STOCK TITAN

Director at Latham Group (SWIM) receives 17,677 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Morno-Wade Suzan reported acquisition or exercise transactions in this Form 4 filing.

Latham Group, Inc. director Suzan Morno-Wade received a grant of 17,677 shares of common stock in the form of restricted stock units on May 1, 2026. These units vest on the first anniversary of May 1, 2026, and her direct holdings after the grant total 130,748 shares.

Positive

  • None.

Negative

  • None.
Insider Morno-Wade Suzan
Role null
Type Security Shares Price Value
Grant/Award Common stock, par value $0.0001 per share 17,677 $0.00 --
Holdings After Transaction: Common stock, par value $0.0001 per share — 130,748 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 17,677 shares Restricted stock unit award on May 1, 2026
Grant price $0.00 per share Reported transaction price for the RSU grant
Post-grant holdings 130,748 shares Total common shares directly owned after transaction
restricted stock unit grant financial
"Represents a restricted stock unit grant that vests on the first anniversary of May 1, 2026."
Common stock, par value $0.0001 per share financial
"Common stock, par value $0.0001 per share"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
Morno-Wade Suzan

(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)
05/01/2026
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 share05/01/2026A17,677(1)A$0130,748D
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. Represents a restricted stock unit grant that vests on the first anniversary of May 1, 2026.
Remarks:
/s/ Patrick M. Sheller, Attorney-in-Fact05/04/2026
** 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 Suzan Morno-Wade?

Latham Group reported that director Suzan Morno-Wade received a grant of 17,677 restricted stock units of common stock on May 1, 2026. This is a stock-based compensation award, not an open-market purchase or sale of existing shares.

How many Latham Group (SWIM) shares were granted to the director?

The director received 17,677 shares of Latham Group common stock through a restricted stock unit grant. This award increases her direct equity exposure to the company and forms part of her overall compensation, aligning her interests with long-term shareholder value creation.

When do Suzan Morno-Wade’s restricted stock units in Latham Group (SWIM) vest?

The restricted stock unit grant to Suzan Morno-Wade vests on the first anniversary of May 1, 2026. Vesting means the units convert into unrestricted shares at that time, assuming any applicable service or other vesting conditions are satisfied as described in the award terms.

How many Latham Group (SWIM) shares does the director hold after this grant?

Following the grant, Suzan Morno-Wade directly holds 130,748 shares of Latham Group common stock. This total includes the newly awarded restricted stock units and reflects her updated direct ownership position as reported in the Form 4 insider filing.

Was the Latham Group (SWIM) grant to Suzan Morno-Wade an open-market stock purchase?

No. The 17,677 shares were received as a restricted stock unit grant with a reported price of $0.00 per share. This indicates a compensation-related equity award rather than an open-market transaction where the director bought shares on the stock market.