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Latham Group (SWIM) CFO granted RSUs and PSUs, with shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  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.
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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*
Gloe Oliver C.

(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)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
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 03/05/2026 A 10,433(1) A $0 477,063 D
Common stock, par value $0.0001 per share 03/06/2026 A 54,167(2) A $0 531,230 D
Common stock, par value $0.0001 per share 03/07/2026 F 5,522 D $6.3 525,708 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:
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.
2. 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.
Remarks:
/s/ Patrick M. Sheller, Attorney-in-Fact 03/09/2026
** 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.

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.

Why were 5,522 Latham Group (SWIM) shares disposed of by the CFO?

On March 7, 2026, 5,522 shares of Latham Group common stock were disposed of at $6.30 per share to satisfy tax withholding obligations. This transaction was a tax-withholding disposition, not an open-market sale, tied directly to the CFO’s equity compensation events.

How many Latham Group (SWIM) shares does the CFO hold after these transactions?

Following the March 7, 2026 tax-withholding disposition, Oliver C. Gloe directly owned 525,708 shares of Latham Group common stock. This figure reflects his updated direct ownership position after accounting for the equity awards and the shares withheld to cover associated tax liabilities.