secwatch.observer — SEC 8-K summary
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Issuer:     Acushnet Holdings Corp. (GOLF)
CIK:        0001672013
Form:       8-K
Filed at:   2023-03-24T23:59:59+00:00
Accession:  0001672013-23-000016
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acushnet Holdings CFO Thomas Pacheco to resign effective August 15, 2023
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- Thomas Pacheco resigns as EVP, CFO and CAO effective Aug 15, 2023; resignation not due to any disagreement.
- Severance includes 18 months base salary ($855,000) and COBRA subsidy up to 18 months or Feb 15, 2025.
- Lump sum target bonus of $370,500 (65% of 2023 salary) to be paid on separation.
- Certain RSUs and PSUs vesting in Feb 2024 will remain eligible; other unvested equity forfeited.
- Pacheco agrees to 18-month non-compete, non-solicit, and perpetual confidentiality obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1672013/000167201323000016/0001672013-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1672013/000167201323000016/golf-20230320.htm
  HTML page:      https://secwatch.observer/filing/0001672013-23-000016

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