Form 4: Hayward Holdings Director Ronald Keating Receives Equity Grant

Hayward Holdings, Inc. Director Ronald C. Keating was granted 9,462 restricted stock units of common stock on May 22, 2025, increasing his beneficial ownership to 42,758 shares.

Summary

• Ronald C. Keating, a Director of Hayward Holdings, Inc. (HAYW), reported an acquisition of common stock.
• The transaction occurred on May 22, 2025, and involved the grant of 9,462 shares of Common Stock.
• These shares represent restricted stock units (RSUs) granted at a price of $0, where each RSU is a contingent right to receive one share of the Issuer's common stock.
• The restricted stock units are scheduled to vest on the earlier of May 22, 2026, or the date of the 2026 annual meeting of stockholders of the Issuer.
• Vesting is contingent upon Mr. Keating remaining in continuous service with the Issuer's board of directors through the vesting date.
• Following this transaction, Ronald C. Keating beneficially owns a total of 42,758 shares of Hayward Holdings, Inc. Common Stock.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive sign of aligning management interests with shareholder value, though it's a routine compensation event and does not indicate extraordinary performance or strategic shifts.

Positives

• The grant of restricted stock units to Director Ronald C. Keating aligns his interests with those of the shareholders, as the value of his compensation is tied to the company's stock performance.
• Equity-based compensation is a common practice that incentivizes long-term commitment and performance from board members.

Future Outlook

The future outlook for Ronald C. Keating's compensation includes the vesting of 9,462 restricted stock units on the earlier of May 22, 2026, or the 2026 annual meeting of stockholders, contingent on his continued service as a director.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically an equity grant to a director, which is a common component of executive and board compensation across various industries to align leadership incentives with shareholder value.

Corporate Governance

Related Party Transactions

• The grant of restricted stock units to Ronald C. Keating, a Director of Hayward Holdings, Inc., constitutes a related party transaction as it involves compensation provided by the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The equity grant aligns the director's interests with shareholders, potentially leading to decisions that enhance long-term shareholder value.
• Employees: While not directly impacted, the compensation structure for directors can reflect the company's overall approach to incentivizing key personnel.

Next Steps

• The restricted stock units are expected to vest on the earlier of May 22, 2026, or the date of the 2026 annual meeting of stockholders, subject to continuous service.

Key Dates

Keywords

Hayward Holdings, HAYW, SEC Form 4, Insider Transaction, Equity Grant, Restricted Stock Units, RSU, Director Compensation, Beneficial Ownership