STOCK TITAN

Director James E. Cline (SWIM) linked trust adds 50,000 Latham Group shares

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
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 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)
  1. [object Object]
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
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""
SEC Form 4
FORM 4UNITED 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*
Cline James E

(Last)(First)(Middle)
C/O LATHAM GROUP, INC.
787 WATERVLIET SHAKER ROAD

(Street)
LATHAM NEW YORK 12110

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Latham Group, Inc. [ SWIM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock, par value $0.0001 per share05/19/2026P50,000A$4.84(1)100,000IHeld by Cynthia L. Cline Revocable Trust
Common stock, par value $0.0001 per share455,883IHeld by James E. Cline Revocable Trust
Common stock, par value $0.0001 per share211,978D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.805 to $4.84 inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
Remarks:
/s/ Patrick M. Sheller, Attorney-in-Fact05/20/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

At what price were the 50,000 Latham Group (SWIM) shares bought?

The 50,000 Latham Group shares were purchased at a weighted average price of approximately $4.84 per share, across multiple trades executed within a price range from $4.805 to $4.84 inclusive, as disclosed in the Form 4 footnote.

How many Latham Group (SWIM) shares does the Cynthia L. Cline Revocable Trust hold after the transaction?

Following the reported purchase, the Cynthia L. Cline Revocable Trust holds 100,000 shares of Latham Group common stock. This reflects an increase of 50,000 shares from the open-market purchase reported in the Form 4 insider filing for James E. Cline.

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.