Hayward Holdings (HAYW) awards 13,282 RSUs to engineering chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gallagher Kevin reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. reported that executive Kevin Gallagher, VP and Chief Engineering Officer, received a grant of 13,282 shares of common stock in the form of restricted stock units at a price of $0.00 per share. Following this equity award, his directly held common stock totaled 38,531 shares.
The restricted stock units were granted under the 2021 Equity Plan and each unit represents the right to receive one share of common stock. The award vests in three equal installments on February 28, 2027, February 28, 2028, and February 28, 2029, if he remains in continuous service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gallagher Kevin
Role
VP, Chief Engineering Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,282 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,531 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Hayward Holdings (HAYW) report for Kevin Gallagher?
Hayward Holdings reported that Kevin Gallagher received a grant of 13,282 restricted stock units. These units are tied to common stock and were awarded at $0.00 per share, reflecting an equity-based compensation grant rather than an open-market purchase or sale.
What are the vesting terms of Kevin Gallagher’s restricted stock units at Hayward Holdings (HAYW)?
The 13,282 restricted stock units vest in three equal installments on February 28, 2027, February 28, 2028, and February 28, 2029. Vesting is generally conditioned on Gallagher’s continued service with Hayward Holdings through each applicable vesting date.
Under which plan were Kevin Gallagher’s Hayward Holdings (HAYW) RSUs granted?
Kevin Gallagher’s 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 Holdings common stock with a par value of $0.001 per share when vesting occurs.
Does the Kevin Gallagher Form 4 for Hayward Holdings (HAYW) indicate a stock purchase or sale?
The Form 4 shows an acquisition via grant, not a market purchase or sale. The transaction code is “A,” meaning a grant or award, and the 13,282 restricted stock units were issued at $0.00 per share as part of his equity compensation.