Form 4: Latham Group Vice President Suraj Kunchala Reports Stock Disposal
SEC Form 4 Filing
Suraj Kunchala, Vice President & Controller of Latham Group, Inc., reported the disposal of 2,035 shares of common stock at a price of $5.91 on March 1, 2025.
Summary
- On March 1, 2025, Suraj Kunchala, Vice President & Controller of Latham Group, Inc., disposed of 2,035 shares of common stock.
- The transaction was executed at a price of $5.91 per share.
- Following the transaction, Kunchala directly owns 36,713 shares of Latham Group, Inc.
- The transaction was reported on March 3, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to an insider stock transaction. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The disposal of shares by a company insider could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Disposal of 2,035 shares of common stock. |
| 03/03/2025 | Date of report filing. |
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