Cline James E 4

What Happened
James E. Cline, a director of Latham Group, acquired 50,000 shares in an open-market purchase on May 19, 2026. The reported weighted-average price was $4.84 per share, for a total reported transaction value of $242,000. This was a purchase (insider buy), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-05-19 (reported on Form 4 filed 2026-05-20; filing appears timely).
• Transaction type/code: Open-market purchase (P).
• Shares purchased: 50,000 at a weighted-average price of $4.84; total value ≈ $242,000.
• Price range footnote: Shares were purchased in multiple trades at prices ranging from $4.805 to $4.84; the filer can provide per-trade breakdown on request (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation included in the provided details.

Context
This was a straightforward open-market buy by a company director. Purchases are factual signals of an insider adding to their stake; they do not by themselves explain motivation or predict stock movement. The weighted-average price and footnote indicate the 50,000 shares were acquired across multiple trades on the same date.