Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses GOLF in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named GOLF in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| David Maher | $1,170,000 | $0 | $6,500,072 | $0 | $1,501,227 | $1,404,125 | $60,132 | $10,635,556 |
| President and Chief Executive Officer | ||||||||
| Sean Sullivan | 730,000 | 0 | 2,100,049 | 0 | 612,434 | 0 | 65,790 | 3,508,273 |
| Executive Vice President, Chief Financial Officer | ||||||||
| Mary Louise Bohn | 635,000 | 0 | 1,250,085 | 0 | 470,059 | 443,576 | 56,424 | 2,855,144 |
| President - Titleist Golf Balls | ||||||||
| Steven Pelisek | 635,000 | 0 | 1,250,085 | 0 | 470,059 | 412,715 | 27,013 | 2,794,872 |
| President - Titleist Golf Clubs | ||||||||
| Christopher Lindner | 600,000 | 0 | 1,150,020 | 0 | 414,540 | 0 | 43,719 | 2,208,279 |
| President - FootJoy | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| David Maher | $10,635,556 | $9,741,876 | $8,838,717 | +893,680 |
| Sean Sullivan | 3,508,273 | 3,388,759 | 6,916,432 | +119,514 |
| Mary Louise Bohn | 2,855,144 | 3,340,246 | 2,719,205 | −485,102 |
| Steven Pelisek | 2,794,872 | 3,242,348 | 2,751,594 | −447,476 |
| Christopher Lindner | 2,208,279 | 2,115,834 | 2,200,943 | +92,445 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Mary Louise Bohn | RSU | 2025-02-13 | — | — | 7,331 | — | $500,048 |
| Mary Louise Bohn | PSU | 2025-02-13 | 5,498 | 10,996 | — | 21,992 | 750,037 |
| Christopher Lindner | RSU | 2025-02-13 | — | — | 6,744 | — | 460,008 |
| Christopher Lindner | PSU | 2025-02-13 | 5,058 | 10,116 | — | 20,232 | 690,012 |
| David Maher | RSU | 2025-02-13 | — | — | 38,118 | — | 2,600,029 |
| David Maher | PSU | 2025-02-13 | 28,589 | 57,177 | — | 114,354 | 3,900,043 |
| Steven Pelisek | RSU | 2025-02-13 | — | — | 7,331 | — | 500,048 |
| Steven Pelisek | PSU | 2025-02-13 | 5,498 | 10,996 | — | 21,992 | 750,037 |
| Sean Sullivan | RSU | 2025-02-13 | — | — | 12,315 | — | 840,006 |
| Sean Sullivan | PSU | 2025-02-13 | 9,237 | 18,473 | — | 36,946 | 1,260,043 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Mary Louise Bohn | $500,048 | $750,037 | $0 | 60.0% |
| Christopher Lindner | 460,008 | 690,012 | 0 | 60.0% |
| David Maher | 2,600,029 | 3,900,043 | 0 | 60.0% |
| Steven Pelisek | 500,048 | 750,037 | 0 | 60.0% |
| Sean Sullivan | 840,006 | 1,260,043 | 0 | 60.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| David Maher | PSU | 1,170,000 | — | $190,191,803 |
| David Maher | PSU | 1,125,000 | — | 182,876,733 |
| Sean Sullivan | PSU | 342,692 | — | 23,812,681 |
| David Maher | RSU | 60,132 | — | 10,635,556 |
| David Maher | RSU | 55,602 | — | 9,741,876 |
| David Maher | RSU | 54,373 | — | 8,838,717 |
| Mary Louise Bohn | RSU | 48,070 | — | 3,340,246 |
| Steven Pelisek | RSU | 27,184 | — | 3,242,348 |
| Mary Louise Bohn | PSU | 56,424 | — | 2,855,144 |
| Steven Pelisek | PSU | 27,013 | — | 2,794,872 |
| Steven Pelisek | RSU | 61,836 | — | 2,751,594 |
| Mary Louise Bohn | RSU | 54,667 | — | 2,719,205 |
The Company's executive compensation program is designed to attract, motivate, and retain world-class talent by aligning the interests of management with stockholders. It competitively rewards good performance and more aggressively rewards superior performance, with a significant portion of total compensation tied directly to Company performance.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pearl Meyer |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-08 | 54,837,719 | 180,940 | 248,468 | 99.67% | Passed |
| 2025 | 2025-06-02 | 56,448,355 | 126,874 | 183,910 | 99.45% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-08 | 99.67%a |
| 2025 | 2025-06-02 | 99.45%b |
a. Approved under the standard stated in the filing — “Votes that are withheld and broker non-votes will have the same effect as an abstention and will not count as a vote "FOR" a director.”.
