Form 4: Latham Group Director Morno-Wade Suzan Reports Acquisition of Restricted Stock Units

Director Morno-Wade Suzan reports acquisition of 16,814 restricted stock units in Latham Group, Inc.

Summary

• On May 1, 2025, Suzan Morno-Wade, a director of Latham Group, Inc. (SWIM), acquired 16,814 shares of common stock through a restricted stock unit grant.
• The restricted stock units vest on the first anniversary of the grant date.
• Following the transaction, Morno-Wade directly owns 113,071 shares of Latham Group, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of stock units by a director can be seen as a slightly positive sign, indicating confidence in the company.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates

Keywords

Form 4, Latham Group, SWIM, Director, Stock Units, Restricted Stock, Beneficial Ownership, Morno-Wade Suzan