Insider Purchase: SWIM Director Adds 5,000 Shares at $8.24

Rhea-AI Filing Summary

Frank J. Dellaquila, a director of Latham Group, Inc. (ticker SWIM), reported a purchase of 5,000 shares of the company's common stock on 08/22/2025 at a price of $8.24 per share. After the transaction he beneficially owned 21,814 shares. The Form 4 was filed and signed by an attorney-in-fact on 08/25/2025. The filing discloses a single non-derivative acquisition and does not report any derivative transactions.

Positive

• Director purchase disclosed: Reporting person acquired 5,000 common shares at $8.24, increasing beneficial ownership to 21,814 shares
• Timely Form 4 filing: Transaction reported with a signed Form 4 (attorney-in-fact signature) indicating compliance with Section 16 reporting rules

Negative

• None.

Insights

Financial Analyst

TL;DR: Director bought 5,000 shares at $8.24, modest ownership increase with limited immediate market impact.

The reported purchase is straightforward: a director-level insider acquired 5,000 common shares, raising beneficial ownership to 21,814 shares. The size and scale of the transaction appear modest relative to typical market-moving insider activity, and no derivative positions were disclosed. This is a routine Section 16 disclosure that confirms an open-market or private acquisition by an insider but provides limited new information about company fundamentals.

Corporate Governance Expert

TL;DR: Form 4 is a routine compliance filing documenting an insider purchase; no governance red flags shown.

The filing identifies the reporting person as a director and indicates the transaction was reported timely with an attorney-in-fact signature. There are no amendments, no 10% ownership, and no derivative transactions disclosed. From a governance perspective, the document meets disclosure requirements and shows an insider acquisition without additional governance concerns revealed in this filing.

Insider Trade Summary

Net Buyer: 5,000 shares ($41,200)

Net Buy 1 txn

Insider DELLAQUILA FRANK J

Role Director

Bought 5,000 shs ($41K)

Type	Security	Shares	Price	Value
Purchase	Common Stock, par value $0.0001 per share	5,000	$8.24	$41K

Holdings After Transaction: Common Stock, par value $0.0001 per share — 21,814 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

DELLAQUILA FRANK J

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

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	08/22/2025		P		5,000	A	$8.24	21,814	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:

	/s/ Patrick M. Sheller, Attorney-in-Fact	08/25/2025
	** 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 transaction did the Latham Group (SWIM) insider report on Form 4?

The report shows a director, Frank J. Dellaquila, purchased 5,000 shares of common stock on 08/22/2025 at $8.24 per share.

How many shares does the insider own after the reported SWIM transaction?

Following the reported acquisition, the insider beneficially owned 21,814 shares of Latham Group common stock.

Were any derivative securities (options, warrants, etc.) reported in the SWIM Form 4?

No. Table II for derivative securities shows no transactions or holdings; only a non-derivative purchase was reported.

When was the SWIM Form 4 filed and who signed it?

The Form 4 was signed by an attorney-in-fact, Patrick M. Sheller, on 08/25/2025 and reports the transaction dated 08/22/2025.

Does the Form 4 indicate the reporting person is an officer or a 10% owner of SWIM?

The filing marks the reporting person as a Director; it does not indicate officer status or 10% ownership.