Form 4: Hayward Holdings CEO Kevin Holleran Executes Stock Option and Sells Shares

Hayward Holdings CEO Kevin Holleran exercised stock options and sold a portion of the acquired shares on August 5, 2024.

Summary

• On August 5, 2024, Kevin Holleran, the President and CEO of Hayward Holdings, Inc., exercised stock options to acquire 42,857 shares of common stock at a price of $1.40 per share.
• Simultaneously, Holleran sold 42,857 shares of common stock at a weighted average price of $13.6268, with individual transactions ranging from $13.11 to $13.89.
• Following these transactions, Holleran directly owns 522,799 shares of Hayward Holdings common stock.
• He also indirectly owns 700 shares each through Child A, Child B, and Child C.
• Holleran continues to hold options to purchase 3,381,428 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.

Industry Context

This filing reflects routine transactions by a company executive and is typical for publicly traded companies. It provides transparency into executive compensation and stock ownership.

Comparison to Industry Standards

• Executive stock option exercises and sales are common in publicly traded companies like Hayward Holdings.
• Comparable companies such as Pentair and Pool Corporation also see similar filings from their executives.
• The size and frequency of these transactions are generally aligned with industry norms for executive compensation and equity ownership.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.
• The filing provides transparency to stakeholders regarding executive compensation and stock ownership.

Key Dates