Hayward Holdings (HAYW) director gets 10,608 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brown Kevin D. reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. director Kevin D. Brown received an equity award of 10,608 restricted stock units on May 21, 2026. Each unit represents the right to receive one share of common stock at no purchase price, vesting in 2027 if he remains on the board. Following this grant, he holds 3,221,432 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brown Kevin D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,608 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,221,432 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 10,608 units
Grant price: $0.00 per unit
Post-transaction holdings: 3,221,432 shares
+1 more
4 metrics
RSU grant size
10,608 units
Restricted stock units granted on May 21, 2026
Grant price
$0.00 per unit
Equity award to director Kevin D. Brown
Post-transaction holdings
3,221,432 shares
Total common stock held directly after grant
Vesting date
May 21, 2027
Latest possible vesting date for RSUs, subject to earlier 2027 meeting
Key Terms
restricted stock units, contingent right, vesting date, continuous service
4 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"
vesting date financial
"The restricted stock units vest on the earlier of (i) May 21, 2027"
continuous service financial
"provided that the Reporting Person remains in continuous service with the Issuer's board"
FAQ
What insider transaction did Hayward Holdings (HAYW) report for Kevin D. Brown?
Hayward Holdings reported that director Kevin D. Brown received 10,608 restricted stock units as an equity award. Each unit can convert into one share of common stock, contingent on meeting the stated vesting conditions tied to his continued board service.
What are the vesting terms of Kevin D. Brown’s RSU grant at Hayward Holdings (HAYW)?
The 10,608 restricted stock units vest on the earlier of May 21, 2027, or the date of Hayward Holdings’ 2027 annual stockholders meeting. Vesting requires that Brown remain in continuous service on the company’s board through the applicable vesting date.
Does Kevin D. Brown pay for the restricted stock units granted by Hayward Holdings (HAYW)?
No, the restricted stock units were granted at a price of $0.00 per unit. Each unit represents a contingent right to receive one share of Hayward Holdings common stock if the vesting conditions related to future board service are satisfied.
What does each restricted stock unit represent in the Hayward Holdings (HAYW) Form 4?
Each restricted stock unit granted to Kevin D. Brown represents a contingent right to receive one share of Hayward Holdings common stock. Settlement occurs upon vesting, provided he continues serving on the company’s board through the specified 2027 vesting date.