Hayward Holdings (HAYW) awards 1,416 RSUs to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Kevin D. reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. director Kevin D. Brown received a grant of 1,416 restricted stock units of common stock as equity compensation. The units carry no purchase price and increase his directly held position to 3,210,824 shares after the award.
Each restricted stock unit represents the right to receive one Hayward common share if vesting conditions are met. The units are scheduled to vest on December 31, 2026, provided Brown remains in continuous service with the company through that date, making this a routine, service-based long-term incentive grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Kevin D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,416 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,210,824 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,416 units
Total shares after grant: 3,210,824 shares
Grant price per unit: $0.00 per unit
+1 more
4 metrics
RSUs granted
1,416 units
Restricted stock units granted to director on April 30, 2026
Total shares after grant
3,210,824 shares
Common stock directly held following the transaction
Grant price per unit
$0.00 per unit
Reported transaction price for the restricted stock units
Vesting date
December 31, 2026
RSUs vest if continuous service condition is met
Key Terms
restricted stock units, contingent right, continuous service
3 terms
restricted stock units financial
"Represents restricted stock units granted to the Reporting Person."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents the contingent right to receive one share"
continuous service financial
"The restricted stock units vest on December 31, 2026, provided that the Reporting Person remains in continuous service"
FAQ
What did Hayward Holdings (HAYW) director Kevin D. Brown report on this Form 4?
Kevin D. Brown reported receiving 1,416 restricted stock units of Hayward Holdings common stock. These equity awards were granted at no cash cost and are designed as long-term compensation tied to his continued service on the company’s board of directors.
When do Kevin D. Brown’s new Hayward Holdings (HAYW) restricted stock units vest?
The 1,416 restricted stock units granted to Kevin D. Brown are scheduled to vest on December 31, 2026. Vesting requires that he remain in continuous service with Hayward Holdings through that date, aligning the award with long-term board tenure and commitment.
What does each Hayward Holdings (HAYW) restricted stock unit represent in Kevin D. Brown’s award?
Each restricted stock unit represents a contingent right to receive one share of Hayward Holdings common stock. The right becomes actual shares only if the vesting condition is satisfied, meaning Brown must remain in continuous service with the company through December 31, 2026.