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., 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
| Date | Description |
|---|---|
| 03/04/2025 | Date of transaction: Susan M. Canning forfeited shares to cover tax obligations. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Hayward Holdings, Stock Forfeiture, Tax Obligations, Susan M. Canning, HAYW, Officer
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