DELLAQUILA FRANK J 4

What Happened Frank J. Dellaquila, a director of Latham Group, Inc. (SWIM), received a grant of 17,677 restricted stock units (RSUs) on May 1, 2026. The Form 4 reports an acquisition code A at $0.00 per share (total reported value $0), reflecting an RSU award rather than an open‑market purchase.

Key Details

• Transaction date: May 1, 2026; Form filed May 4, 2026.
• Transaction type/code: Award/Grant (A) — 17,677 RSUs granted at $0.00.
• Vesting: These RSUs vest on the first anniversary of the grant (May 1, 2027). (Footnote: vests on first anniversary of May 1, 2026.)
• Shares owned after transaction: Not specified in the filing.
• No sale or cash purchase occurred; this is a compensation award to the director.

Context Restricted stock units are a form of compensation that convert into shares (or their cash equivalent) only when they vest. This grant is a routine equity award tied to service and does not represent an immediate buy or sell of stock. As with most grants, it should be viewed as part of director compensation rather than a direct signal of near‑term trading intent.