Sejourne Eric 4
Research Summary
AI-generated summary
Hayward (HAYW) SVP Eric Sejourne Receives 18,750 RSU Award
What Happened
- Eric Sejourne, SVP & Chief Global Operations of Hayward Holdings (HAYW), was granted 18,750 restricted stock units (RSUs) on 2026-02-27. The grant price is $0 (an equity award), so there was no cash purchase. The RSUs represent the contingent right to receive one share of common stock per RSU when they vest.
Key Details
- Transaction date: 2026-02-27 (Filed on 2026-03-03; filing appears timely)
- Transaction type: Award/Grant (Form 4 code A)
- Shares/units granted: 18,750 RSUs at $0.00 per unit (no immediate cash value recorded on the Form 4)
- Vesting: Three equal installments vesting on Feb 28, 2027; Feb 28, 2028; and Feb 28, 2029, contingent on continuous service (per the 2021 Equity Plan)
- Shares owned after transaction: Not specified in the provided excerpt (see full SEC filing for total beneficial ownership)
- Notable: Grant made under Hayward Holdings, Inc. 2021 Equity Plan; no 10b5-1 plan, tax-withholding, or cashless-sell notation in the provided data
Context
- RSUs are time-based compensation and do not convert into actual shares until they vest; they are common for retaining executives. Such grants reflect compensation/retention practices rather than an immediate market purchase or sale. Taxes and any withholding will typically be handled at vesting, which may affect eventual share delivery.