Hayward Holdings (HAYW) director receives 10,608 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keating Ronald C reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. director Ronald C. Keating received a grant of 10,608 restricted stock units of common stock as compensation. Each unit represents the right to receive one share if vesting conditions are met. After this award, he holds 59,171 shares directly. The units vest on the earlier of May 21, 2027 or the 2027 annual stockholders meeting, if he continues serving on the board through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keating Ronald C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,608 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 59,171 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 10,608 units
Grant price: $0.00 per share
Post-transaction holdings: 59,171 shares
+1 more
4 metrics
RSU grant size
10,608 units
Restricted stock units granted to director on May 21, 2026
Grant price
$0.00 per share
Compensatory award, not an open-market purchase
Post-transaction holdings
59,171 shares
Common stock held directly after award
Vesting date
May 21, 2027
Earlier of this date or 2027 annual meeting
Key Terms
restricted stock units, contingent right, continuous service, vesting date
4 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
"provided that the Reporting Person remains in continuous service with the Issuer's board of directors"
vesting date financial
"through the vesting date."
FAQ
What insider transaction did Hayward Holdings (HAYW) report for Ronald C. Keating?
Hayward Holdings reported that director Ronald C. Keating received 10,608 restricted stock units of common stock as a compensation grant. Each unit represents a contingent right to one share, subject to vesting conditions linked to service on the company’s board.
When do Ronald C. Keating’s new Hayward Holdings (HAYW) restricted stock units vest?
The restricted stock units vest on the earlier of May 21, 2027 or the date of Hayward Holdings’ 2027 annual stockholders meeting. Vesting requires that Ronald C. Keating remain in continuous service on the company’s board of directors through the applicable vesting date.
What does the zero price on Ronald C. Keating’s Hayward (HAYW) Form 4 grant mean?
The reported price of $0.00 per share indicates a compensatory grant, not a market purchase. The 10,608 restricted stock units were awarded to Ronald C. Keating as part of his director compensation, with value realized only if and when the units vest into common shares.
What conditions apply to the Hayward Holdings (HAYW) restricted stock units granted to Ronald C. Keating?
Each restricted stock unit represents a contingent right to one share of common stock. The units vest only if Ronald C. Keating remains in continuous service on Hayward Holdings’ board of directors through the earlier of May 21, 2027 or the 2027 annual stockholders meeting.