[Form 3] Latham Group, Inc. Initial Statement of Beneficial Ownership
Form 3 filed for Jeffrey T. Jackson, a director of Latham Group, Inc. (SWIM). The filing is an initial statement of beneficial ownership dated 08/05/2025 and states that the reporting person does not beneficially own any securities of the issuer. The filing was signed by an attorney-in-fact and references an attached Power of Attorney (Exhibit 24.1). The form indicates it was filed by one reporting person.
- None.
- None.
Insights
TL;DR: Routine initial disclosure showing a director currently holds no beneficial shares and uses a power of attorney for filing.
The Form 3 is a standard Section 16 initial filing that names Jeffrey T. Jackson as a director of Latham Group, Inc. and explicitly states no securities are beneficially owned. The inclusion of Exhibit 24.1 indicates a formal power of attorney arrangement for filing, which is common when a reporting person delegates signature authority. From a governance perspective, this filing provides transparency about insider ownership but does not indicate any alignment of equity incentives at this time.
TL;DR: Compliance disclosure appears complete and routine; no reported holdings limit insider reporting implications.
The document meets the basic disclosure elements: reporter identity, relationship to issuer (Director), date of event, single reporting person, and a signature via attorney-in-fact dated 08/08/2025. The clear statement that no securities are beneficially owned means there are no current Section 16 transactions to monitor for short-swing profit liability. The referenced power of attorney suggests filings may be made on the reporter's behalf going forward.