Suraj Kunchala, Vice President and Controller of Latham Group, Inc. (NASDAQ:SWIM), filed a Form 4 on August 11, 2026, reporting transactions in common stock and a stock appreciation right dated August 7, 2026.

Key Highlights

  • Reporting person: Suraj Kunchala, Vice President and Controller of Latham Group, Inc.
  • SAR exercise: 13,483 stock appreciation rights with an exercise price of $3.24 were exercised (transaction code M) on 08/07/2026.
  • Shares acquired: 13,483 shares of common stock were acquired at $3.24 per share, bringing direct ownership to 82,436 shares.
  • Shares disposed: 8,693 shares of common stock were disposed of (transaction code D) at $7.29 per share on 08/07/2026, reducing direct ownership to 73,743 shares.
  • Remaining SAR position: 4,495 stock appreciation rights remained beneficially owned following the reported transactions.
  • SAR expiration: The exercised stock appreciation rights had an expiration date of 03/01/2033 and became exercisable on 03/01/2024.

Kunchala's August 2026 Transactions in Latham Group Common Stock and SARs

According to the filing, Suraj Kunchala, serving as Vice President and Controller at Latham Group, Inc., reported two transactions in common stock and one transaction in derivative securities, all dated August 7, 2026. The filing was signed by Patrick M. Sheller as Attorney-in-Fact and submitted to the SEC on August 11, 2026.

In Table I, the filing discloses that Kunchala acquired 13,483 shares of common stock (par value $0.0001 per share) at a price of $3.24 per share via transaction code M, which corresponds to the exercise of a derivative security. Following this acquisition, the reporting person's directly held shares stood at 82,436. Subsequently, 8,693 shares were disposed of at $7.29 per share under transaction code D, leaving a directly held balance of 73,743 shares, according to the filing.

In Table II, the filing reports that 13,483 stock appreciation rights (SARs) with a conversion or exercise price of $3.24 were exercised (transaction code M) on August 7, 2026. The underlying security is common stock (par value $0.0001 per share). The SARs had a date exercisable of 03/01/2024 and an expiration date of 03/01/2033. Following the exercise, 4,495 SARs remained directly beneficially owned by the reporting person, the filing states. No indirect ownership was reported for any of the transactions.

What Was Disclosed

The filing discloses the exercise of 13,483 stock appreciation rights and a subsequent disposition of 8,693 common shares by Latham Group's Vice President and Controller on August 7, 2026, resulting in direct ownership of 73,743 common shares and 4,495 remaining SARs.