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

Hayward Holdings CEO Kevin Holleran exercised stock options and sold a portion of the acquired shares on July 2, 2024.

Summary

• On July 2, 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 $12.1259, with individual transactions ranging from $12.08 to $12.18.
• 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 3,424,285 shares of common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's common for executives to exercise stock options and sell a portion of the shares for personal financial management.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The details provided are consistent with regulatory requirements for disclosing insider transactions.
• Comparable companies like Pentair or Pool Corporation would have similar filings when their executives trade company stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates