Form 4: Hayward Holdings VP, Chief Engineering Officer, Kevin Gallagher, Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Kevin Gallagher, VP, Chief Engineering Officer of Hayward Holdings, Inc., reports acquisition of restricted stock units and changes in beneficial ownership.

Summary

  • On February 28, 2025, Kevin Gallagher, VP, Chief Engineering Officer of Hayward Holdings, Inc., acquired 13,113 shares of Common Stock at $0.
  • These shares were in the form of restricted stock units granted under the 2021 Equity Plan.
  • The restricted stock units vest in three equal installments on February 28, 2026, February 28, 2027, and February 28, 2028, contingent upon continuous service with the Issuer.
  • Following the transaction, Gallagher directly owns 26,932 shares of Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns executive interests with company performance.

Positives

  • The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.

Future Outlook

The restricted stock units vest over a three-year period, incentivizing continued service and contribution to the company's success.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies as part of executive compensation packages.

Stakeholder Impact

  • The grant of restricted stock units aligns the executive's interests with those of the shareholders, potentially leading to increased shareholder value.

Key Dates

DateDescription
02/28/2025Date of transaction: Acquisition of 13,113 restricted stock units.
02/28/2026First vesting date for restricted stock units.
02/28/2027Second vesting date for restricted stock units.
02/28/2028Third vesting date for restricted stock units.
03/04/2025Date of signature on the Form 4 filing.

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