Erik J. Anderson - Nov 13, 2023 Form 4 Insider Report for Topgolf Callaway Brands Corp. (MODG)

Role: Director
Signature: /s/ Erik J Anderson
Stock symbol: MODG
Transactions as of: Nov 13, 2023
Transactions value $: -$330,500
Form type: 4
Date filed: 11/15/2023, 04:23 PM
Previous filing: Nov 14, 2023
Next filing: Feb 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MODG	Common Stock	Sale	-$99.4K	-10K	-1.22%	$9.94	813K	Nov 13, 2023	By WestRiver Management, LLC	F1
transaction	MODG	Common Stock	Sale	-$111K	-10K	-1.23%	$11.08	803K	Nov 14, 2023	By WestRiver Management, LLC	F1
transaction	MODG	Common Stock	Sale	-$120K	-10K	-1.25%	$12.03	793K	Nov 15, 2023	By WestRiver Management, LLC	F1
holding	MODG	Common Stock						31.2K	Nov 13, 2023	Direct
holding	MODG	Common Stock						40.5K	Nov 13, 2023	By Anderson Family Investments, LLC	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person is the sole member and sole manager of WestRiver Management, LLC ("WestRiver Management") and the sole manager of Anderson Family Investments, LLC ("AFI"). As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WestRiver Management and AFI. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.

Content

The Reporting Person is the sole member and sole manager of WestRiver Management, LLC ("WestRiver Management") and the sole manager of Anderson Family Investments, LLC ("AFI"). As a result, the Reporting Person may be deemed to beneficially own the securities held of record by WestRiver Management and AFI. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.