Director James E. Cline (SWIM) linked trust adds 50,000 Latham Group shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Latham Group, Inc. director James E. Cline reported an indirect open-market purchase of common stock through a related trust. The Cynthia L. Cline Revocable Trust bought 50,000 shares of common stock at a weighted average price of about $4.84 per share, in multiple trades between $4.805 and $4.84.
After this purchase, that trust held 100,000 shares of Latham Group common stock. The filing also shows Cline with 211,978 shares held directly and 455,883 shares held indirectly through the James E. Cline Revocable Trust. The transaction reflects additional indirect ownership rather than any sale or option exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares ($242,000)
Net Buy
3 txns
Insider
Cline James E
Role
null
Bought
50,000 shs ($242K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock, par value $0.0001 per share | 50,000 | $4.84 | $242K |
| holding | Common stock, par value $0.0001 per share | -- | -- | -- |
| holding | Common stock, par value $0.0001 per share | -- | -- | -- |
Holdings After Transaction:
Common stock, par value $0.0001 per share — 100,000 shares (Indirect, Held by Cynthia L. Cline Revocable Trust);
Common stock, par value $0.0001 per share — 211,978 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 50,000 shares
Purchase price: $4.84 per share
Trust holdings after purchase: 100,000 shares
+3 more
6 metrics
Shares purchased
50,000 shares
Open-market purchase by Cynthia L. Cline Revocable Trust on May 19, 2026
Purchase price
$4.84 per share
Weighted average price for 50,000-share purchase; trades ranged $4.805–$4.84
Trust holdings after purchase
100,000 shares
Common stock held by Cynthia L. Cline Revocable Trust following transaction
Direct holdings
211,978 shares
Common stock held directly by James E. Cline after reported transactions
Indirect holdings (James E. Cline Revocable Trust)
455,883 shares
Common stock held indirectly through James E. Cline Revocable Trust
Net insider share change
50,000 shares
Net buy direction across reported transactions in this Form 4
Key Terms
open-market purchase, revocable trust, weighted average price, indirect ownership
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
revocable trust financial
"nature_of_ownership": "Held by Cynthia L. Cline Revocable Trust""
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
weighted average price financial
"Weighted average price. These shares were purchased in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
""ownership_type": "indirect""
FAQ
What insider transaction did Latham Group (SWIM) report for James E. Cline?
Latham Group director James E. Cline reported an indirect open-market purchase of 50,000 common shares through the Cynthia L. Cline Revocable Trust, increasing that trust’s holdings to 100,000 shares while his direct and other indirect positions remained in place.
What are James E. Cline’s direct Latham Group (SWIM) holdings after this Form 4?
After the reported transaction, James E. Cline holds 211,978 Latham Group common shares directly. This direct position is separate from his indirect holdings through the James E. Cline Revocable Trust and the Cynthia L. Cline Revocable Trust reported in the same filing.
What indirect Latham Group (SWIM) holdings are reported for James E. Cline besides Cynthia’s trust?
Beyond the Cynthia L. Cline Revocable Trust’s 100,000 shares, the Form 4 shows 455,883 Latham Group shares held indirectly through the James E. Cline Revocable Trust, reflecting a significant portion of his overall beneficial ownership in the company’s common stock.