Form 4: Hayward Holdings Executive Forfeits Shares to Cover Tax Obligations
SEC Form 4 Filing
Fernando Blasco, a VP&GM at Hayward Holdings, forfeited 616 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 4, 2024, Fernando Blasco, VP&GM of Europe & Rest of World at Hayward Holdings, Inc., forfeited 616 shares of common stock to satisfy tax withholding obligations.
- The transaction occurred at a price of $14.33 per share.
- Following the transaction, Blasco directly owns 14,241 shares of Hayward Holdings, Inc.
- The transaction was not a sale by the reporting person.
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to tax obligations, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares forfeited for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of the transaction where Fernando Blasco forfeited shares. |
| 03/06/2024 | Date of signature for the Form 4 filing. |
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