Acushnet: Fila unit Magnus sells 1,110,000 shares under Rule 144; 30-day lock-up agreed
On August 9, 2024, Magnus Holdings, a wholly owned unit of Fila Holdings, sold 1,110,000 shares of Acushnet common stock in a Rule 144 transaction. Fila said the sale was for liquidity purposes and that it plans to keep its majority stake. After the sale, Magnus owned 50.7% of Acushnet's outstanding common stock, and it agreed to a 30-day lock-up on its remaining shares, subject to certain exceptions.
Key points
- Magnus sold 1,110,000 shares of Acushnet common stock on August 9, 2024.
- Magnus beneficially owned 50.7% of outstanding common stock after the sale.
- Magnus agreed to a 30-day lock-up on its shares, subject to certain exceptions (Exhibit 10.1).
- Fila said the sale was for liquidity purposes and that it plans to retain its majority stake.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits 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 August 09, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.