Hayward director granted 1,329 stock units
Hayward Holdings, Inc. director Kevin D. Brown reported an equity award from the company.
Rhea-AI Filing Summary
Hayward Holdings, Inc. director Kevin D. Brown reported an equity award from the company. He acquired 1,329 restricted stock units, each representing the right to receive one share of Hayward common stock. These units vest on December 31, 2026, if he remains in continuous service. After this grant, Brown directly holds 3,209,408 shares of common stock.
Positive
- None.
Negative
- None.
Insights
Director received a routine restricted stock unit grant with future vesting conditions.
The filing shows Kevin D. Brown, a director of Hayward Holdings, Inc., received 1,329 restricted stock units at a price of $0.0000 per unit. This is categorized as a grant or award acquisition rather than an open-market purchase.
Each unit represents a contingent right to one share of common stock and will vest on December 31, 2026, provided he remains in continuous service. Following the award, he directly owns 3,209,408 common shares. This appears to be standard director compensation, with limited immediate impact on the overall equity structure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,329 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units granted to the Reporting Person. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock, par value $0.001 per share. The restricted stock units vest on December 31, 2026, provided that the Reporting Person remains in continuous service with the Issuer through the vesting date.
FAQ
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What did Hayward Holdings (HAYW) director Kevin D. Brown report on this Form 4?
How many restricted stock units did Kevin D. Brown receive from Hayward Holdings (HAYW)?
When do Kevin D. Brown’s Hayward Holdings (HAYW) restricted stock units vest?
Did Kevin D. Brown buy or sell Hayward Holdings (HAYW) stock in the market?
What conditions apply to Kevin D. Brown’s Hayward Holdings (HAYW) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.