[Form 4] Latham Group, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Patrick M. Sheller, General Counsel & Secretary of Latham Group, Inc. (SWIM), reported a transaction involving 3,921 shares of common stock at a reported price of $7.38 per share. After the reported transaction the filing shows direct beneficial ownership of 400,681 shares. The Form 4 lists the transaction code as "F" and discloses the position as held directly, providing a routine insider ownership update.

Positive

• Direct beneficial ownership disclosed: Reporting person holds 400,681 shares following the reported transaction.
• Clear transaction details provided: The Form 4 lists the specific share amount (3,921) and reported price ($7.38), supporting transparency.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider reported a modest 3,921-share transaction; direct ownership remains 400,681 shares — routine disclosure with limited immediate market impact.

The Form 4 documents a single-class common stock entry showing a 3,921-share transaction at $7.38 and a post-transaction direct beneficial stake of 400,681 shares. There is no derivative activity disclosed and no other material terms or explanations provided, so this appears to be a standard reporting of insider activity rather than a corporate action or governance change.

Corporate Governance Expert

TL;DR: Corporate officer disclosed direct holdings and a share-level transaction; disclosure satisfies Section 16 reporting without signaling governance shifts.

The reporting person is identified as an officer (General Counsel & Secretary) and the filing shows the position held directly. The record includes the transaction code shown as "F" but offers no further explanatory text. From a governance perspective, this filing documents compliance with insider reporting requirements but does not indicate any change in board composition, executive responsibilities, or control.

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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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^*

Sheller Patrick M

(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)
	GENERAL COUNSEL & SECRETARY

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

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	08/08/2025		F		3,921	D	$7.38	400,681	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	08/08/2025
	** 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

Who filed the Form 4 for Latham Group (SWIM)?

Patrick M. Sheller, identified as General Counsel & Secretary, is the reporting person on the Form 4.

What transaction is reported on the Form 4 for SWIM?

The filing reports a transaction involving 3,921 shares of common stock with a reported price of $7.38 per share.

How many SWIM shares does the reporting person beneficially own after the transaction?

The Form 4 shows direct beneficial ownership of 400,681 shares following the reported transaction.

What ownership form is disclosed for the shares on the Form 4?

The filing indicates the shares are held directly (listed as 'D' for direct ownership).

Does the Form 4 show any derivative securities or other types of transactions?

No derivative securities or convertible instruments are disclosed in the provided Table II content; only a common stock entry is shown in Table I.