Latham Group (SWIM) CFO granted RSUs and PSUs, with shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Latham Group CFO Oliver C. Gloe reported multiple equity transactions. On March 6, 2026, he received 54,167 restricted stock units, which vest in three installments: 18,055 shares on March 6, 2027 and 2028, and 18,057 shares on March 6, 2029.
On March 5, 2026, he was credited with 10,433 performance stock units earned over a one-year performance period from a March 7, 2025 grant; these units vest on March 7, 2028. On March 7, 2026, 5,522 shares were withheld at $6.30 per share to satisfy tax obligations, leaving him with 525,708 common shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gloe Oliver C.
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.0001 per share | 5,522 | $6.30 | $35K |
| Grant/Award | Common stock, par value $0.0001 per share | 54,167 | $0.00 | -- |
| Grant/Award | Common stock, par value $0.0001 per share | 10,433 | $0.00 | -- |
Holdings After Transaction:
Common stock, par value $0.0001 per share — 525,708 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. 18,055 shares will vest on each of March 6, 2027 and 2028. 18,057 shares will vest on March 6, 2029.
FAQ
What insider transactions did Latham Group (SWIM) CFO Oliver Gloe report?
Latham Group CFO Oliver C. Gloe reported equity awards and tax withholding. He received 54,167 restricted stock units and 10,433 performance stock units, while 5,522 shares were withheld at $6.30 per share to cover tax obligations related to his stock compensation.
How many restricted stock units did the Latham (SWIM) CFO receive and when do they vest?
Oliver C. Gloe received 54,167 restricted stock units on March 6, 2026. These units vest in three tranches: 18,055 shares on March 6, 2027, another 18,055 shares on March 6, 2028, and 18,057 shares on March 6, 2029, subject to continued service conditions.
What are the terms of the performance stock units granted to the Latham (SWIM) CFO?
The CFO was credited with 10,433 performance stock units earned over a one-year performance period from a March 7, 2025 grant. According to the plan, these PSUs will vest on March 7, 2028, reflecting performance achieved during the specified measurement period.