only a steady sell-side bias across both affiliated companies.
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