Hayward (HAYW) CEO sells shares, RSUs vest under 10b5-1 plan
Rhea-AI Filing Summary
Hayward Holdings President and CEO Kevin Holleran reported several share transactions on March 2, 2026. He exercised options to acquire 52,389 shares of common stock at $1.40 per share and then sold 52,389 shares in open-market trades at a weighted average price of $15.7289 under a pre-arranged Rule 10b5-1 trading plan. A performance-based restricted stock unit award originally granted on March 2, 2023 vested after the compensation committee certified achievement of its EBITDA and return on gross invested capital goals, delivering 17,232 shares. The filing also shows 7,486 and 38,133 shares of common stock withheld to cover tax obligations from these equity awards, leaving Holleran with 720,153 directly owned common shares and an additional 700 shares held indirectly through a child.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 52,389 | $0.00 | -- |
| Exercise | Common Stock | 52,389 | $1.40 | $73K |
| Sale | Common Stock | 52,389 | $15.7289 | $824K |
| Grant/Award | Common Stock | 17,232 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,486 | $15.98 | $120K |
| Tax Withholding | Common Stock | 38,133 | $16.00 | $610K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The transactions reported on this Form 4 were effected pursuant to the Rule 10b5-1 trading plan adopted by the Reporting Person on August 18, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $15.4750 to $15.8800, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. 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 3 above. Represents shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted stock units.
