Form 4: Hayward Holdings SVP, CLO, Corporate Secretary Susan M. Canning Reports Stock Forfeiture for Tax Obligations
SEC Form 4 Filing
Susan M. Canning, SVP, CLO, and Corporate Secretary of Hayward Holdings, Inc., reported forfeiting 208 shares of common stock to cover tax withholding obligations on vested restricted stock units on August 5, 2024.
Summary
- On August 5, 2024, Susan M. Canning, the SVP, CLO, and Corporate Secretary of Hayward Holdings, Inc., forfeited 208 shares of common stock.
- The forfeiture was to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Canning directly owns 67,696 shares of Hayward Holdings, Inc.
- The transaction was reported on August 6, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and does not indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of stock forfeiture transaction |
| 08/06/2024 | Date of Form 4 filing |
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.