Laven Mark Phillip 4
Research Summary
AI-generated summary
Latham Group (SWIM) Director Mark Laven Receives 17,677‑Share Award
What Happened Mark Phillip Laven, a director of Latham Group, Inc. (ticker: SWIM), received an award of 17,677 restricted stock units (RSUs) on May 1, 2026. The reported acquisition price is $0.00 — this is a compensation grant, not an open‑market purchase. The RSUs vest on the first anniversary of the grant (May 1, 2027).
Key Details
- Transaction date: 2026-05-01; Filing date (Form 4): 2026-05-04.
- Transaction type/code: A — Award/Grant (restricted stock units).
- Shares granted: 17,677 RSUs; reported acquisition amount: $0.00.
- Vesting: These RSUs vest on the first anniversary of May 1, 2026 (i.e., May 1, 2027). (Footnote F1)
- Shares owned after transaction: Not specified in the information provided on this filing.
- Filing timeliness: Reported May 4 for a May 1 transaction (the filing date is shown on the Form 4).
Context RSUs are a form of equity compensation that convert into shares only after vesting; they are common for directors and employees and do not necessarily signal a buy or sell decision by the insider. Because this was a grant (not a purchase or sale), it reflects compensation rather than an investment action by the director.