Tax withholding share disposition by Latham Group (SWIM) COO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Latham Group, Inc. chief operating officer Sanjeev Bahl reported a disposition of 9,970 shares of common stock valued at $6.02 per share to cover tax obligations. This was a tax-withholding transaction, not an open-market trade. Following the disposition, he holds 428,339 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bahl Sanjeev
Role
CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.0001 per share | 9,970 | $6.02 | $60K |
Holdings After Transaction:
Common stock, par value $0.0001 per share — 428,339 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Latham Group (SWIM) report for Sanjeev Bahl?
Latham Group’s chief operating officer, Sanjeev Bahl, reported a tax-related share disposition of 9,970 common shares. The shares were used to satisfy tax liabilities rather than sold in the open market, reflecting a routine administrative transaction tied to equity compensation.
Was the Latham Group (SWIM) COO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 9,970 shares were delivered at $6.02 per share to cover tax obligations, a common mechanism when equity awards vest or are exercised, without a discretionary market trade.
What does transaction code F mean in the Latham Group (SWIM) Form 4?
Transaction code F indicates payment of an exercise price or tax liability using shares. In this case, 9,970 Latham Group shares were disposed of to cover tax obligations associated with equity compensation, rather than being voluntarily bought or sold on the open market.
Does the Latham Group (SWIM) COO Form 4 indicate any option exercises?
The summarized data show one non-derivative transaction coded F for tax withholding and no derivative exercises recorded. The derivative position summary is empty, suggesting the filing only reports the tax-related share disposition, with no concurrent option or warrant exercises disclosed.