Acushnet Holdings Corp. Files Definitive Proxy Statement

Ticker: GOLF · Form: DEF 14A · Filed: Apr 19, 2024 · CIK: 1672013

Acushnet Holdings CORP. DEF 14A Filing Summary
FieldDetail
CompanyAcushnet Holdings CORP. (GOLF)
Form TypeDEF 14A
Filed DateApr 19, 2024
Risk Levellow
Pages16
Reading Time19 min
Sentimentneutral

Sentiment: neutral

Topics: Acushnet Holdings, DEF 14A, Proxy Statement, Executive Compensation, Corporate Governance

Related Tickers: GOLF

TL;DR

<b>Acushnet Holdings Corp. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023, detailing executive compensation and corporate governance.</b>

AI Summary

Acushnet Holdings Corp. (GOLF) filed a Proxy Statement (DEF 14A) with the SEC on April 19, 2024. Acushnet Holdings Corp. filed a Definitive Proxy Statement (DEF 14A) on April 19, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 333 Bridge Street, Fairhaven, MA 02719. The filing includes information related to executive compensation, including equity awards and pension values for the years 2020-2023. The filing details compensation for both 'PeoMember' and 'NonPeoNeoMember' categories.

Why It Matters

For investors and stakeholders tracking Acushnet Holdings Corp., this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding executive compensation packages, equity awards, and pension values, enabling informed voting decisions on related proposals. The detailed breakdown of compensation for different executive categories (PeoMember and NonPeoNeoMember) across multiple fiscal years (2020-2023) allows for analysis of compensation trends and structures.

Risk Assessment

Risk Level: low — Acushnet Holdings Corp. shows low risk based on this filing. The filing is a routine DEF 14A, which is standard for public companies and does not contain new financial performance data or significant operational changes.

Analyst Insight

Review the executive compensation details and any shareholder proposals within the DEF 14A to understand potential impacts on corporate governance and shareholder value.

Key Numbers

Key Players & Entities

FAQ

When did Acushnet Holdings Corp. file this DEF 14A?

Acushnet Holdings Corp. filed this Proxy Statement (DEF 14A) with the SEC on April 19, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Acushnet Holdings Corp. (GOLF).

Where can I read the original DEF 14A filing from Acushnet Holdings Corp.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Acushnet Holdings Corp..

What are the key takeaways from Acushnet Holdings Corp.'s DEF 14A?

Acushnet Holdings Corp. filed this DEF 14A on April 19, 2024. Key takeaways: Acushnet Holdings Corp. filed a Definitive Proxy Statement (DEF 14A) on April 19, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 333 Bridge Street, Fairhaven, MA 02719..

Is Acushnet Holdings Corp. a risky investment based on this filing?

Based on this DEF 14A, Acushnet Holdings Corp. presents a relatively low-risk profile. The filing is a routine DEF 14A, which is standard for public companies and does not contain new financial performance data or significant operational changes.

What should investors do after reading Acushnet Holdings Corp.'s DEF 14A?

Review the executive compensation details and any shareholder proposals within the DEF 14A to understand potential impacts on corporate governance and shareholder value. The overall sentiment from this filing is neutral.

How does Acushnet Holdings Corp. compare to its industry peers?

Acushnet Holdings Corp. operates in the sporting goods industry, specifically focusing on golf equipment and apparel.

Are there regulatory concerns for Acushnet Holdings Corp.?

The filing is a standard DEF 14A, subject to SEC regulations governing proxy solicitations and corporate disclosures.

Industry Context

Acushnet Holdings Corp. operates in the sporting goods industry, specifically focusing on golf equipment and apparel.

Regulatory Implications

The filing is a standard DEF 14A, subject to SEC regulations governing proxy solicitations and corporate disclosures.

What Investors Should Do

  1. Analyze the compensation structure for named executive officers.
  2. Review any shareholder proposals and the board's recommendations.
  3. Assess the company's corporate governance practices as outlined in the filing.

Key Dates

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure and does not represent a change from previous filings of the same type, but provides updated information for the latest fiscal year.

Filing Stats: 4,787 words · 19 min read · ~16 pages · Grade level 11.8 · Accepted 2024-04-19 16:09:08

Filing Documents

Executive Compensation–Compensation Discussion and Analysis 43

Executive Compensation–Compensation Discussion and Analysis 43 Introduction 43 Executive Transitions 43

Executive Compensation Governance Practices and Principles 44

Executive Compensation Governance Practices and Principles 44 Role of the Compensation Committee, the Board and Executives in Compensation Decisions 45 Say on Pay Vote Outcome and Stockholder Engagement 45 Resources Guiding Compensation Decisions 45 Components of our Executive Compensation Program 46 Base Salary 47 Annual Cash Incentives 48 Long-Term Incentives 50 Benefits and Perquisites 54 Retirement Plans 54 Retiree Health Benefits 55 Deferred Compensation 55 Severance and Change in Control Arrangements 55 Executive Agreements 56 Stock Ownership Policy 56 Clawback Policy 57 Executive Hedging and Pledging Policy 57 Compensation Risk Assessment 57 Tax Considerations 57 Report of the Compensation Committee 58 Summary Compensation Table 59 Grants of Plan-Based Awards in 2023 61 Outstanding Equity Awards as of December 31, 2023 63 Stock Vested in 2023 65 Pension Benefits for 2023 66 Nonqualified Deferred Compensation for 2023 68 Potential Payments Upon Termination or Change in Control 69 Severance and Change in Control Arrangements 71 Director Compensation 73 Securities Authorized for Issuance under Equity Compensation Plans 75 Pay Ratio Disclosure 76 Pay vs. Performance Disclosure 77 Principal Stockholders 81 Certain Relationships and Related Party Transactions 83 Other Matters 84 Proxy Statement Summary Date June 3, 2024 Time 9:00 a.m. EDT Record Date April 15, 2024 Location www.virtualshareholdermeeting.com/GOLF2024 This summary highlights certain information about us and does not contain all of the information you should consider before voting. Please read the entire proxy statement and our 2023 Annual Report on Form 10-K before voting. PROPOSALS TO BE VOTED ON AND VOTING RECOMMENDATIONS Proposal Board Recommendation For More Information 01 Election of Ms. Leanne Cunningham, Mr. Gregory Hewett, Mr. Ho Yeon (Aaron) Lee, Mr. David Maher, Ms. Jan Singer, Mr. Steven Tishman, Mr. Yo

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