STOCK TITAN

Director Jackson DeLu (SWIM) receives 17,677 restricted stock units

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

Rhea-AI Filing Summary

Latham Group, Inc. director Jackson DeLu reported an equity compensation grant of common stock. He received 17,677 restricted stock units of Latham Group common stock at $0.0000 per share, characterized as a grant or award acquisition.

The restricted stock unit grant vests on the first anniversary of May 1, 2026, tying DeLu’s benefit to a future service period. After this award, he directly holds 102,409 shares of Latham Group common stock, as reported in the filing.

Positive

  • None.

Negative

  • None.
Insider Jackson DeLu
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 — 102,409 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock units granted 17,677 units Grant of common stock RSUs reported for May 1, 2026
Grant price per share $0.0000 per share Reported transaction price for the RSU grant
Shares held after transaction 102,409 shares Total direct holdings following the award
restricted stock unit financial
"Represents a restricted stock unit grant that vests on the first anniversary"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
par value financial
"Common stock, par value $0.0001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
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*
Jackson DeLu

(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$0102,409D
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 did Latham Group (SWIM) disclose in this Form 4 filing?

Latham Group disclosed that director Jackson DeLu received a grant of 17,677 restricted stock units of common stock as equity compensation. The award was reported as an acquisition with no cash price per share in this insider transaction filing.

How many Latham Group (SWIM) shares did Jackson DeLu receive?

Jackson DeLu received 17,677 restricted stock units of Latham Group common stock in this grant. These units represent potential future shares, subject to the vesting schedule described, rather than an immediate open-market purchase of outstanding shares.

What is the vesting schedule for Jackson DeLu’s SWIM restricted stock units?

The filing states that DeLu’s restricted stock unit grant vests on the first anniversary of May 1, 2026. This means the award becomes fully earned after that date, assuming vesting conditions are met, aligning director compensation with ongoing service to the company.

What is Jackson DeLu’s total Latham Group (SWIM) shareholding after this grant?

After this equity grant, Jackson DeLu is reported as directly holding 102,409 shares of Latham Group common stock. This figure includes the impact of the new restricted stock unit award as reflected in the post-transaction ownership line.

Was cash paid for the Latham Group (SWIM) shares granted to Jackson DeLu?

The reported grant price is $0.0000 per share, indicating the award was part of equity compensation rather than an open-market purchase. Such grants typically reflect compensation arrangements instead of cash investment by the director.

Is this Latham Group (SWIM) Form 4 transaction a buy or a grant?

The transaction is categorized as a grant, award, or other acquisition rather than an open-market buy. It reflects a compensation-related award of restricted stock units to director Jackson DeLu, not a discretionary share purchase on the stock market.