Hayward Holdings (NYSE: HAYW) SVP awarded 18,750 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sejourne Eric reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. senior vice president and Chief Global Operations officer Eric Sejourne received a grant of 18,750 restricted stock units of common stock at no cost. These units vest in three equal installments on February 28 of 2027, 2028, and 2029, contingent on continued service. Following this award, his directly held common stock position is 67,528 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sejourne Eric
Role
SVP, Chief Global Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,750 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 67,528 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Hayward Holdings (HAYW) report for Eric Sejourne?
Hayward Holdings reported that SVP and Chief Global Operations officer Eric Sejourne received a grant of 18,750 restricted stock units. The award was made at no cost under the company’s 2021 Equity Plan, representing contingent rights to common shares.
What are the vesting terms of Eric Sejourne’s new Hayward (HAYW) restricted stock units?
The 18,750 restricted stock units vest in three equal installments on February 28, 2027, February 28, 2028, and February 28, 2029. Vesting requires that Eric Sejourne generally remain in continuous service with Hayward through each vesting date.
Under which plan were Eric Sejourne’s Hayward (HAYW) restricted stock units granted?
The restricted stock units were granted under the Hayward Holdings, Inc. 2021 Equity Plan. Each unit represents the contingent right to receive one share of Hayward’s common stock, par value $0.001 per share, subject to the vesting conditions.
Did Eric Sejourne pay anything for the Hayward (HAYW) restricted stock units reported?
No, the Form 4 shows the 18,750 restricted stock units were granted at a price of $0.0000 per unit. This reflects a typical equity compensation award structure where no cash payment is required from the executive at grant.
What type of insider transaction code appears on this Hayward (HAYW) Form 4?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition. This code confirms the transaction is an equity award to Eric Sejourne rather than an open-market purchase or sale of Hayward common stock.