Sheller Patrick M 4

What Happened
Patrick M. Sheller, General Counsel & Secretary of Latham Group, surrendered 9,250 shares on March 1, 2026 to satisfy a tax liability (reported as transaction code F). The shares were disposed at $6.71 each, for a total value of $62,068. This was a tax-withholding/net-share settlement—not an open-market sale for investment or cash-raising purposes.

Key Details

• Transaction date: 2026-03-01; Report filed: 2026-03-02 (next-day filing).
• Price: $6.71 per share; Shares surrendered: 9,250; Total value: $62,068.
• Transaction code F = payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the provided filing details.
• No indication this was part of a 10b5-1 plan or an open-market sale in the filing information provided.

Context
Code F disposals are routine tax-related transactions that typically follow option exercises or restricted share vesting and represent shares withheld to cover withholding tax — they do not necessarily reflect the insider’s view of the company’s stock. The filing appears timely (filed the next day).