HOLLERAN KEVIN 4
Research Summary
AI-generated summary
Hayward (HAYW) CEO Kevin Holleran Withholds 18,919 Shares for Taxes
What Happened
- Kevin Holleran, President & CEO and a director of Hayward Holdings, had 18,919 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withholding was recorded at $15.58 per share, totaling approximately $294,758. This was a tax-withholding/net settlement of RSUs (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-04; filing date (Form 4): 2026-03-06 (timely).
- Shares withheld: 18,919 at $15.58 per share; total value ≈ $294,758.
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote: F1 — represents shares withheld to satisfy tax withholding obligations arising out of the vesting of restricted stock units.
- Filing timeliness: filed within the required Form 4 window (not indicated as late).
Context
- This is a routine net-settlement for RSU tax withholding (company retains shares to cover payroll/tax obligations). Such withholdings are common and do not necessarily indicate the insider is selling shares on the open market or signaling a change in sentiment.