Hayward (HAYW) SVP reports equity award and tax withholding trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hayward Holdings, Inc. senior vice president and chief legal officer Susan M. Canning reported equity compensation activity in company common stock. She acquired 3,109 shares on March 2, 2026 at $0.00 per share from a performance-based restricted stock unit award that vested after a three-year performance period tied to adjusted EBITDA and return on gross invested capital. On the same date, 885 shares at $15.98 per share and 6,330 shares at $16.00 per share were disposed of to cover tax withholding obligations related to these awards. After these transactions, she directly owned 104,830 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Canning Susan M.
Role
SVP, CLO, Corporate Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,109 | $0.00 | -- |
| Tax Withholding | Common Stock | 885 | $15.98 | $14K |
| Tax Withholding | Common Stock | 6,330 | $16.00 | $101K |
Holdings After Transaction:
Common Stock — 112,045 shares (Direct)
Footnotes (1)
- Represents an award of performance based restricted stock units originally granted on March 2, 2023, the payout of which was subject to the achievement of certain performance criteria based on adjusted EBITDA and return on gross invested capital during a three-year performance period. On March 2, 2026, the Compensation Committee of the Board of Directors certified the performance achievement over the measurement period and authorized the vesting of the award. The restricted stock units converted into shares of common stock on a one-for-one basis. Includes 268 shares of common stock transferred to the Reporting Person's direct ownership in a transaction exempt from reporting under Rule 16a-13. Represents shares withheld to satisfy tax withholding obligations arising out of the delivery of the Common Stock underlying the performance based restricted stock units described in footnote 1 above. Represents shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted stock units.
FAQ
What insider transactions did Hayward (HAYW) executive Susan M. Canning report?
Susan M. Canning reported equity compensation activity involving Hayward common stock. She received 3,109 shares from a vested performance-based restricted stock unit award and had 885 and 6,330 shares withheld the same day to satisfy tax obligations tied to these stock awards.
What performance conditions were tied to Susan M. Canning’s Hayward (HAYW) stock award?
The performance-based restricted stock units were linked to adjusted EBITDA and return on gross invested capital over a three-year period. On March 2, 2026, the Compensation Committee certified performance achievement and authorized vesting, converting the units into common shares on a one-for-one basis.
Were Susan M. Canning’s Hayward (HAYW) Form 4 transactions open-market trades?
The filing shows no open-market purchases or sales. The acquisition reflects vesting of a performance-based restricted stock unit award, while the dispositions are shares withheld by the company to satisfy tax withholding obligations related to those stock-based compensation events.