Hayward (NYSE: HAYW) SVP stock vests; shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hayward Holdings, Inc. senior vice president and chief commercial officer John Alec Collins reported equity award activity in common stock. On March 2, 2026, a performance-based restricted stock unit award originally granted on March 2, 2023 vested, delivering 2,591 shares of common stock on a one-for-one basis after the compensation committee certified achievement of adjusted EBITDA and return on gross invested capital goals over a three-year period. In connection with this delivery and other restricted stock unit vesting, 737 shares at $15.98 per share and 4,423 shares at $16.00 per share were disposed of to satisfy tax withholding obligations. Following these transactions, Collins directly owned 318,013 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Collins John Alec
Role
SVP Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,591 | $0.00 | -- |
| Tax Withholding | Common Stock | 737 | $15.98 | $12K |
| Tax Withholding | Common Stock | 4,423 | $16.00 | $71K |
Holdings After Transaction:
Common Stock — 323,173 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. 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 HAYW executive John Alec Collins report?
John Alec Collins reported vesting of performance-based restricted stock units delivering 2,591 Hayward Holdings shares. He also reported dispositions of 737 and 4,423 shares of common stock to satisfy tax withholding obligations related to these and other restricted stock unit vestings.
Were the HAYW Form 4 transactions open-market buys or sales?
The Form 4 shows no open-market buys or sales by the Hayward Holdings executive. Shares were acquired through vesting of performance-based restricted stock units and disposed of solely to cover tax withholding obligations tied to equity awards, not through discretionary market transactions.
What performance conditions triggered the HAYW executive’s stock unit vesting?
The vesting was tied to performance-based restricted stock units granted March 2, 2023. Payout depended on achieving specific adjusted EBITDA and return on gross invested capital targets over a three-year period, which the compensation committee certified as achieved on March 2, 2026.