b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "AGAINST" the proposal.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 660 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $16,125 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Yoon Soo (Gene) YoonIndependent · Board Chair | $184,172 | $184,973 | — | — | — | $369,145 |
| Gregory HewettIndependent · Audit (Chair) · Nominating and Corporate Governance | 129,338 | 144,942 | — | — | — | 274,280 |
| Steven TishmanIndependent · Audit · Compensation (Chair) | 125,388 | 144,942 | — | — | — | 270,330 |
| Jan SingerIndependent · Compensation · Nominating and Corporate Governance (Chair) | 119,806 | 144,942 | — | — | — | 264,748 |
| Leanne CunninghamIndependent · Audit | 103,000 | 144,942 | — | — | — | 247,942 |
| Keun Chang (Kevin) YoonIndependent · Nominating and Corporate Governance | 100,695 | 144,942 | — | — | — | 245,637 |
| Ho Yeon (Aaron) LeeIndependent · Compensation | 100,500 | 144,942 | — | — | — | 245,442 |
| David MaherEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $90,000 |
|---|---|
| Annual equity retainer | $145,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 32,500 / 25,000 / 20,000 |
| Stock ownership guideline | the Company maintains stock ownership guidelines that facilitate ownership and alignment with stockholders; |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $862,899 |
| Equity awards (grant-date value) | $1,054,625 |
| All other compensation | $0 |
| Total cost of the board | $1,917,524 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Acushnet Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Acushnet Holdings.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Callaway Golf Company | 2025 | Oliver Brewer III | $1,100,000 | $9,517,219 | $0 | $3,300,000 | $13,970,138 |
| 2 | Deckers Outdoor Corporation | 2026 | Stefano Caroti | 1,236,538 | 6,999,947 | 0 | 3,607,915 | 11,904,992 |
| 3 | Under Armour, Inc. | 2026 | Kevin Plank | 903,462 | 9,040,000 | 510,000 | 1,128,150 | 11,597,975 |
| 4 | Crocs, Inc. | 2025 | Andrew Rees | 1,188,462 | 7,432,802 | 0 | 2,267,585 | 10,958,007 |
| 5 | Wolverine World Wide, Inc. | 2025 | Christopher Hufnagel | 1,192,308 | 5,800,023 | 0 | 2,663,854 | 10,854,729 |
| 6 | Acushnet Holdings | 2025 | David Maher | 1,170,000 | 6,500,072 | 0 | 1,501,227 | 10,635,556 |
| 7 | YETI Holdings, Inc. | 2025 | Matthew Reintjes | 1,057,308 | 5,500,187 | 0 | 1,126,033 | 7,697,528 |
| 8 | Helen of Troy Limited | 2026 | Noel Geoffroy | 177,000 | 3,800,000 | 0 | 39,982 | 4,070,466 |
| 9 | Columbia Sportswear Company | 2025 | Timothy Boyle | 1,080,000 | 0 | 0 | 1,938,720 | 3,036,220 |
| — | Kontoor Brands, Inc. | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Acushnet Holdings | not disclosed | PSU 60 · RSU 40 | not disclosed | Pearl Meyer |
| Callaway Golf Company | not disclosed | PRSU 55 · RSU 45 | not disclosed | Mercer, LLC |
| Columbia Sportswear Company | 57% | not disclosed | Yes — three year relative total shareholder return (Relative TSR) | FW Cook |
| Crocs, Inc. | not disclosed | PSU 34 · RSU 33 | Yes — 2025-2027 Revenue/rTSR | Meridian |
| Deckers Outdoor Corporation | 173% | PSU 60 · RSU 40 | Yes — Total Stockholder Return (TSR) | Frederic W. Cook & Co., Inc. |
| Helen of Troy Limited | 16.3% | PSU 50 · RSU 50 | No | FW Cook |
| Kontoor Brands, Inc. | not disclosed | PRSU 60 · RSU 40 | not disclosed | Frederic W. Cook & Co. Inc |
| Under Armour, Inc. | 60% | RSU 100 | No | Willis Towers Watson |
| Wolverine World Wide, Inc. | not disclosed | PSU 70 · RSU 30 | not disclosed | Frederic W. Cook & Co. |
| YETI Holdings, Inc. | 71.0% | PBRSU 75 · RSU 25 | Yes — Relative Total Stockholder Return (TSR) | FW Cook |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, David Maher | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Summary Compensation Table” · page 45. As printed: 10,635,556. Filing ↗machine: span 960915–960925 |
