Latham Group (SWIM) COO receives stock awards, withholds shares for tax

Rhea-AI Filing Summary

Latham Group, Inc. chief operating officer Sanjeev Bahl reported multiple equity transactions in company common stock. On March 5, 2026, he acquired 9,234 shares as performance stock units earned from an award granted on March 7, 2025, which will vest on March 7, 2028.

On March 6, 2026, he received a grant of 47,620 restricted stock units, scheduled to vest in three annual installments from March 6, 2027 through March 6, 2029. On March 7, 2026, 3,463 shares were disposed of at $6.30 per share to cover taxes, leaving him with 438,309 directly held shares.

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
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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^*

Bahl Sanjeev

(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 OPERATING 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		9,234(1)	A	$0	394,152	D
Common stock, par value $0.0001 per share	03/06/2026		A		47,620(2)	A	$0	441,772	D
Common stock, par value $0.0001 per share	03/07/2026		F		3,463	D	$6.3	438,309	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. 15,873 shares will vest on each of March 6, 2027 and 2028. 15,874 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) COO Sanjeev Bahl report?

Sanjeev Bahl reported earning 9,234 performance stock units, receiving 47,620 restricted stock units, and a 3,463-share tax-withholding disposition in Latham Group common stock. These transactions reflect equity compensation awards and related tax settlement, rather than open-market buying or selling activity.

How many Latham Group (SWIM) shares does the COO hold after these Form 4 transactions?

After the reported transactions, Sanjeev Bahl directly holds 438,309 shares of Latham Group common stock. This balance reflects equity awards earned and granted in early March 2026, net of 3,463 shares disposed of to satisfy associated tax withholding obligations.

What are the vesting terms of the 47,620 restricted stock units reported by Latham Group (SWIM) COO?

The 47,620 restricted stock units granted on March 6, 2026 vest in three tranches: 15,873 shares on March 6, 2027, 15,873 shares on March 6, 2028, and 15,874 shares on March 6, 2029, subject to the award’s standard vesting conditions.

What is the nature of the 9,234 Latham Group (SWIM) performance stock units reported?

The 9,234 shares represent performance stock units earned over a one-year performance period from an award granted on March 7, 2025. These PSUs will vest on March 7, 2028, under Latham Group’s 2021 Omnibus Equity Incentive Plan, assuming the vesting conditions are satisfied.

Was the 3,463-share Latham Group (SWIM) disposition an open-market sale?

The 3,463-share disposition on March 7, 2026 was coded “F,” indicating shares were withheld at $6.30 per share to pay tax liabilities. This represents a tax-withholding disposition, not a discretionary open-market sale by the Latham Group chief operating officer.