Form 4: MSD Partners Reduces Stake in Hayward Holdings Through Pro Rata Distribution
SEC Form 4 Filing
MSD Partners, L.P. reports a change in beneficial ownership of Hayward Holdings, Inc. stock due to a pro rata distribution to its members.
Summary
- MSD Partners, L.P. filed a Form 4 indicating a change in their beneficial ownership of Hayward Holdings, Inc. (HAYW) common stock.
- The change resulted from a pro rata distribution by MSD Aqua Partners, LLC to its members.
- This distribution involved 65,003,866 shares of common stock.
- Following the transaction, MSD Partners maintains indirect beneficial ownership through MSD EIV Private, LLC (1,305,394 shares) and MSD Aqua Partners, L.P. (1,346,472 shares).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing indicating a change in ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US market and are required when there are material changes to ownership of a publicly listed company.
Stakeholder Impact
- The pro rata distribution may have a minor impact on shareholders due to the change in ownership structure.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of the pro rata distribution of Hayward Holdings common stock. |
| 09/13/2024 | Date of the Form 4 filing. |
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