Form 4: Hayward Holdings SVP, CLO, Corporate Secretary Susan M. Canning Reports Stock Forfeiture for Tax Obligations

Sentiment:

SEC Form 4 Filing


Susan M. Canning, SVP, CLO, and Corporate Secretary of Hayward Holdings, Inc., reports forfeiting 3,264 shares of common stock to cover tax obligations upon vesting of restricted stock units on March 4, 2025.

Summary

  • On March 4, 2025, Susan M. Canning, SVP, CLO, and Corporate Secretary of Hayward Holdings, Inc., forfeited 3,264 shares of common stock.
  • The forfeiture was to satisfy tax withholding obligations related to the vesting of restricted stock units.
  • The price per share was $14.64.
  • Following the transaction, Canning directly owns 83,536 shares of Hayward Holdings, Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as this is a standard transaction for tax purposes and doesn't indicate a change in the executive's outlook on the company.

Industry Context

This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the executive's confidence in the company.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares forfeited to cover tax obligations.

Key Dates

DateDescription
03/04/2025Date of transaction: Susan M. Canning forfeited shares to cover tax obligations.
03/06/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Hayward Holdings, Stock Forfeiture, Tax Obligations, Susan M. Canning, HAYW, Officer

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.