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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

GOLF$80.74-3.4%Stored close · as of Nov 6, 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:
oPreliminary Proxy Statement
oConfidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
ýDefinitive Proxy Statement
oDefinitive Additional Materials
oSoliciting 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):
ýNo fee required.
oFee paid previously with preliminary materials.
oFee 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:

1To 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;
2To approve, in a non-binding advisory vote, the compensation paid to the named executive officers;
3To ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026; and
4To 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 Summary1
General Information About The Annual Meeting and Voting4
Proposal 1 – Election of Directors9
Director Compensation15
Information About Our Board of Directors and Corporate Governance17
Corporate Governance Guidelines17
Committees of Our Board of Directors17
Meetings of the Board of Directors and its Committees19
Stockholder Engagement19
Executive Sessions20
Role of the Board in Risk Oversight20
Director Nominations20
Code of Business Conduct and Ethics21
Corporate Responsibility21
Controlled Company Exemption25
Director Independence25
Compensation Committee Interlocks and Insider Participation25
Proposal 2 – Non-Binding Vote on Executive Compensation27
Executive Compensation – Compensation Discussion and Analysis29
Introduction29
Executive Compensation Governance Practices and Principles29
Role of the Compensation Committee, the Board and Executives in Compensation Decisions31
Say on Pay Vote Outcome and Stockholder Engagement31
Resources Guiding Compensation Decisions31
Components of Our Executive Compensation Program32
Base Salary33
Annual Cash Incentives34
Long-Term Incentives37
Benefits and Perquisites39
Retirement Plans39
Retiree Health Benefits40
Deferred Compensation40
Severance and Change in Control Arrangements41
Executive Agreements41
Stock Ownership Policy42
Clawback Policy42
Securities Trading Policy; Equity Grants42
Compensation Risk Assessment43
Tax Considerations43
Report of the Compensation Committee44
Executive Compensation Tables45
Summary Compensation Table45
Grants of Plan Based Awards in 202547
Outstanding Equity Awards as of December 31, 202548
Stock Vested in 202550
Pension Benefits for 202551
Nonqualified Deferred Compensation for 202553
Potential Payments Upon Termination or Change in Control54
Severance and Change in Control Arrangements57
Securities Authorized for Issuance Under Equity Compensation Plans59
Pay Ratio Disclosure60
Pay vs. Performance Disclosure61
Proposal 3 – Ratification of Independent Registered Public Accounting Firm66
Report of the Audit Committee68
Principal Stockholders69
Certain Relationships and Related Party Transactions71
Other Matters73
TABLE OF CONTENTSPROXY SUMMARYGENERAL INFOPROPOSAL ONEPROPOSAL TWOEXECUTIVE COMPENSATIONPROPOSAL THREE

Proxy Statement Summary

DateJune 8, 2026Time9:00 a.m. EDTRecord DateApril 14, 2026Locationwww.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

ProposalBoardRecommendationFor MoreInformation
1Election 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 directorsFOR each nomineeSee page 9
2Approval, in a non-binding advisory vote, of the compensation paid to the named executive officersFORSee page 27
3Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026FORSee 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 StatementAcushnet Holdings Corp. 1
TABLE OF CONTENTSPROXY SUMMARYGENERAL INFOPROPOSAL ONEPROPOSAL TWOEXECUTIVE COMPENSATIONPROPOSAL 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 MaherPresident, Chief Executive Officer, Director582018
Yoon Soo (Gene) YoonChairman802011
Leanne CunninghamDirector562023
Gregory HewettDirector572016
Ho Yeon (Aaron) LeeDirector432022
Jan SingerDirector622021
Steven TishmanDirector692016
Keun Chang (Kevin) YoonDirector502019
Committee ChairCommittee 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 OversightEnvironmental InitiativesAssociate Safety, Health and WellnessSupply Chain and Human RightsCommunity Engagement
2 Acushnet Holdings Corp.2026 Proxy Statement
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.