Latham Group counsel uses 9,943 shares for taxes

Latham Group, Inc. reported a Form 4 showing its General Counsel and Secretary, Patrick M. Sheller, had 9,943 shares of common stock withheld at $6.02 per share to cover tax obligations.

Rhea-AI Filing Summary

Latham Group, Inc. reported a Form 4 showing its General Counsel and Secretary, Patrick M. Sheller, had 9,943 shares of common stock withheld at $6.02 per share to cover tax obligations. After this tax-withholding disposition, he directly holds 434,238 common shares.

Insights

Insider transactions analyst

Routine tax withholding reduced Patrick Sheller’s position by a small amount.

Patrick M. Sheller, General Counsel and Secretary of Latham Group, Inc., had 9,943 shares of common stock withheld at $6.02 per share to satisfy tax liabilities. The Form 4 classifies this as a tax-withholding disposition using transaction code F.

Following the transaction, Sheller directly owns 434,238 shares of Latham Group common stock. Because this event reflects tax withholding instead of an open‑market trade, it is typically viewed as a routine administrative adjustment rather than a signal about his outlook on the company.

Insider Trade Summary

Exercise Price or Tax Liability: 9,943 shares

Exercise Price or Tax Liability 1 txn

Insider Sheller Patrick M

Role GENERAL COUNSEL & SECRETARY

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common stock, par value $0.0001 per share	9,943	$6.02	$60K

Holdings After Transaction: Common stock, par value $0.0001 per share — 434,238 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Latham Group (SWIM) report for Patrick M. Sheller?

Latham Group reported that General Counsel and Secretary Patrick M. Sheller had 9,943 common shares withheld at $6.02 each to cover tax liabilities. This Form 4 transaction used code F, indicating payment of tax obligations with company stock rather than an open‑market sale.

How many Latham Group (SWIM) shares were involved in Patrick Sheller’s Form 4 filing?

The filing shows 9,943 shares of Latham Group common stock were used to satisfy tax liabilities at $6.02 per share. These shares were delivered back as payment, rather than being bought or sold on the open market, under transaction code F on the Form 4.

What is Patrick Sheller’s Latham Group (SWIM) share ownership after the reported tax withholding?

After the tax-withholding disposition, Patrick M. Sheller directly owns 434,238 shares of Latham Group common stock. This post‑transaction balance reflects his remaining direct holdings following the delivery of 9,943 shares to cover taxes as reported on the Form 4 filing.

Does Patrick Sheller’s Latham Group (SWIM) Form 4 show an open-market sale or purchase?

The Form 4 does not show an open‑market sale or purchase. Instead, it records a tax-withholding disposition, where 9,943 shares were delivered at $6.02 each to pay tax obligations, classified under transaction code F rather than a typical buy or sell transaction.

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

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 9,943 Latham Group common shares were used at $6.02 per share, so the event represents taxes being settled with stock instead of a standard open‑market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/16/2026 - 02:23 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Sheller Patrick M

(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)
	GENERAL COUNSEL & SECRETARY

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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	03/15/2026		F		9,943	D	$6.02	434,238	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	03/16/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.