Form 4: Latham Group VP & Controller Suraj Kunchala Reports Stock Disposal
SEC Form 4 Filing
Suraj Kunchala, Vice President & Controller of Latham Group, Inc., reported the disposal of 2,162 shares of common stock to cover tax obligations.
Summary
- On March 15, 2025, Suraj Kunchala, Vice President & Controller of Latham Group, Inc. disposed of 2,162 shares of common stock.
- The transaction was executed at a price of $7.29 per share.
- Following the transaction, Kunchala directly owns 62,755 shares of Latham Group, Inc.
- The transaction was reported on March 17, 2025.
Sentiment
Score: 5
Explanation: This is a routine transaction report (Form 4) related to stock disposal for tax purposes, which is neutral in sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction and doesn't necessarily reflect a change in the company's outlook.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of transaction: Disposal of common stock. |
| 03/17/2025 | Date of report filing. |
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