Latham Group (SWIM) Director Jackson DeLu Receives RSU Award

What Happened

• Jackson DeLu, a director of Latham Group, received an award of 17,677 restricted stock units (RSUs) on May 1, 2026. The reported acquisition shows 17,677 shares at $0.00 (total $0) under transaction code A (award/grant).

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (filed within the 2-business-day reporting window).
• Reported consideration: $0.00 per share — this is a compensation grant, not an open-market purchase.
• Vesting: The RSUs vest on the first anniversary of May 1, 2026 (i.e., May 1, 2027) per the filing footnote.
• Shares owned after the transaction: Not specified in the provided filing details.
• Transaction type: Award/Grant (code A) — not a sale or purchase of already-issued shares.

Context

• RSU grants are a form of equity compensation that vest over time and do not necessarily indicate near-term buying or selling intent. The award will convert to ordinary shares only if and when the RSUs vest and any applicable conditions (e.g., service or performance) are satisfied.