Latham Group (SWIM) CIO logs tax-withholding share disposition

Rhea-AI Filing Summary

Latham Group, Inc. executive Dhruv Kaushal Bhikhesh, the company’s CIO & CISO, reported a tax-related share disposition. He surrendered 6,143 shares of common stock at $6.71 per share to cover tax withholding, a non-open-market transaction, and now directly holds 376,095 shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dhruv Kaushal Bhikhesh

(Last) (First) (Middle)

C/O LATHAM GROUP, INC.

787 WATERVLIET SHAKER ROAD

(Street)

LATHAM NY 12110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Latham Group, Inc. [ SWIM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CIO & CISO

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock, par value $0.0001 per share	03/01/2026		F		6,143	D	$6.71	376,095	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/ Patrick M. Sheller, Attorney-in-Fact	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did Latham Group (SWIM) executive Dhruv Kaushal Bhikhesh report on this Form 4?

He reported a tax-related share disposition involving company stock. Specifically, 6,143 shares of Latham Group common stock were surrendered to satisfy tax withholding obligations rather than sold in the open market, reflecting an administrative transaction tied to equity compensation.

How many Latham Group (SWIM) shares were disposed of for tax withholding?

A total of 6,143 common shares were disposed of for tax withholding. The transaction price was recorded at $6.71 per share, and it represents payment of tax liability by delivering shares, not a traditional open-market sale of stock by the executive.

What is Dhruv Kaushal Bhikhesh’s Latham Group (SWIM) share ownership after the transaction?

After the tax-withholding disposition, he directly holds 376,095 Latham Group common shares. This figure reflects his remaining direct ownership interest following the delivery of 6,143 shares to cover associated tax liabilities arising from his equity compensation.

Was the Latham Group (SWIM) Form 4 transaction an open-market sale of shares?

No, it was not an open-market sale. The Form 4 describes a tax-withholding disposition, where 6,143 shares were delivered at $6.71 each to satisfy tax obligations, using code F, instead of being sold to other investors on the open market.

What does transaction code F mean in the Latham Group (SWIM) Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability using shares. In this case, 6,143 common shares were delivered at $6.71 each to cover tax withholding, classifying the transaction as a tax-withholding disposition rather than a discretionary share sale.