Form 4: Hayward Holdings Executive Receives Stock Grant and Forfeits Shares for Tax Obligations

John Alec Collins, SVP and Chief Commercial Officer of Hayward Holdings, Inc., received a grant of restricted stock units and forfeited shares to cover tax obligations.

Summary

• On February 28, 2025, John Alec Collins, SVP and Chief Commercial Officer of Hayward Holdings, Inc., was granted 25,880 restricted stock units under the company's 2021 Equity Plan.
• These restricted stock units vest in three equal installments on February 28, 2026, February 28, 2027, and February 28, 2028, contingent upon continuous service with the Issuer.
• On March 3, 2025, Collins forfeited 2,136 shares of Common Stock to satisfy tax withholding obligations related to the vesting of restricted stock units at a price of $14.49 per share.
• Following these transactions, Collins directly owns 301,403 shares of Hayward Holdings, Inc.

Sentiment

Score: 5

Explanation: The document reflects standard executive compensation practices, with no particularly positive or negative implications.

Positives

• The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service with Hayward Holdings, Inc.

Industry Context

Executive compensation through stock grants is a common practice in publicly traded companies to incentivize performance and align management's interests with shareholders.

Stakeholder Impact

• The stock grant incentivizes the executive to improve company performance, potentially benefiting shareholders.
• The forfeiture of shares for tax obligations has a negligible impact on stakeholders.

Key Dates