---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-090473"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2021-07-09T23:59:59+00:00"
generated_at: "2026-06-30T06:27:04.376597+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Latham Group expects $138M stock-based comp expense in FY 2021 from IPO unit conversion

## Summary
- FY 2021 stock-based comp expense expected ~$138M, ~$131M from conversion of Class B units into restricted/common stock.
- Q2 2021 expects ~$76M stock-based comp, including $49.5M acceleration charges from reorganization/conversion.
- Remaining FY 2021 stock-based comp to be recognized evenly in Q3 and Q4.
- Expense is non-cash and relates to April 2021 IPO.

## SEC filing metadata
- accession: 0001104659-21-090473
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2021-07-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833197/000110465921090473/0001104659-21-090473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000110465921090473/tm2121755d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-090473
- JSON: https://secwatch.observer/filing/0001104659-21-090473.json
- Plain text: https://secwatch.observer/filing/0001104659-21-090473.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.