Hayward Holdings (NYSE: HAYW) director receives 10,608 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silber Lawrence Harris reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. director Lawrence Harris Silber received an equity award in the form of restricted stock units. He was granted 10,608 restricted stock units, each representing one future share of common stock.
The units vest on the earlier of May 21, 2027 or the date of the company’s 2027 annual stockholders’ meeting, as long as he continues serving on the board through that date. Following this grant, he is reported as holding 67,407 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Silber Lawrence Harris
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,608 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 67,407 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 10,608 units
Holdings after grant: 67,407 shares
Vesting date: May 21, 2027
+1 more
4 metrics
RSUs granted
10,608 units
Restricted stock units granted to director on May 21, 2026
Holdings after grant
67,407 shares
Total common stock directly owned following the reported transaction
Vesting date
May 21, 2027
Units vest on this date or the 2027 annual meeting, whichever is earlier
Price per unit
$0.00 per unit
Equity compensation grant, not an open-market purchase
Key Terms
restricted stock units, contingent right, vest, annual meeting of stockholders
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"
vest financial
"The restricted stock units vest on the earlier of (i) May 21, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"the date of the 2027 annual meeting of stockholders of the Issuer"
FAQ
What did Hayward Holdings (HAYW) director Lawrence Harris Silber report in this Form 4?
Lawrence Harris Silber reported receiving 10,608 restricted stock units of Hayward Holdings common stock as an equity award. These units are a form of compensation, not an open-market purchase, and increase his direct reported holdings to 67,407 shares after the grant.
When do Lawrence Harris Silber’s Hayward Holdings (HAYW) 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 requires that Silber remain in continuous service on the company’s board through that vesting date.
Is the Hayward Holdings (HAYW) Form 4 transaction a stock purchase or a grant?
The transaction is a grant of restricted stock units, not an open-market stock purchase. The Form 4 describes it as a grant, award, or other acquisition, with a price per unit of $0.00, reflecting equity compensation rather than cash investment.
What does each restricted stock unit in Hayward Holdings (HAYW) represent?
Each restricted stock unit represents a contingent right to receive one share of Hayward Holdings common stock. The rights convert into actual shares only upon vesting, which depends on continued board service through the specified vesting date.