Form 4: Michael Dell Donates 1.2 Million Hayward Holdings Shares to Charity

Michael Dell reports gifting a total of 1.2 million shares of Hayward Holdings, Inc. to charitable entities in two separate transactions.

Summary

• Michael Dell, a director and 10% owner of Hayward Holdings, Inc., filed a Form 4 with the SEC.
• The form details changes in his beneficial ownership of the company's stock.
• On November 5, 2024, Dell gifted 600,000 shares of common stock to charitable entities.
• On November 6, 2024, he gifted another 600,000 shares of common stock to charitable entities.
• Both transactions were reported as gifts with a price of $0 per share.
• Following these transactions, Dell directly owns 14,080,173 shares of Hayward Holdings, Inc.
• Dell also indirectly owns 10,227,559 shares through MSD Private Capital Investments, SLD Personal Income, and MSD Personal Income.

Sentiment

Score: 6

Explanation: The document itself is neutral, reporting a transaction. The charitable donation could be seen as slightly positive, but the overall impact is likely minimal.

Positives

• The charitable donations may be viewed positively by stakeholders.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The charitable donation may have a minor positive impact on shareholder sentiment.

Key Dates