Latham Group (NASDAQ: SWIM) CHRO holds 118,168 shares post-tax move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Latham Group, Inc. Chief Human Resources Officer Nikki Vaughan Maczko reported a routine tax-withholding transaction in company stock. On this Form 4, 3,356 shares of common stock were disposed of at $4.89 per share to cover tax obligations, rather than through an open-market sale. After this transaction, she directly holds 118,168 shares of Latham Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maczko Nikki Vaughan
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.0001 per share | 3,356 | $4.89 | $16K |
Holdings After Transaction:
Common stock, par value $0.0001 per share — 118,168 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 3,356 shares
Price per share: $4.89 per share
Post-transaction holdings: 118,168 shares
+2 more
5 metrics
Tax-withholding shares
3,356 shares
F-code tax-withholding disposition on common stock
Price per share
$4.89 per share
Value assigned to shares used for tax obligations
Post-transaction holdings
118,168 shares
Direct ownership after tax-withholding transaction
Transaction code
F
Payment of tax liability by delivering securities
Transaction direction
dispose
Classified as a tax-withholding disposition, not an open-market sale
Key Terms
tax-withholding disposition, Form 4, transaction code F, common stock, par value $0.0001 per share, +1 more
5 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code F regulatory
"transaction_code: "F""
direct ownership financial
"ownership_type: "direct""
FAQ
What insider transaction did Latham Group (SWIM) report in this Form 4?
Latham Group reported a Form 4 for Chief Human Resources Officer Nikki Vaughan Maczko. It shows 3,356 common shares were used to satisfy tax obligations, not sold on the open market, as part of a routine tax-withholding disposition.
Was the Latham Group (SWIM) Form 4 transaction an open-market sale?
No, the Form 4 codes the event as an F transaction, a tax-withholding disposition. This means 3,356 shares were delivered to cover tax obligations, rather than being sold on the open market at the insider’s discretion.
Who is the insider named in the Latham Group (SWIM) Form 4 filing?
The reporting person is Nikki Vaughan Maczko, Chief Human Resources Officer of Latham Group, Inc. The Form 4 reflects her direct ownership and a tax-withholding share disposition related to company equity, not a traditional buy or sell trade.