Hayward (HAYW) VP Kevin Gallagher Withholds 1,132 Shares for Taxes

What Happened

• Kevin Gallagher, Vice President and Chief Engineering Officer at Hayward Holdings, had 1,132 shares withheld to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs). The withholding was recorded at $15.13 per share, totaling $17,127, and the transaction was reported as a disposition (code F).

Key Details

• Transaction date: 2026-08-03; Filing date: 2026-08-04 (timely)
• Shares withheld/disposed: 1,132 shares at $15.13 each; total value $17,127
• Transaction code: F — shares withheld to satisfy tax withholding on RSU vesting (footnote F1)
• Shares owned after the transaction: Not specified in the provided filing details
• This was a tax-withholding event tied to RSU vesting, not an open-market sale or purchase

Context

• Tax-withholding dispositions (code F) are routine when RSUs vest and do not typically signal a change in insider conviction about the company; shares are retained by the issuer to cover taxes rather than being sold in the open market.
• No indication of a 10b5-1 plan, gift, or options exercise beyond the RSU vesting/tax withholding described.