Kunchala Suraj 4

What Happened

• Kunchala Suraj, Vice President & Controller of Latham Group, had 2,162 shares disposed on 2026-03-15 to satisfy an exercise price or tax liability (transaction code F). The shares were valued at $6.02 each, for a total of approximately $13,015.
• This is a non-market disposition used to cover taxes or option-exercise costs (common when awards vest or options are exercised) rather than an open-market sale, and is typically considered routine.

Key Details

• Transaction date: 2026-03-15; Filing date: 2026-03-16 (appears timely).
• Shares disposed: 2,162 at $6.02 per share; total value ≈ $13,015.
• Transaction code: F — payment of exercise price or tax liability via withholding/shares surrendered.
• Shares owned after the transaction: not specified in the provided excerpt of the filing; see the full Form 4 for "Amount of Securities Owned Following Reported Transaction."
• No indication in this filing of a 10b5-1 plan, gift, or open-market sale.

Context

• Code F transactions are typically administrative: the company withholds or the insider surrenders shares to cover taxes or option-exercise costs. They do not necessarily signal a voluntary sale or change in confidence.
• For full ownership context or additional insider trades, review the complete Form 4 (Accession 0001851763-26-000007) on the SEC EDGAR site.