Bahl Sanjeev 4
4 · Latham Group, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Latham Group COO Sanjeev Bahl Receives Equity Awards
What Happened Sanjeev Bahl, Chief Operating Officer of Latham Group, received awards totaling 56,854 stock units in early March 2026: 9,234 performance stock units (PSUs) and 47,620 restricted stock units (RSUs). To cover tax withholding, 3,463 shares were surrendered/disposed on March 7, 2026 at $6.30 per share, yielding $21,817. The awards were recorded with $0.00 purchase price (they are grants, not open-market purchases).
Key Details
- Transactions:
- 2026-03-05: Award (A) of 9,234 shares @ $0.00 (PSUs)
- 2026-03-06: Award (A) of 47,620 shares @ $0.00 (RSUs)
- 2026-03-07: Tax withholding/payment (F) of 3,463 shares disposed @ $6.30 = $21,817
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: The 9,234 PSUs were earned over a one-year performance period (granted Mar 7, 2025) and will vest on Mar 7, 2028.
- F2: The 47,620 RSUs (granted Mar 6, 2026) vest in three installments: 15,873 shares on Mar 6, 2027; 15,873 on Mar 6, 2028; and 15,874 on Mar 6, 2029.
- Filing: Form 4 filed Mar 9, 2026; filing date appears timely relative to the reported transactions.
Context These transactions are equity awards (non-cash grants) and a routine tax-withholding disposition — not an open-market sale for personal liquidity. PSUs/RSUs vest over future dates, so the awards do not represent immediately tradable shares until vesting conditions are met.
Insider Transaction Report
- Award
Common stock, par value $0.0001 per share
[F1]2026-03-05+9,234→ 394,152 total - Award
Common stock, par value $0.0001 per share
[F2]2026-03-06+47,620→ 441,772 total - Tax Payment
Common stock, par value $0.0001 per share
2026-03-07$6.30/sh−3,463$21,817→ 438,309 total
Footnotes (2)
- [F1]Indicates performance stock units ("PSUs") earned over a one year performance period as granted on March 7, 2025 under the Issuer's 2021 Omnibus Equity Incentive Plan. The PSUs will vest on March 7, 2028.
- [F2]Represents restricted stock units granted on March 6, 2026. 15,873 shares will vest on each of March 6, 2027 and 2028. 15,874 shares will vest on March 6, 2029.