Form 4: Hayward Holdings SVP, Chief Global Operations, Eric Sejourne, Reports Acquisition of Restricted Stock Units

Eric Sejourne, SVP, Chief Global Operations at Hayward Holdings, Inc., reports the acquisition of 18,979 restricted stock units.

Summary

• On February 28, 2025, Eric Sejourne, SVP, Chief Global Operations at Hayward Holdings, Inc., acquired 18,979 restricted stock units (RSUs) under the company's 2021 Equity Plan.
• These RSUs represent the contingent right to receive one share of Hayward Holdings' common stock per unit.
• The RSUs vest in three equal installments on February 28, 2026, February 28, 2027, and February 28, 2028, contingent upon continuous service with the Issuer through each vesting date.
• Following the transaction, Sejourne directly owns 54,507 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a standard executive compensation practice that aligns management interests with shareholders. The grant of RSUs is a positive incentive for the executive.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing long-term performance and retention.

Risks

• The vesting of the RSUs is contingent upon continuous service, meaning that if the executive leaves the company before the vesting dates, the unvested RSUs will be forfeited.

Future Outlook

The executive will receive shares of common stock as the restricted stock units vest over the next three years, assuming continued service with the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies as part of executive compensation packages. It provides transparency into the holdings of company insiders.

Comparison to Industry Standards

• Equity compensation is a standard practice across publicly listed companies to align management's interests with shareholders.
• Companies like Pentair, Fluidra, and Pool Corporation also utilize equity-based compensation for their executives.
• The vesting schedules and terms of these grants are generally comparable across the industry, with vesting typically tied to continued employment.

Stakeholder Impact

• Shareholders may view this as a positive sign, as it aligns the executive's interests with the company's long-term success.
• Employees may see this as a standard part of the company's compensation practices.

Key Dates