Hayward Holdings (HAYW) awards 10,608 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hayward Holdings director Diane Dayhoff received an equity grant of 10,608 restricted stock units of common stock. The grant carries no cash exercise price and is treated as an acquisition of common stock for reporting purposes, bringing her directly held position to 57,407 shares.
Each restricted stock unit represents the contingent right to receive one share of Hayward Holdings common stock with a par value of $0.001. The units vest on the earlier of May 21, 2027 or the date of the company’s 2027 annual meeting of stockholders, as long as she continues serving on the board through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dayhoff Diane
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,608 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 57,407 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 10,608 units
Shares held after transaction: 57,407 shares
Grant price per share: $0.0000 per share
+3 more
6 metrics
Restricted stock units granted
10,608 units
Equity award to director on May 21, 2026
Shares held after transaction
57,407 shares
Total direct holdings following the grant
Grant price per share
$0.0000 per share
Reported transaction price for awarded units
Par value of common stock
$0.001 per share
Par value of Hayward Holdings common stock
Vesting date trigger
May 21, 2027
Earliest vesting date for restricted stock units
Alternative vesting trigger
2027 annual meeting
Units vest at earlier of date or meeting
Key Terms
restricted stock units, contingent right, par value, continuous service, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units granted to the Reporting Person."
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.
contingent right financial
"Each restricted stock unit represents the contingent right to receive one share"
par value financial
"one share of the Issuer's common stock, par value $0.001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
continuous service financial
"provided that the Reporting Person remains in continuous service with the Issuer's board"
annual meeting of stockholders financial
"the date of the 2027 annual meeting of stockholders of the Issuer"
FAQ
What insider transaction did Hayward Holdings (HAYW) report for Diane Dayhoff?
Hayward Holdings reported that director Diane Dayhoff received 10,608 restricted stock units as an equity grant. These units represent a contingent right to receive common shares and increased her directly reported holdings to 57,407 shares following the grant.
What are the terms of the 10,608 restricted stock units granted by Hayward Holdings?
The 10,608 restricted stock units each provide a contingent right to one Hayward Holdings common share with $0.001 par value. The units vest on the earlier of May 21, 2027 or the 2027 annual stockholders’ meeting, assuming continuous board service through the vesting date.
When will Diane Dayhoff’s Hayward Holdings restricted stock units vest?
The restricted stock units vest on the earlier of May 21, 2027 or the date of Hayward Holdings’ 2027 annual meeting of stockholders. Vesting is conditioned on Diane Dayhoff remaining in continuous service on the company’s board of directors until that time.
Does Diane Dayhoff pay a purchase price for the Hayward Holdings restricted stock units?
The Form 4 lists a transaction price of $0.0000 per share for the 10,608 restricted stock units. This indicates the grant is compensation-based rather than an open-market purchase, with no cash price paid per share for the awarded units.
What does each Hayward Holdings restricted stock unit granted to Diane Dayhoff represent?
Each restricted stock unit represents a contingent right to receive one share of Hayward Holdings common stock. The right becomes an actual share only when the vesting conditions are satisfied, including the time-based schedule and continued service on the board.