Form 4: Latham Group's General Counsel Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Patrick M. Sheller, General Counsel & Secretary of Latham Group, Inc., disposed of 9,943 shares of common stock on March 15, 2025, to cover tax obligations.
Summary
- On March 15, 2025, Patrick M. Sheller, the General Counsel & Secretary of Latham Group, Inc., disposed of 9,943 shares of common stock.
- The transaction was executed at a price of $7.29 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Sheller directly owns 404,602 shares of Latham Group, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock disposal transaction |
| 03/17/2025 | Date of signature on the Form 4 filing |
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