Cline James E 4

What Happened

• James E. Cline, a director of Latham Group, Inc. (SWIM), received a grant of 22,727 restricted stock units (RSUs) on May 1, 2026. The Form 4 reports an acquisition at $0.00 (award/grant), meaning this was an equity award rather than a market purchase. The RSUs vest on the first anniversary of the grant (May 1, 2027) per the filing footnote.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (timely file within the two business-day rule).
• Transaction type/code: Award/Grant (A); price reported: $0.00.
• Shares granted: 22,727 RSUs; vesting: first anniversary of May 1, 2026 (i.e., May 1, 2027) — see footnote F1.
• Shares owned after transaction: not specified in the provided report.
• Filing timeliness: Filed May 4, 2026 — within the required two business days after the May 1 grant.

Context

• RSUs are a form of compensation that convert into actual shares upon vesting and typically have transfer and sale restrictions until then. This award does not represent an open-market purchase or sale and should be viewed as a compensation grant rather than an immediate bullish or bearish trade signal.