Latham Group (SWIM) COO Sanjeev Bahl Sells 9,970 Shares (Tax Withholding)

What Happened Sanjeev Bahl, Chief Operating Officer of Latham Group, disposed of 9,970 shares on March 15, 2026 at $6.02 per share, for a total value of approximately $60,019. The Form 4 reports the disposition under transaction code F (payment of exercise price or tax liability), indicating the shares were surrendered to satisfy tax obligations tied to an equity award or option exercise rather than a discretionary open‑market sale.

Key Details

• Transaction date: 2026-03-15; filing date: 2026-03-16 (appears timely).
• Shares disposed: 9,970 at $6.02 each; total ≈ $60,019.
• Transaction code: F — payment of exercise price or tax liability (share withholding to cover taxes).
• Shares owned after the transaction: not reported in the provided filing details.
• No indication in this filing of a 10b5-1 plan or a market sale; this looks like routine tax withholding.

Context Dispositions labeled F are commonly used to satisfy tax withholding from option exercises or stock awards and generally do not reflect a deliberate decision to reduce exposure to the company. For retail investors, purchases are typically more informative about insider confidence; this filing signals routine tax-related share withholding rather than a directional trading bet.