Form 4: Latham Group Director James E. Cline Sells Shares in Multiple Transactions

Director James E. Cline reports selling shares of Latham Group, Inc. in multiple transactions on May 9 and May 12, 2025.

Summary

• James E. Cline, a director of Latham Group, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 9, 2025, Cline sold 45,583 shares of common stock at a weighted average price of $5.95.
• These shares were sold in multiple transactions with prices ranging from $5.89 to $6.03.
• On May 12, 2025, Cline sold 4,417 shares of common stock at a weighted average price of $6.45.
• These shares were sold in multiple transactions with prices ranging from $6.39 to $6.52.
• Following these transactions, Cline directly owns 189,251 shares.
• Cline also indirectly owns 455,883 shares through the James E. Cline Revocable Trust and 50,000 shares through the Cynthia L. Cline Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock sales by a director. It doesn't inherently convey positive or negative sentiment, but insider sales can sometimes be interpreted negatively by the market.

Industry Context

This filing is a routine disclosure of stock sales by a company insider, which is common in the market. Investors often monitor these filings to understand management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may react to the stock sales, potentially influencing the stock price.

Key Dates

Keywords

Form 4, Beneficial Ownership, Latham Group, SWIM, James E. Cline, Stock Sale, Director