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 9,970 shares of common stock on March 15, 2025, to satisfy tax withholding obligations.
Summary
- On March 15, 2025, Sanjeev Bahl, the Chief Operating Officer of Latham Group, Inc. (SWIM), disposed of 9,970 shares of common stock.
- The transaction was executed at a price of $7.29 per share.
- This disposal was related to the satisfaction of tax withholding obligations.
- Following the transaction, Bahl directly owns 394,171 shares of Latham Group, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction for tax purposes.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of the transaction where Sanjeev Bahl disposed of shares. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
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