secwatch.observer — SEC 8-K summary
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Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2022-07-22T23:59:59+00:00
Accession:  0000950142-22-002299
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Latham Group director O'Brien resigns from board; Wynnchurch Funds waive rights, cap vote at 9.9%
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- Director Christopher O'Brien resigned effective July 20, 2022; no disagreement with management or board.
- Wynnchurch Funds waived all Stockholders Agreement rights including to nominate directors, fill vacancies, and appoint observers.
- Wynnchurch Funds entered a voting agreement capping their affiliates' voting power at 9.9% of outstanding shares until they own >50%.
- O'Brien was a member of the Compensation Committee; his resignation leaves a vacancy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000095014222002299/0000950142-22-002299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000095014222002299/eh220272421_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-002299

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