Form 4: Hayward Holdings CEO Holleran Exercises and Sells Shares Under 10b5-1 Plan

CEO Kevin Holleran exercised stock options and sold shares of Hayward Holdings, Inc. common stock on September 3, 2024, according to a Form 4 filing with the SEC.

Summary

• On September 3, 2024, Kevin Holleran, the President and CEO of Hayward Holdings, Inc., executed transactions involving the company's common stock.
• Holleran exercised stock options to acquire 42,857 shares at a price of $1.40 per share.
• Simultaneously, Holleran sold 42,857 shares at a weighted average price of $14.2922, with individual sales ranging from $14.10 to $14.75.
• Following these transactions, Holleran directly owns 522,799 shares of common stock.
• He also indirectly owns 700 shares each through Child A, Child B, and Child C.
• Holleran continues to hold options to purchase 3,338,571 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider trading activity. It doesn't contain any information that would significantly sway investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. Insider sales are common and can be for various personal financial reasons.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold compared to the total outstanding.

Key Dates