Maczko Nikki Vaughan 4

What Happened

• Nikki Vaughan Maczko, Chief Human Resources Officer of Latham Group, was awarded a total of 33,611 equity units (5,436 and 28,175 shares) in early March 2026 (awarded at $0.00). On March 7, 2026, 2,877 shares were disposed at $6.30 each to satisfy tax withholding obligations, generating proceeds of $18,125. Net increase in her holdings from these transactions is 30,734 shares (33,611 awarded minus 2,877 withheld).
• These were grants/awards (not open-market purchases or company stock sales); awards are routine compensation rather than a direct market sentiment signal.

Key Details

• Transactions reported:
  • 2026-03-05: Award (A) — 5,436 shares @ $0.00 (PSUs)
  • 2026-03-06: Award (A) — 28,175 shares @ $0.00 (RSUs)
  • 2026-03-07: Tax withholding/payment (F) — 2,877 shares disposed @ $6.30 = $18,125
• Shares owned after transaction: not disclosed in the filing.
• Footnotes:
  • F1: The 5,436 are performance stock units (PSUs) granted March 7, 2025, earned over a one-year performance period; these PSUs vest on March 7, 2028.
  • F2: The 28,175 are restricted stock units (RSUs) granted March 6, 2026; vesting schedule: 9,391 shares vest on each of March 6, 2027 and 2028, and 9,393 on March 6, 2029.
• Filing: Form 4 filed March 9, 2026 — appears timely relative to the reported transaction dates.
• Transaction codes: A = Award/Grant, F = Tax withholding/payment of exercise price or tax liability (i.e., shares surrendered or sold to cover taxes).

Context

• PSUs and RSUs are equity compensation that vest in the future if conditions/timelines are met; the awards here do not involve cash outlay by the insider.
• The March 7 disposal was a routine tax-withholding action tied to the awards (not an open-market sale for investment/exit purposes).
• Awards increase an insider’s future potential ownership as they vest; investors often view purchases as stronger bullish signals than compensation grants, though grants do align executives with shareholder interests over time.