Form 4: Hayward Holdings Executive Billy Emory Reports Stock Transactions

Billy Emory, VP and Chief Accounting Officer of Hayward Holdings, reports the acquisition and disposal of company stock, including shares forfeited for tax obligations and restricted stock units granted under the 2021 Equity Plan.

Summary

• On March 4, 2024, Billy Emory, VP and Chief Accounting Officer of Hayward Holdings, reported transactions involving the company's common stock.
• Emory forfeited 1,818 shares to cover tax withholding obligations at a price of $14.33 per share.
• Emory also acquired 9,534 restricted stock units under the 2021 Equity Plan.
• These restricted stock units vest in three equal installments on March 4, 2025, March 4, 2026, and March 4, 2027, contingent upon continuous service with Hayward Holdings.
• Following these transactions, Emory beneficially owns 24,461 shares of common stock.

Sentiment

Score: 5

Explanation: This is a routine filing of insider transactions, neither particularly positive nor negative.

Positives

• The granting of restricted stock units to the VP, Chief Accounting Officer aligns his interests with the long-term performance of the company.

Future Outlook

The restricted stock units vest over a three-year period, incentivizing continued service with the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine compensation and tax obligations of a company executive.

Key Dates