Form 4: Latham Group CEO Scott Rajeski Sells 33,000 Shares

Latham Group's CEO, Scott Michael Rajeski, sold 33,000 shares of common stock at an average price of $6.09 on August 16, 2024.

Summary

• On August 16, 2024, Scott Michael Rajeski, the CEO of Latham Group, Inc., sold 33,000 shares of the company's common stock.
• The shares were sold at a weighted average price of $6.09 per share, with individual transaction prices ranging from $6.01 to $6.15.
• Following the transaction, Rajeski directly owns 516,680 shares of Latham Group, Inc.
• Rajeski also indirectly owns 4,077,901 shares through Scott Rajeski Family, LLC.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC).
• A power of attorney was executed on August 16, 2024, granting Patrick M. Sheller, Lauren Legner, and Stephanie Swan the authority to act on Rajeski's behalf for SEC filings.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This transaction is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by the CEO could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although this is a relatively small transaction.

Key Dates