| 2 | Section 01, Sean Sullivan | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Summary Compensation Table” · page 45. As printed: 3,508,273. Filing ↗machine: span 973281–973290 |
| 3 | Section 01, Mary Louise Bohn | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Summary Compensation Table” · page 45. As printed: 2,855,144. Filing ↗machine: span 985407–985416 |
| 4 | Section 01, Steven Pelisek | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Summary Compensation Table” · page 45. As printed: 2,794,872. Filing ↗machine: span 997532–997541 |
| 5 | Section 01, Christopher Lindner | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Summary Compensation Table” · page 45. As printed: 2,208,279. Filing ↗machine: span 1010282–1010291 |
| 6 | Section 03, Mary Louise Bohn RSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 829358–829365 |
| 7 | Section 03, Mary Louise Bohn PSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 831039–831046 |
| 8 | Section 03, Christopher Lindner RSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 837037–837044 |
| 9 | Section 03, Christopher Lindner PSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 838575–838582 |
| 10 | Section 03, David Maher RSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 821576–821585 |
| 11 | Section 03, David Maher PSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 823184–823193 |
| 12 | Section 03, Steven Pelisek RSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 833245–833252 |
| 13 | Section 03, Steven Pelisek PSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 834851–834858 |
| 14 | Section 03, Sean Sullivan RSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 825367–825374 |
| 15 | Section 03, Sean Sullivan PSU | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Grants of Plan Based Awards in 2025” · grants of plan-based awards table. Filing ↗machine: span 826973–826982 |
| 16 | Section 07, pay ratio | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “CEO Pay Ratio”. As printed: 660 : 1. Filing ↗ |
| 17 | Section 08, Yoon Soo (Gene) Yoon | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Director Compensation”. As printed: 369,145. Filing ↗machine: span 399117–399124 |
| 18 | Section 08, Gregory Hewett | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Director Compensation”. As printed: 274,280. Filing ↗machine: span 402342–402349 |
| 19 | Section 08, Steven Tishman | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Director Compensation”. As printed: 270,330. Filing ↗machine: span 407176–407183 |
| 20 | Section 08, Jan Singer | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Director Compensation”. As printed: 264,748. Filing ↗machine: span 405565–405572 |
| 21 | Section 08, Leanne Cunningham | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Director Compensation”. As printed: 247,942. Filing ↗machine: span 400731–400738 |
| 22 | Section 08, Keun Chang (Kevin) Yoon | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Director Compensation”. As printed: 245,637. Filing ↗machine: span 409102–409109 |
| 23 | Section 08, Ho Yeon (Aaron) Lee | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Director Compensation”. As printed: 245,442. Filing ↗machine: span 403958–403965 |
| 24 | Section 08, David Maher | DEF 14A | 2026-04-17 | 0001672013-26-000106 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 25 | Section 06, 2026 vote | Form 8-K | 2026-06-11 | 0001672013-26-000139 | Item 5.07 · say-on-pay result. As reported: 99.67% (votes for as printed: 54,837,719). Filing ↗ |
| 26 | Section 06, 2025 vote | Form 8-K | 2025-06-04 | 0001672013-25-000035 | Item 5.07 · say-on-pay result. As reported: 99.45% (votes for as printed: 56,448,355). Filing ↗ |
| 27 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 28 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 29 | Section 09b board cost (computed) | Computed | — | computed | Cash 862,899 + equity 1,054,625 + all other 0 = 1,917,524, summed across the director compensation table rows.machine: formula: Σ = 1,917,524 |
