Acushnet Holdings Corp.
For the period ended Jun 8, 2026. Filed Apr 17, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jun 8, 2026 · Filed Apr 17, 2026
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549SCHEDULE 14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. )
| Filed by the Registrant ý | |
|---|---|
| Filed by a Party other than the Registrant o | |
| Check the appropriate box: | |
| o | Preliminary Proxy Statement |
| o | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ý | Definitive Proxy Statement |
| o | Definitive Additional Materials |
| o | Soliciting Material under §240.14a-12 |
| Acushnet Holdings Corp. | |
|---|---|
| (Name of Registrant as Specified In Its Charter) | |
| (Name of Person(s) Filing Proxy Statement, if other than the Registrant) | |
| Payment of Filing Fee (Check the appropriate box): | |
| ý | No fee required. |
| o | Fee paid previously with preliminary materials. |
| o | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 |
Time9:00 a.m. EDT
LocationLive webcast
April 17, 2026
Dear Acushnet Stockholder:
You are cordially invited to attend the 2026 Annual Meeting of Stockholders of Acushnet Holdings Corp. to be held on June 8, 2026, beginning at 9:00 a.m. Eastern Daylight Time. For your convenience, the Annual Meeting will be a completely virtual meeting, which will be conducted via live webcast. You may attend the Annual Meeting online, vote your shares electronically and submit your questions during the Annual Meeting by visiting www.virtualshareholdermeeting.com/GOLF2026. Details regarding how to attend and the business to be conducted at the Annual Meeting are included in the accompanying Notice of Annual Meeting and proxy statement.
Proxy materials, which include a Notice of Internet Availability of Proxy Materials, proxy statement and proxy card, accompany this letter. The enclosed proxy statement is first being mailed or made available to stockholders of Acushnet Holdings Corp. on or about April 17, 2026. We have also enclosed our 2025 Annual Report.
Your vote is important to us and our business. Even if you plan to attend the Annual Meeting, we encourage you to sign, date and return the proxy card in the enclosed envelope or to vote by internet or telephone according to the instructions in the enclosed proxy statement.
Thank you for your continued support of Acushnet Holdings Corp.
Sincerely,
David E. Maher
President and Chief Executive Officer
Notice of 2026 Annual Meeting of Stockholders
Time9:00 a.m. EDT
LocationLive webcast
April 17, 2026
The 2026 Annual Meeting of Stockholders of Acushnet Holdings Corp. will be held at 9:00 a.m. Eastern Daylight Time on June 8, 2026. You can attend the Annual Meeting online, vote your shares electronically and submit your questions during the Annual Meeting by visiting www.virtualshareholdermeeting.com/GOLF2026. You will need your 16-Digit Control Number included on your Notice of Internet Availability of Proxy Materials or your proxy card (if you received a printed copy of the proxy materials) to join the Annual Meeting. The Annual Meeting will be held for the following purposes:
| 1 | To elect as directors the following nominees recommended by the Board of Directors: Leanne Cunningham, Gregory Hewett, Ho Yeon (Aaron) Lee, David Maher, Jan Singer, Steven Tishman, Yoon Soo (Gene) Yoon and Keun Chang (Kevin) Yoon; |
| 2 | To approve, in a non-binding advisory vote, the compensation paid to the named executive officers; |
| 3 | To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026; and |
| 4 | To conduct any other business properly brought before the meeting. |
Only stockholders of record at the close of business on April 14, 2026, are entitled to notice of and to vote at the Annual Meeting and at any adjournment or postponement thereof. A list of such stockholders will be open to examination, during regular business hours, by any stockholders for at least ten days prior to the Annual Meeting at our offices at 333 Bridge Street, Fairhaven, Massachusetts 02719. Stockholders holding a majority of the voting power of the issued and outstanding shares of the Company entitled to vote, present or represented by proxy, at the Annual Meeting will constitute a quorum.
By Order of the Board of Directors,
Tessa N. Judge
Executive Vice President, Chief Legal Officer and Corporate Secretary
YOUR VOTE IS IMPORTANT
You are cordially invited to attend the 2026 Annual Meeting of Stockholders of Acushnet Holdings Corp. Whether or not you expect to attend the Annual Meeting, please read the enclosed proxy statement and follow the instructions to vote your shares by mail, internet or telephone as soon as possible. You may also vote your shares electronically during the Annual Meeting.
If you hold your shares in "street name," your broker, bank or other nominee cannot vote your shares on your behalf with respect to Proposals 1 or 2 until it receives your voting instructions. If you do not provide voting instructions by mail, internet or telephone, your shares will not be voted, except that if your shares are held by a broker, your broker may vote your shares with respect to Proposal 3 without instruction. Details regarding how to attend and the business to be conducted at the Annual Meeting are included in the enclosed proxy statement.
Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to Be Held on June 8, 2026.The proxy statement and annual report to stockholders are available at www.proxyvote.com.Proxy Statement for the2026 Annual Meeting of Stockholders of Acushnet Holdings Corp.To be held on June 8, 2026
Table of Contents
| Proxy Statement Summary | 1 |
|---|---|
| General Information About The Annual Meeting and Voting | 4 |
| Proposal 1 – Election of Directors | 9 |
| Director Compensation | 15 |
| Information About Our Board of Directors and Corporate Governance | 17 |
| Corporate Governance Guidelines | 17 |
| Committees of Our Board of Directors | 17 |
| Meetings of the Board of Directors and its Committees | 19 |
| Stockholder Engagement | 19 |
| Executive Sessions | 20 |
| Role of the Board in Risk Oversight | 20 |
| Director Nominations | 20 |
| Code of Business Conduct and Ethics | 21 |
| Corporate Responsibility | 21 |
| Controlled Company Exemption | 25 |
| Director Independence | 25 |
| Compensation Committee Interlocks and Insider Participation | 25 |
| Proposal 2 – Non-Binding Vote on Executive Compensation | 27 |
| Executive Compensation – Compensation Discussion and Analysis | 29 |
| Introduction | 29 |
| Executive Compensation Governance Practices and Principles | 29 |
| Role of the Compensation Committee, the Board and Executives in Compensation Decisions | 31 |
| Say on Pay Vote Outcome and Stockholder Engagement | 31 |
| Resources Guiding Compensation Decisions | 31 |
| Components of Our Executive Compensation Program | 32 |
| Base Salary | 33 |
| Annual Cash Incentives | 34 |
| Long-Term Incentives | 37 |
| Benefits and Perquisites | 39 |
| Retirement Plans | 39 |
| Retiree Health Benefits | 40 |
| Deferred Compensation | 40 |
| Severance and Change in Control Arrangements | 41 |
| Executive Agreements | 41 |
|---|---|
| Stock Ownership Policy | 42 |
| Clawback Policy | 42 |
| Securities Trading Policy; Equity Grants | 42 |
| Compensation Risk Assessment | 43 |
| Tax Considerations | 43 |
| Report of the Compensation Committee | 44 |
| Executive Compensation Tables | 45 |
| Summary Compensation Table | 45 |
| Grants of Plan Based Awards in 2025 | 47 |
| Outstanding Equity Awards as of December 31, 2025 | 48 |
| Stock Vested in 2025 | 50 |
| Pension Benefits for 2025 | 51 |
| Nonqualified Deferred Compensation for 2025 | 53 |
| Potential Payments Upon Termination or Change in Control | 54 |
| Severance and Change in Control Arrangements | 57 |
| Securities Authorized for Issuance Under Equity Compensation Plans | 59 |
| Pay Ratio Disclosure | 60 |
| Pay vs. Performance Disclosure | 61 |
| Proposal 3 – Ratification of Independent Registered Public Accounting Firm | 66 |
| Report of the Audit Committee | 68 |
| Principal Stockholders | 69 |
| Certain Relationships and Related Party Transactions | 71 |
| Other Matters | 73 |
| TABLE OF CONTENTS | PROXY SUMMARY | GENERAL INFO | PROPOSAL ONE | PROPOSAL TWO | EXECUTIVE COMPENSATION | PROPOSAL THREE |
|---|
Proxy Statement Summary
| DateJune 8, 2026 | Time9:00 a.m. EDT | Record DateApril 14, 2026 | Locationwww.virtualshareholdermeeting.com/GOLF2026 |
This summary highlights certain information contained elsewhere in this proxy statement but does not include everything you should consider. Please read this entire proxy statement and our 2025 Annual Report before voting.
PROPOSALS TO BE VOTED ON AND VOTING RECOMMENDATIONS
| Proposal | BoardRecommendation | For MoreInformation | ||
| 1 | Election of Leanne Cunningham, Gregory Hewett, Ho Yeon (Aaron) Lee, David Maher, Jan Singer, Steven Tishman, Yoon Soo (Gene) Yoon and Keun Chang (Kevin) Yoon as directors | FOR each nominee | See page 9 | |
| 2 | Approval, in a non-binding advisory vote, of the compensation paid to the named executive officers | FOR | See page 27 | |
| 3 | Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 | FOR | See page 66 |
WAYS TO VOTE
| By MailIf you received printed proxy materials, you may submit your proxy by completing, signing and dating the proxy card and returning it promptly in the envelope provided. | By InternetYou may vote your shares online by following the instructions on the Notice of Internet Availability of Proxy Materials and logging in to www.virtualshareholdermeeting.com/GOLF2026. | By PhoneYou may vote your shares by telephone by following the instructions on the proxy card. Your votes must be received by 11:59 p.m., Eastern Daylight Time on June 7, 2026 to be counted. |
| 2026 Proxy Statement | Acushnet Holdings Corp. 1 |
|---|
| TABLE OF CONTENTS | PROXY SUMMARY | GENERAL INFO | PROPOSAL ONE | PROPOSAL TWO | EXECUTIVE COMPENSATION | PROPOSAL THREE |
|---|
BOARD NOMINEES
The following table sets forth the names and certain other information about our directors as of the date of this proxy statement.
| Committees of the Board | |||
|---|---|---|---|
| Name · Position · Age · Director Since · Audit · Nominating & Corporate Governance · Compensation | |||
| David Maher | President, Chief Executive Officer, Director | 58 | 2018 |
| Yoon Soo (Gene) Yoon | Chairman | 80 | 2011 |
| Leanne Cunningham | Director | 56 | 2023 |
| Gregory Hewett | Director | 57 | 2016 |
| Ho Yeon (Aaron) Lee | Director | 43 | 2022 |
| Jan Singer | Director | 62 | 2021 |
| Steven Tishman | Director | 69 | 2016 |
| Keun Chang (Kevin) Yoon | Director | 50 | 2019 |
| Committee Chair | Committee Member |
CORPORATE RESPONSIBILITY
We are committed to operating our business responsibly and with consideration for our stockholders, associates, customers, suppliers and communities. Our goal is to incorporate this commitment into every aspect of our business, including the design, quality, safety and sourcing of our products; the safety, enrichment and fair treatment of our associates; our pursuit of environmentally-friendly processes; charitable efforts in our communities; and our strict adherence to applicable laws, regulations and best practices. More information on these efforts is available in this proxy statement and on our Corporate Responsibility website at www.titleist.com/corporate-responsibility.
| Governance and Oversight | Environmental Initiatives | Associate Safety, Health and Wellness | Supply Chain and Human Rights | Community Engagement |
| 2 Acushnet Holdings Corp. | 2026 Proxy Statement |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.