Ward Edward D 4

What Happened

• Ward Edward D, a director of Hayward Holdings, was granted 10,608 restricted stock units (RSUs) on May 21, 2026. The RSUs have an acquisition price of $0 (award/grant), meaning no cash was paid by the insider.
• Each RSU represents the contingent right to receive one share of Hayward common stock upon vesting. No immediate cash value is realized until shares are delivered; the grant itself is a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-05-21; reported on Form 4 filed May 26, 2026.
• Transaction type/code: Award/Grant (A); shares involved: 10,608 RSUs; reported acquisition price: $0.00.
• Vesting: RSUs vest on the earlier of (i) May 21, 2027 or (ii) the date of the 2027 annual meeting, contingent on continuous service on the board (per footnote).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form 4 was filed five days after the grant (May 26 for a May 21 grant). Form 4s are typically due within two business days of the transaction, so this filing occurred later than the usual two-business-day window.

Context

• RSUs are deferred compensation: they convert to actual shares only if and when they vest (and any company-delivery conditions are met). Grants to directors are common as part of compensation and do not by themselves indicate a buy or sell sentiment.
• Because this was an award (not a purchase or sale), it does not represent an immediate cash outlay or market transaction by the insider.