Form 4: Latham Group Director Acquires Shares Through Restricted Stock Unit Grant

Sentiment:

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

DateDescription
05/01/2025Date of transaction: Frank J. Dellaquila acquired 16,814 shares of common stock through a restricted stock unit grant.
05/01/2025Vesting date of the restricted stock units.
05/02/2025Date 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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