Latham Group Inc. Reports Board and Executive Compensation Changes
Ticker: SWIM · Form: 8-K · Filed: Oct 9, 2024 · CIK: 1833197
| Field | Detail |
|---|---|
| Company | Latham Group, Inc. (SWIM) |
| Form Type | 8-K |
| Filed Date | Oct 9, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Latham Group shakes up board and exec pay - new faces, new terms.
AI Summary
Latham Group, Inc. announced on October 9, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific details regarding the individuals involved and the financial implications of these changes are outlined within the report.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can indicate underlying issues or strategic shifts that may impact the company's future performance.
Key Players & Entities
- Latham Group, Inc. (company) — Registrant
- October 9, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 787 Watervliet Shaker Road, Latham, NY 12110 (address) — Principal executive offices
FAQ
What specific roles have been affected by the departure of directors or officers?
The filing indicates the departure of certain officers and directors, but does not specify the exact roles within this summary section.
Who are the newly elected directors?
The filing mentions the election of new directors but does not name them in this summary.
What are the key changes in the compensatory arrangements for certain officers?
The filing notes updates to compensatory arrangements for certain officers, but the specific details of these arrangements are not provided in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 9, 2024.
What is the principal executive office address for Latham Group, Inc.?
The principal executive office is located at 787 Watervliet Shaker Road, Latham, NY 12110.
Filing Stats: 1,095 words · 4 min read · ~4 pages · Grade level 11.2 · Accepted 2024-10-09 16:17:04
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share SWIM The Nasdaq Stock Mar
Filing Documents
- tm2425890d1_8k.htm (8-K) — 31KB
- tm2425890d1_ex99.htm (EX-99) — 5KB
- tm2425890d1_ex99img001.jpg (GRAPHIC) — 2KB
- 0001104659-24-107340.txt ( ) — 213KB
- swim-20241009.xsd (EX-101.SCH) — 3KB
- swim-20241009_lab.xml (EX-101.LAB) — 33KB
- swim-20241009_pre.xml (EX-101.PRE) — 22KB
- tm2425890d1_8k_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On October 9, 2024, the Company issued a press release announcing the foregoing matters, which is attached hereto as Exhibit 99 and is incorporated herein by reference. The information in Item 7.01 of this Current Report on Form 8-K (including Exhibit 99 furnished herewith) shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. 2
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99 Press release of Latham Group, Inc., dated October 9, 2024, regarding director matters. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 9, 2024 LATHAM GROUP, INC. By: /s/ Scott M. Rajeski Name: Scott M. Rajeski Title: Chief Executive Officer and President 4