Latham VP has 2,162 SWIM shares withheld for tax
Latham Group, Inc. vice president and controller Suraj Kunchala reported a tax-related share disposition.
Rhea-AI Filing Summary
Latham Group, Inc. vice president and controller Suraj Kunchala reported a tax-related share disposition. On the reported date, 2,162 shares of common stock were withheld at $6.02 per share to cover tax obligations, a non-market transaction. After this withholding, Kunchala directly owns 68,953 shares.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding, not an open-market sale.
The Form 4 shows Suraj Kunchala, a vice president and controller at Latham Group, Inc., had 2,162 shares withheld at $6.02 per share in a code F transaction. Code F indicates shares delivered to pay taxes or exercise costs.
This type of tax-withholding disposition is mechanical and does not reflect a discretionary decision to sell shares in the market. Following the transaction, Kunchala holds 68,953 shares directly, suggesting the event is small relative to his total reported equity position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock, par value $0.0001 per share | 2,162 | $6.02 | $13K |
FAQ
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What insider transaction did Latham Group (SWIM) report for Suraj Kunchala?
What does transaction code F mean in the Latham Group (SWIM) Form 4?
What role does Suraj Kunchala hold at Latham Group (SWIM) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.