secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2022-06-14T23:59:59+00:00
Accession:  0000950142-22-001910
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latham Group announces CFO succession: Borseth retiring, Masson appointed
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- CFO Mark Borseth to retire; transitions to Strategic Advisor through Dec 31, 2022.
- Robert Masson appointed CFO effective July 11, 2022; previously EVP & CFO of Hypertherm.
- Masson's compensation: $420k base, 60% target bonus, $315k one-time RSU, $378k 2022 equity options, annual target equity $630k.
- Borseth retirement: continues base salary thru Dec 2022, 75% guaranteed target bonus, 106,606 RSUs vest, rest forfeited.
- Borseth did not express any disagreement on Company's operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000095014222001910/0000950142-22-001910-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000095014222001910/eh220261370_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-001910

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer