Form 4: Hayward Holdings SVP and CFO Eifion Jones Reports Changes in Beneficial Ownership

Eifion Jones, Senior Vice President and CFO of Hayward Holdings, reports the acquisition of restricted stock units and forfeiture of shares to cover tax obligations.

Summary

• On February 28, 2025, Eifion Jones, Senior Vice President and CFO of Hayward Holdings, acquired 41,408 restricted stock units.
• These restricted stock units were granted under the company's 2021 Equity Plan.
• Each unit represents the right to receive one share of Hayward Holdings' common stock.
• The 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 company.
• On March 3, 2025, Jones forfeited 5,673 shares of common stock at a price of $14.49 to satisfy tax withholding obligations related to the vesting of restricted stock units.
• Following these transactions, Jones beneficially owns 294,638 shares of Hayward Holdings' common stock.

Sentiment

Score: 6

Explanation: The document reflects standard executive compensation practices and doesn't contain any information that would significantly impact investor sentiment positively or negatively. It's a neutral disclosure.

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.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects standard practices for aligning executive incentives with shareholder value.

Comparison to Industry Standards

• Equity compensation is a common practice among publicly traded companies to incentivize executives.
• Vesting schedules, like the three-year installment plan described, are standard in the industry to ensure long-term commitment.
• Forfeiting shares to cover tax obligations is a typical method for handling taxes related to equity compensation.
• Comparable companies like Pentair and Pool Corporation also utilize similar equity compensation plans for their executives.

Stakeholder Impact

• Shareholders may view the equity compensation as a way to align management's interests with the company's long-term success.
• Employees may see the equity plan as a positive aspect of the company's compensation structure.

Key Dates