Callaway Golf shareholders approve 13.5 million share increase to incentive plan
At its May 29, 2025 annual meeting, Callaway Golf shareholders approved all four proposals, including an amended and restated 2022 Incentive Plan that adds 13,500,000 shares available for issuance. The change expands the pool of shares the company can use for equity awards, which matters to shareholders because it sets the room for future grants.
Key points
- Annual meeting held May 29, 2025; 159,081,706 of 183,749,328 outstanding shares were represented.
- Restated 2022 Incentive Plan adds 13,500,000 shares; full value awards reduce the pool by 2.0 shares each.
- Shareholders ratified Deloitte & Touche LLP for fiscal 2025 and approved executive compensation on an advisory basis (135,582,960 for).
- All 11 directors were elected; Adebayo O. Ogunlesi drew the most votes against, at 7,071,938.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 02, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.