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AI brief of an SEC Form 8-K · Hayward Holdings (HAYW)

Hayward enters up to $125 million receivables sale agreement with Wells Fargo

Neutral Impact 3 of 5 financing Written later

Hayward Industries, a subsidiary of Hayward Holdings, signed a Receivables Purchase Agreement with Wells Fargo Bank that lets it sell up to $125 million of eligible customer receivables on an uncommitted, revolving basis. The company also said Billy Emory moved from principal accounting officer to a new customer experience role, with CFO Eifion Jones resuming the principal accounting officer duties.

Key points

  • Agreement dated July 3, 2024 allows sales of up to $125 million in receivables from specified customers.
  • Wells Fargo is not committed to buy any receivables, and the company is not required to offer any.
  • Either party may terminate on 30 days' written notice; Wells Fargo may terminate immediately on certain specified events.
  • Billy Emory was named Vice President, Customer Experience, effective July 3, 2024; Eifion Jones resumed the principal accounting officer role.

The filing

CompanyHayward Holdings (HAYW)
Form8-K, current report
Filed with the SECJul 9, 2024, 4:33 PM ET
Accession number0001834622-24-000086

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 09, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.