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Latham Group, Inc.·4

Mar 16, 2:23 PM ET

Sheller Patrick M 4

Research Summary

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Latham Group (SWIM) GC Patrick Sheller Withholds 9,943 Shares

What Happened
Patrick M. Sheller, General Counsel & Secretary of Latham Group (SWIM), had 9,943 shares disposed on March 15, 2026 to satisfy a tax or exercise obligation. The filing reports the shares were valued at $6.02 each, totaling $59,857. This was a share withholding to cover tax liability (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-03-15; Form filed: 2026-03-16 (timely filing).
  • Shares withheld/disposed: 9,943 at $6.02/share; total value reported: $59,857.
  • Transaction code: F — payment of exercise price or tax liability (share withholding for taxes).
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • No 10b5-1 plan or other special instructions were disclosed in the information provided.

Context
Code F typically indicates the company withheld shares from an equity award or option exercise to cover tax withholding obligations. This is a routine administrative disposition and is not the same as an open‑market sale that would signal an insider reducing exposure.