Form 4: Latham Group COO Sanjeev Bahl Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Sanjeev Bahl, COO of Latham Group, Inc., disposed of 8,715 shares of common stock on March 1, 2025, to satisfy tax withholding obligations.
Summary
- On March 1, 2025, Sanjeev Bahl, the Chief Operating Officer of Latham Group, Inc. (SWIM), disposed of 8,715 shares of common stock.
- The transaction was executed at a price of $5.91 per share.
- This disposition was related to the satisfaction of tax withholding obligations.
- Following the transaction, Bahl directly owns 250,537 shares of Latham Group, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders and officers to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider trading activity, which is a normal part of executive compensation and financial planning.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of the stock disposal transaction. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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