Form 4: Hayward Holdings Executive Receives Restricted Stock Units

Susan Canning, SVP, CLO, and Corporate Secretary of Hayward Holdings, Inc., was granted 71,074 restricted stock units on June 6, 2026.

Summary

• Susan M. Canning, Senior Vice President, Chief Legal Officer, and Corporate Secretary of Hayward Holdings, Inc., received an ad hoc retention award of 71,074 restricted stock units (RSUs) on June 6, 2026.
• These RSUs are granted under the Hayward Holdings, Inc. 2021 Equity Plan.
• Each RSU represents the contingent right to receive one share of the Issuer's common stock.
• The RSUs will vest in two equal installments on June 6, 2029, and June 6, 2031, provided the reporting person remains in continuous service with the Issuer through each vesting date.
• Following this transaction, Susan M. Canning beneficially owns 174,911 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a standard executive retention award rather than a significant financial performance indicator or strategic shift.

Positives

• Retention award granted to a key executive, indicating management's commitment to retaining talent.
• Grant of restricted stock units aligns executive compensation with long-term company performance and shareholder value.
• Vesting schedule over several years encourages continued service and focus on long-term growth.

Risks

• The value of the RSUs is subject to the future performance of Hayward Holdings, Inc. common stock.
• Vesting is contingent on continuous service, meaning the executive could forfeit the award if they leave the company before the vesting dates.

Future Outlook

The future outlook for the restricted stock units is tied to the continued service of Susan M. Canning and the performance of Hayward Holdings, Inc. common stock, with vesting scheduled for June 6, 2029, and June 6, 2031.

Industry Context

StockSavvy.ai notes that the granting of restricted stock units as retention awards is a common practice in the technology and manufacturing sectors, particularly for key executives, to incentivize long-term commitment and align their interests with shareholders.

Stakeholder Impact

• Shareholders: The grant of RSUs is a form of compensation that may dilute ownership slightly upon vesting, but it also aligns executive interests with long-term shareholder value.
• Employees: May signal a stable management team, but does not directly impact most employees.
• Management: Reinforces the retention of a key executive (SVP, CLO, Corporate Secretary).

Next Steps

• Susan M. Canning to remain in continuous service through June 6, 2029, for the first vesting installment.
• Susan M. Canning to remain in continuous service through June 6, 2031, for the second vesting installment.

Key Dates

Keywords

Hayward Holdings, HAYW, Form 4, SEC Filing, Restricted Stock Units, RSU, Equity Plan, Executive Compensation, Retention Award, Susan Canning