Form 4: Hayward Holdings SVP, Chief Human Resources Officer Raymond Lewis H JR, Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Raymond Lewis H JR, SVP, Chief Human Resources Officer of Hayward Holdings, reports the acquisition of restricted stock units on August 1, 2024.
Summary
- On August 1, 2024, Raymond Lewis H JR, SVP, Chief Human Resources Officer of Hayward Holdings, acquired 10,468 restricted stock units (RSUs) that vest in two equal installments on March 4, 2025, and March 4, 2026.
- He also acquired 13,033 restricted stock units that vest in three equal installments on August 1, 2025, August 1, 2026, and August 1, 2027.
- Following these transactions, Lewis directly owns 23,501 shares of Hayward Holdings common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns management interests with shareholders.
Positives
- The acquisition of restricted stock units by a high-ranking officer signals confidence in the company's future performance.
Future Outlook
The vesting schedules of the restricted stock units indicate a long-term commitment by the executive to the company's success.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership structure and alignment of management's interests with shareholders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment as it demonstrates the executive's commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Acquisition of restricted stock units. |
| 08/02/2024 | Date of signature by attorney-in-fact. |
| 03/04/2025 | First vesting date for 5,234 of the restricted stock units. |
| 08/01/2025 | First vesting date for 4,344 of the restricted stock units. |
| 03/04/2026 | Second vesting date for 5,234 of the restricted stock units. |
| 08/01/2026 | Second vesting date for 4,344 of the restricted stock units. |
| 08/01/2027 | Third vesting date for 4,345 of the restricted stock units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.