Latham Group (SWIM) CIO reports 6,485-share tax withholding, holds 396,511

Rhea-AI Filing Summary

Latham Group, Inc. executive Dhruv Kaushal Bhikhesh, the company’s CIO & CISO, reported a routine tax-related share disposition. A total of 6,485 shares of common stock were withheld at a price of $6.02 per share to satisfy tax obligations, leaving him with 396,511 shares owned directly after the transaction.

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

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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^*

Dhruv Kaushal Bhikhesh

(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)
	CIO & CISO

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

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	03/15/2026		F		6,485	D	$6.02	396,511	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:

Remarks:

	/s/ Patrick M. Sheller, Attorney-in-Fact	03/16/2026
	** 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 transaction did Latham Group (SWIM) report for Dhruv Kaushal Bhikhesh?

Latham Group reported that CIO & CISO Dhruv Kaushal Bhikhesh had 6,485 shares withheld for taxes. The Form 4 shows this as a tax-withholding disposition, not an open-market sale, related to satisfying exercise price or tax liability obligations.

Was the Latham Group (SWIM) insider transaction an open-market sale?

No, the 6,485-share transaction was coded “F,” indicating shares were delivered to cover tax or exercise costs. This means the shares were not sold on the open market but used to satisfy tax or related obligations tied to equity compensation.

How many Latham Group (SWIM) shares does Dhruv Kaushal Bhikhesh hold after the transaction?

After the tax-withholding disposition of 6,485 shares, Dhruv Kaushal Bhikhesh directly holds 396,511 shares of Latham Group common stock. This remaining position provides context that the reported transaction represents a relatively small portion of his overall direct holdings.

What does transaction code “F” mean in the Latham Group (SWIM) Form 4?

Transaction code “F” on the Form 4 means shares were used to pay an exercise price or tax liability. For Latham Group, it shows 6,485 shares were withheld as a tax-withholding disposition, rather than being voluntarily bought or sold in the open market.

Does the Latham Group (SWIM) Form 4 show any insider share purchases or sales?

The Form 4 does not show any open-market purchases or sales. It only reports a single tax-withholding transaction of 6,485 shares, used to cover tax or exercise-related obligations, leaving the insider with 396,511 directly held shares afterward.