Kunchala Suraj 4

What Happened
Kunchala Suraj, Vice President & Controller of Latham Group (ticker: SWIM), disposed of 2,035 shares on 2026-03-01 at $6.71 per share, totaling $13,655. The transaction is reported as code F — a payment of exercise price or tax liability — which means shares were surrendered to cover taxes rather than sold on the open market.

Key Details

• Transaction date: 2026-03-01; filing date: 2026-03-02 (no indication of a late filing).
• Price: $6.71 per share; Shares involved: 2,035; Gross value: $13,655.
• 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.
• Notable: This is a tax-withholding disposition (routine administrative action), not an open-market sale.

Context
When insiders surrender shares to cover tax withholding after an option exercise or RSU vesting, it's typically a mechanical step to satisfy tax obligations and doesn’t necessarily signal confidence or concern about the company’s outlook. Retail investors should treat this as routine insider paperwork rather than directional insider buying or selling.