Hayward Holdings (HAYW) HR chief granted 15,625 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lewis Raymond H JR reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. reported that SVP and Chief Human Resources Officer Lewis Raymond H Jr received an equity award of 15,625 restricted stock units of common stock on February 27, 2026. The award was granted under the company’s 2021 Equity Plan at no cash cost per unit.
Each restricted stock unit represents the right to receive one share of Hayward common stock, vesting in three equal installments on February 28, 2027, February 28, 2028, and February 28, 2029, as long as he remains in continuous service. After this grant, his directly held common stock and unit-based holdings total 50,420 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lewis Raymond H JR
Role
SVP, Chief Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,625 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 50,420 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Hayward Holdings (HAYW) insider Lewis Raymond H Jr receive in this Form 4?
Lewis Raymond H Jr received a grant of 15,625 restricted stock units of Hayward Holdings common stock. These units are part of his equity compensation under the 2021 Equity Plan and were awarded at no cash cost per unit.
How do the 15,625 restricted stock units for HAYW’s SVP vest over time?
The 15,625 restricted stock units vest in three equal installments on February 28, 2027, February 28, 2028, and February 28, 2029. Vesting requires that Lewis Raymond H Jr remain in continuous service with Hayward Holdings through each vesting date.
What does each restricted stock unit granted by Hayward Holdings (HAYW) represent?
Each restricted stock unit represents the contingent right to receive one share of Hayward Holdings common stock. Delivery of shares is subject to the vesting schedule and continuous service conditions described in the company’s 2021 Equity Plan.
Under which plan were the 15,625 restricted stock units for HAYW granted?
The 15,625 restricted stock units were granted under the Hayward Holdings, Inc. 2021 Equity Plan. This plan provides equity-based compensation, and the award to Lewis Raymond H Jr is subject to its terms and the stated vesting conditions.
Is the Form 4 transaction for Hayward Holdings (HAYW) a purchase or a compensation award?
The Form 4 transaction is a compensation award, not an open-market purchase. It is coded as a grant or award acquisition of restricted stock units, provided at no cash price per share to the executive as part of his compensation package.