Hayward Holdings (NYSE: HAYW) VP reports 598-share tax withholding
Rhea-AI Filing Summary
Hayward Holdings, Inc. executive Dario Vicario Ramirez, VP & GM, Europe & Rest of World, reported a tax-related share withholding. On 598 shares of Common Stock valued at $15.13 per share were withheld to satisfy tax obligations from vesting restricted stock units, leaving him with 11,570 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 598 shares
Net Sell
1 txn
Insider
Ramirez Dario Vicario
Role
VP&GM, Europe & Rest of World
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 598 | $15.13 | $9K |
Holdings After Transaction:
Common Stock — 11,570 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 598 shares
Withholding reference price: $15.13 per share
Shares owned after transaction: 11,570 shares
3 metrics
Shares withheld for taxes
598 shares
Common Stock withheld to satisfy tax obligations from RSU vesting
Withholding reference price
$15.13 per share
Value used for the 598-share tax-withholding disposition
Shares owned after transaction
11,570 shares
Directly held Hayward Holdings Common Stock following the withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4
3 terms
restricted stock units financial
"arising out of the vesting of restricted stock units"
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.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations arising"
Form 4 regulatory
"the reported post-transaction ownership figure in the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Hayward Holdings (HAYW) report for Dario Vicario Ramirez?
Hayward Holdings reported that Dario Vicario Ramirez had 598 shares of common stock withheld to cover tax obligations from vesting restricted stock units, rather than an open-market sale, leaving him with 11,570 directly held shares.
What is Dario Vicario Ramirez’s remaining Hayward Holdings (HAYW) stake after this transaction?
After the tax withholding of 598 shares, Dario Vicario Ramirez directly holds 11,570 shares of Hayward Holdings common stock, according to the reported post-transaction ownership figure in the Form 4 insider report.
Was the Hayward Holdings (HAYW) insider transaction an open-market sale?
No. The Form 4 indicates the 598 shares were withheld for tax obligations arising from vesting restricted stock units, classified as a tax-withholding disposition (code F), not a voluntary open-market purchase or sale of shares.
What role does the reporting person hold at Hayward Holdings (HAYW)?
The reporting person, Dario Vicario Ramirez, serves as VP & GM, Europe & Rest of World at Hayward Holdings, and the reported Form 4 transaction reflects equity compensation-related tax withholding in that executive capacity.