Canning Susan M. 4
Research Summary
AI-generated summary
Hayward (HAYW) SVP Susan Canning Receives 71,074 RSU Award
What Happened
- Susan M. Canning, Senior Vice President, Chief Legal Officer and Corporate Secretary of Hayward Holdings (HAYW), received a grant of 71,074 restricted stock units (RSUs) on June 6, 2026. The grant was recorded at $0.00 per unit (a standard grant/award, not a purchase), so the reported acquisition value at grant is $0.
Key Details
- Transaction date: June 6, 2026; Form 4 filed June 8, 2026 (appears timely).
- Grant: 71,074 RSUs @ $0.00; aggregate reported value at grant $0.
- Plan: Granted under Hayward Holdings, Inc. 2021 Equity Plan.
- Vesting: RSUs vest in two equal installments on June 6, 2029 and June 6, 2031, subject to continuous service through each vesting date.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: The award is described as an ad hoc retention award; each RSU represents the contingent right to receive one share of common stock upon vesting.
Context
- This was a grant/award (code A), not a market purchase or sale. RSU grants are compensation/retention tools and vest over time, so they do not represent an immediate purchase or sale of shares. They become economically meaningful only if and when they vest (and any taxes/withholding are settled).