Dhruv Kaushal Bhikhesh 4

What Happened

• Dhruv Kaushal Bhikhesh, Chief Investment Officer & Chief Information Security Officer of Latham Group (SWIM), disposed of 6,143 shares on 2026-03-01 to satisfy a tax obligation. The shares were recorded at $6.71 each for a total value of about $41,220. This was a share-withholding to cover taxes (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-01
• Filing date: 2026-03-02
• Details: 6,143 shares withheld at $6.71 per share; total ≈ $41,220
• Transaction code: F — payment of exercise price or tax liability via share surrender
• Shares owned after transaction: not disclosed in the provided filing excerpt
• Filing timeliness: filed the next day (no late-filing flag shown)

Context

• Code F transactions typically reflect withholding of shares to cover taxes from an equity award or option exercise (a cashless/tax-withholding step), and are routine administrative transactions rather than open-market sales. Such disposals generally do not by themselves signal a change in the insider’s view of the company. Purchases and open-market sales are usually more informative about insider sentiment.