Form 4: Latham Group CIO & CISO Dhruv Kaushal Bhikhesh Reports Stock Disposal

Dhruv Kaushal Bhikhesh, CIO & CISO of Latham Group, Inc., reported the disposal of 6,142 shares of common stock to cover tax obligations.

Summary

• On March 1, 2025, Dhruv Kaushal Bhikhesh, the CIO & CISO of Latham Group, Inc., disposed of 6,142 shares of common stock.
• The transaction was executed at a price of $5.91 per share.
• Following the transaction, Bhikhesh directly owns 307,951 shares of Latham Group, Inc.
• The transaction was related to covering tax obligations associated with equity awards.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a standard Form 4 filing reporting a stock disposal for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of insider transactions. This filing indicates that a company insider has transacted in the company's stock.

Stakeholder Impact

• The disposal of shares by an insider could have a minor impact on shareholder sentiment, but is unlikely to be significant given the context of tax obligations.

Key Dates