HAYW CEO sold 60,571 shares at $15.16 after exercising options
Rhea-AI Filing Summary
Hayward Holdings, Inc. (HAYW) reporting-person Kevin Holleran, who is listed as President and CEO and a director, completed linked option and stock transactions on 10/01/2025. He exercised 60,571 stock options at an exercise price of $1.40, and those options underpin 60,571 shares of common stock. The Form 4 also discloses a sale of 60,571 common shares at a weighted average price of $15.1601, leaving 623,540 shares directly beneficially owned after the sale. The filing shows additional indirect holdings of 700 shares each by three children and reports 2,635,713 derivative securities beneficially owned following the option activity.
Positive
- 60,571 options were exercised at a low $1.40 exercise price, creating immediate equity
- Filing discloses resulting direct ownership of 623,540 shares and 2,635,713 derivative securities, providing clear disclosure of holdings
Negative
- A sale of 60,571 shares at a weighted average $15.1601 reduced direct beneficial ownership
- Multiple sales across a price range ($15.0650–$15.2550) require the filer to supply per‑price details upon request, indicating complexity in the transaction reporting
Insights
Insider exercised options at
The filing shows 60,571 options exercised and a contemporaneous sale of 60,571 common shares at a weighted average price of $15.1601, which is documented in the explanation as a range from $15.0650 to $15.2550. This sequence is consistent with an exercise-and-sell transaction where the option exercise increases holdings briefly and the sale reduces direct ownership.
The report also records 623,540 shares directly owned after the sale and lists 2,635,713 derivative securities beneficially owned following the reported option activity; both figures are explicit in the filing and matter for ownership disclosure and potential voting influence.