Director at Hayward (NYSE: HAYW) receives 10,608 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Soucy Arthur L reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. director Arthur L. Soucy received a grant of 10,608 restricted stock units as equity compensation. No cash was paid for these units, and each unit represents the right to receive one share of common stock.
The restricted stock units vest on the earlier of May 21, 2027 or the company’s 2027 annual stockholders’ meeting, as long as he continues serving on the board through that date. Following this grant, Soucy holds 60,075 shares and units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Soucy Arthur L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,608 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 60,075 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 10,608 units
Post-grant holdings: 60,075 shares/units
Vesting date: May 21, 2027
+1 more
4 metrics
RSU grant size
10,608 units
Restricted stock units granted to Arthur L. Soucy
Post-grant holdings
60,075 shares/units
Total direct holdings after the grant
Vesting date
May 21, 2027
Latest vesting date for the restricted stock units
Par value per share
$0.001/share
Par value of Hayward common stock underlying the RSUs
Key Terms
restricted stock units, contingent right, vesting date
3 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 and (ii) the date of the 2027 annual meeting"
FAQ
What did Arthur L. Soucy receive in this Hayward (HAYW) Form 4 filing?
Arthur L. Soucy received 10,608 restricted stock units as equity compensation. Each unit is a contingent right to one share of Hayward common stock, subject to future vesting conditions tied to continued board service.
Is the Hayward (HAYW) Form 4 transaction an open-market stock purchase?
No, the transaction is a grant of restricted stock units at no cash cost. It reflects board compensation rather than an open-market buy, and is categorized as a grant, award, or other acquisition in the Form 4 data.
When do Arthur L. Soucy’s Hayward (HAYW) restricted stock units vest?
The restricted stock units vest on the earlier of May 21, 2027 or the 2027 annual stockholders’ meeting. Vesting requires that Soucy remain in continuous service on Hayward’s board of directors through the applicable vesting date.
What does each Hayward (HAYW) restricted stock unit represent for Arthur L. Soucy?
Each restricted stock unit represents a contingent right to receive one share of Hayward common stock. The units carry no purchase price and will settle into common shares only upon vesting, subject to Soucy’s continued board service.