[144] Latham Group, Inc. SEC Filing

Rhea-AI Filing Summary

Latham Group, Inc. (symbol SWIM) filed a Form 144 reporting a proposed sale of 39,934 shares of common stock to be executed on NASDAQ, with an aggregate market value of $284,509.78. The filing lists 116,542,059 shares outstanding, so the shares offered represent approximately 0.034% of the company.

The sale is to be handled through Morgan Stanley Smith Barney LLC on 08/11/2025. The securities are shown as acquired on 08/11/2025 via Stock Appreciation Rights from the issuer, with payment noted as cash. The filer reported nothing to report for securities sold in the past three months.

Insights

Financial Analyst

TL;DR: Routine insider sale of roughly 0.034% of outstanding shares; unlikely to move the market absent other developments.

The Form 144 documents an intended sale of 39,934 common shares through a broker on NASDAQ with an aggregate market value of $284,509.78. The shares are reported as acquired via Stock Appreciation Rights and paid in cash. Given the small size relative to 116,542,059 shares outstanding and the absence of prior sales in the last three months, this appears to be a routine liquidity event rather than a signal of material company change. Execution through a major broker is consistent with standard process.

Corporate Governance Expert

TL;DR: Disclosure aligns with Form 144 requirements; transaction originates from SARs and includes the required representation about material adverse information.

The filing identifies the securities as deriving from Stock Appreciation Rights granted by the issuer and notes the filer’s representation that they are not aware of undisclosed material adverse information. The form lists no sales in the prior three months and names the executing broker. From a governance and compliance perspective the submission contains the core elements expected for insider sale notification under Rule 144.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	39934	284509.78	116542059	08/11/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/11/2025	Stock Appreciation Rights	Issuer			39934	08/11/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)