Latham Group officer exercises rights, disposes shares
Latham Group, Inc. vice president and controller Suraj Kunchala reported a series of equity transactions on August 7, 2026.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Latham Group, Inc. vice president and controller Suraj Kunchala reported a series of equity transactions on August 7, 2026. A stock appreciation right for 13,483 shares was exercised at $3.24 per share into common stock, reducing the derivative position to 4,495 rights. On the same date, 8,693 common shares were disposed of to the issuer at $7.29 per share, with the filing not stating the remaining common share balance.
Insider Trade Summary
13,483 shares exercised/converted
Exercise
3 txns
Insider
Kunchala Suraj
Role
VICE PRESIDENT & CONTROLLER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Right | 13,483 | $3.24 | $44K |
| Exercise | Common stock, par value $0.0001 per share | 13,483 | $3.24 | $44K |
| Disposition | Common stock, par value $0.0001 per share | 8,693 | $7.29 | $63K |
Holdings After Transaction:
Stock Appreciation Right — 4,495 contracts (Direct);
Common stock, par value $0.0001 per share — 73,743 shares (Direct)
Key Figures
SAR shares exercised: 13,483 shares
SAR exercise price: $3.24 per share
SAR remaining after exercise: 4,495 rights
+4 more
7 metrics
SAR shares exercised
13,483 shares
Stock appreciation right exercised into common stock on August 7, 2026 at $3.24 per share
SAR exercise price
$3.24 per share
Conversion or exercise price for 13,483 stock appreciation right shares
SAR remaining after exercise
4,495 rights
Total stock appreciation rights following the derivative transaction
Shares disposed to issuer
8,693 shares
Common stock disposition to issuer on August 7, 2026
Disposition price
$7.29 per share
Per-share price for 8,693 common shares disposed of to the issuer
SAR expiration date
March 1, 2033
Expiration date of the stock appreciation right that was partially exercised
Exercise date of SAR
March 1, 2024
Exercise date stated for the stock appreciation right underlying the 13,483 shares
Key Terms
Stock Appreciation Right, derivative security, Disposition to issuer
3 terms
Stock Appreciation Right financial
"security_title is listed as "Stock Appreciation Right" for the derivative entry"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
derivative security financial
"transaction_code_description states "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Disposition to issuer financial
"transaction_code_description describes the event as "Disposition to issuer""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Latham Group (SWIM) report for Suraj Kunchala?
Suraj Kunchala reported exercising a stock appreciation right for 13,483 shares at $3.24 per share and a same-day disposition of 8,693 common shares to the issuer at $7.29 per share, all held directly.
How many stock appreciation rights does Suraj Kunchala hold after the SWIM Form 4 transactions?
After the reported exercise, Suraj Kunchala holds 4,495 stock appreciation rights. These rights were originally exercisable into common stock at $3.24 per share and have an expiration date of March 1, 2033, as disclosed.
What prices were involved in the August 7, 2026 SWIM insider transactions?
The stock appreciation right was exercised at $3.24 per share, creating 13,483 common shares. Separately, 8,693 common shares were disposed of to the issuer at $7.29 per share, according to the Form 4 transaction table.
Was the Latham Group (SWIM) Form 4 filed under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan (it is shown as false). The transactions are therefore reported without an accompanying statement that they were executed under a pre-arranged trading plan.
What role does Suraj Kunchala hold at Latham Group (SWIM) in this Form 4?
Suraj Kunchala is identified as an officer of Latham Group, serving as Vice President & Controller. The reported equity transactions therefore reflect activity by a senior finance executive of the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
