HAYW Form 144: Insider sold 55,000 shares recently; 20,000 planned
Rhea-AI Filing Summary
The Form 144 reports a proposed sale of 20,000 common shares through Fidelity Brokerage Services LLC on 08/13/2025 with an aggregate market value of $330,000. The table shows these shares were recorded as acquired on 08/13/2025 following an option granted 04/20/2020, with payment by cash. The filing lists 216,706,567 shares outstanding.
The notice also discloses prior sales by the same account: 30,000 shares on 06/10/2025 for $429,300, 10,000 on 07/01/2025 for $145,000, and 15,000 on 07/30/2025 for $232,500, totaling 55,000 shares and $806,800 gross proceeds. The filer signs the standard representation that no material nonpublic information is known and includes the Rule 10b5-1 notice language.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale filing; recent insider sales are quantitatively small versus shares outstanding.
The Form 144 documents a planned sale of 20,000 shares valued at $330,000 and discloses 55,000 shares sold in the prior three months for $806,800. Relative to the reported 216,706,567 shares outstanding, recent sales represent approximately 0.025% of the float and the proposed sale is about 0.009%, indicating the transactions are immaterial to capital structure. The filing is procedurally complete: it identifies the brokerage, the exchange (NYSE), acquisition method (option granted 04/20/2020), and payment method (cash), and includes the required insider certification regarding material nonpublic information.
TL;DR: Disclosure meets Rule 144 formality and shows ongoing insider liquidity, without apparent material corporate implications.
The notice provides the required particulars for compliance with Rule 144, including broker details and explicit past-sales reporting by the named seller, Eifion Jones. The presence of multiple sales in the past three months is disclosed, but absolute volumes and proceeds are small relative to total shares outstanding, suggesting limited governance or control implications. The filer also includes the standard Rule 10b5-1/trading-plan language and signature warning, supporting procedural transparency.