Latham Group (NYSE: SWIM) CHRO logs equity grants and tax-share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Latham Group, Inc. Chief Human Resources Officer Nikki Vaughan Maczko reported several equity award transactions in company common stock. On March 5 and March 6, she acquired 5,436 and 28,175 shares through stock awards at no cash cost, increasing her direct holdings. On March 7, 2,877 shares were disposed at $6.30 per share to satisfy tax withholding obligations, a non‑open‑market transaction. After these moves, she directly owned 121,524 common shares. Footnotes note that part of the awards are performance stock units vesting on March 7, 2028, and restricted stock units vesting annually from March 6, 2027 through March 6, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Maczko Nikki Vaughan
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.0001 per share | 2,877 | $6.30 | $18K |
| Grant/Award | Common stock, par value $0.0001 per share | 28,175 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.0001 per share | 5,436 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.0001 per share — 121,524 shares (Direct)
Footnotes (1)
- Indicates performance stock units ("PSUs") earned over a one year performance period as granted on March 7, 2025 under the Issuer's 2021 Omnibus Equity Incentive Plan. The PSUs will vest on March 7, 2028. Represents restricted stock units granted on March 6, 2026. 9,391 shares will vest on each of March 6, 2027 and 2028. 9,393 shares will vest on March 6, 2029.
FAQ
What did Latham Group (SWIM) executive Nikki Maczko report in this Form 4?
Nikki Vaughan Maczko reported equity award activity in Latham Group common stock, including stock grants and a tax-withholding share disposition. These transactions adjusted her direct ownership position but were tied to compensation and tax obligations rather than open-market buying or selling.
How do the Latham Group (SWIM) PSUs reported in the footnotes vest?
The performance stock units referenced in the footnotes were earned over a one‑year performance period from a March 7, 2025 grant. These PSUs are scheduled to vest in full on March 7, 2028, subject to the terms of the 2021 Omnibus Equity Incentive Plan.
What is the vesting schedule for the Latham Group (SWIM) RSUs granted on March 6, 2026?
Restricted stock units granted March 6, 2026 vest in three installments: 9,391 shares on March 6, 2027, another 9,391 shares on March 6, 2028, and 9,393 shares on March 6, 2029, creating a multi-year vesting timeline for the award.