| 30 | Callaway Golf Company, Section 10b CEO total | DEF 14A | 2026-04-08 | 0000837465-26-000013 | CEO total compensation as printed in Callaway Golf Company's own proxy. As printed: 13,970,138. Filing ↗machine: span 747968–747978 |
| 31 | Deckers Outdoor Corporation, Section 10b CEO total | DEF 14A | 2026-07-24 | 0000910521-26-000018 | CEO total compensation as printed in Deckers Outdoor Corporation's own proxy. As printed: 11,904,992. Filing ↗machine: r3 · c21 · span 866385–866395 |
| 32 | Under Armour, Inc., Section 10b CEO total | DEF 14A | 2026-07-15 | 0001336917-26-000102 | CEO total compensation as printed in Under Armour, Inc.'s own proxy. As printed: 11,597,975. Filing ↗machine: r2 · c48 · span 595286–595296 |
| 33 | Crocs, Inc., Section 10b CEO total | DEF 14A | 2026-04-23 | 0001334036-26-000020 | CEO total compensation as printed in Crocs, Inc.'s own proxy. As printed: 10,958,007. Filing ↗machine: r2 · c48 · span 620259–620269 |
| 34 | Wolverine World Wide, Inc., Section 10b CEO total | DEF 14A | 2026-03-25 | 0001140361-26-011157 | CEO total compensation as printed in Wolverine World Wide, Inc.'s own proxy. As printed: 10,854,729. Filing ↗machine: r2 · c25 · span 1190459–1190470 |
| 35 | Acushnet Holdings (subject), Section 10b CEO total | DEF 14A | 2026-04-17 | 0001672013-26-000106 | CEO total compensation as printed in Acushnet Holdings's own proxy. As printed: 10,635,556. Filing ↗machine: span 960915–960925 |
| 36 | YETI Holdings, Inc., Section 10b CEO total | DEF 14A | 2026-03-26 | 0001140361-26-011375 | CEO total compensation as printed in YETI Holdings, Inc.'s own proxy. As printed: 7,697,528. Filing ↗machine: r2 · c22 · span 1046975–1046984 |
| 37 | Helen of Troy Limited, Section 10b CEO total | DEF 14A | 2026-06-24 | 0000916789-26-000088 | CEO total compensation as printed in Helen of Troy Limited's own proxy. As printed: 4,070,466. Filing ↗machine: span 888837–888846 |
| 38 | Columbia Sportswear Company, Section 10b CEO total | DEF 14A | 2026-04-24 | 0001050797-26-000062 | CEO total compensation as printed in Columbia Sportswear Company's own proxy. As printed: 3,036,220. Filing ↗machine: t61 · r3 · c27 · span 566267–566276 |
| 39 | Section 10a, Wolverine World Wide, Inc. reciprocity | DEF 14A | — | 0001140361-26-011157 | Wolverine World Wide, Inc.'s most recent proxy was read; its disclosed peer group does not include Acushnet Holdings. Filing ↗ |
| 40 | Section 10a, YETI Holdings, Inc. reciprocity | DEF 14A | — | 0001140361-26-011375 | YETI Holdings, Inc. names Acushnet Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 41 | Section 10a, Crocs, Inc. reciprocity | DEF 14A | — | 0001334036-26-000020 | Crocs, Inc. names Acushnet Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 42 | Section 10a, Deckers Outdoor Corporation reciprocity | DEF 14A | — | 0000910521-26-000018 | Deckers Outdoor Corporation's most recent proxy was read; its disclosed peer group does not include Acushnet Holdings. Filing ↗ |
| 43 | Section 10a, Helen of Troy Limited reciprocity | DEF 14A | — | 0000916789-26-000088 | Helen of Troy Limited's most recent proxy was read; its disclosed peer group does not include Acushnet Holdings. Filing ↗ |
| 44 | Section 10a, Callaway Golf Company reciprocity | DEF 14A | — | 0000837465-26-000013 | Callaway Golf Company names Acushnet Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 45 | Section 10a, Kontoor Brands, Inc. reciprocity | DEF 14A | — | 0001760965-26-000020 | Kontoor Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include Acushnet Holdings. Filing ↗ |
| 46 | Section 10a, Under Armour, Inc. reciprocity | DEF 14A | — | 0001336917-26-000102 | Under Armour, Inc.'s most recent proxy was read; its disclosed peer group does not include Acushnet Holdings. Filing ↗ |