Form 4: Latham Group CIO/CISO Discloses Routine Stock Transaction

Sentiment:

Insider Trading Report


Latham Group's Chief Information and Security Officer, Dhruv Kaushal Bhikhesh, reported a disposition of shares for tax purposes.

Summary

  • Dhruv Kaushal Bhikhesh, CIO & CISO of Latham Group, Inc. (SWIM), reported a transaction involving the company's common stock.
  • On March 15, 2026, 6,485 shares of common stock, par value $0.0001 per share, were disposed of.
  • The disposition was coded as 'F', indicating shares withheld for tax liability, at a price of $6.02 per share.
  • Following this transaction, Dhruv Kaushal Bhikhesh beneficially owns 396,511 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine disposition for tax purposes, which is a common occurrence for executives receiving equity compensation and does not inherently signal positive or negative sentiment about the company's future.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly dispositions for tax purposes (F-code transactions), are common and generally do not reflect a change in management's outlook on the company's prospects. These are often pre-scheduled events related to the vesting of equity awards.

Stakeholder Impact

  • Shareholders: The transaction is a routine insider filing and is unlikely to have a significant direct impact on shareholders. It provides transparency regarding executive stock ownership.

Key Dates

DateDescription
03/15/2026Date of transaction where 6,485 shares were disposed of for tax purposes.
03/16/2026Date the Statement of Changes in Beneficial Ownership (Form 4) was signed.

Keywords

Latham Group, SWIM, Form 4, Insider Transaction, Stock Disposition, CIO, CISO, Beneficial Ownership

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