Form 4: Latham Group Director Acquires Shares Through Restricted Stock Unit Grant
SEC Form 4 Filing
Frank J. Dellaquila, a director of Latham Group, Inc., acquired 16,814 shares of common stock through a restricted stock unit grant on May 1, 2025.
Summary
- On May 1, 2025, Frank J. Dellaquila, a director of Latham Group, Inc., acquired 16,814 shares of common stock.
- The acquisition was a result of a restricted stock unit (RSU) grant.
- The RSUs vest on the first anniversary of the grant date, May 1, 2025.
- The shares were acquired at a price of $0.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it simply reports a transaction. The director's acquisition could be seen as a positive signal, but it's a routine filing.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Frank J. Dellaquila acquired 16,814 shares of common stock through a restricted stock unit grant. |
| 05/01/2025 | Vesting date of the restricted stock units. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Latham Group, Director, Frank J. Dellaquila, Share Acquisition, Restricted Stock Unit, SWIM, Form 4
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