secwatch.observer — SEC 8-K summary
======================================

Issuer:     Latham Group, Inc. (SWIM)
CIK:        0001833197
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001104659-25-119317
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Latham Group names Sean Gadd as new CEO; Scott Rajeski retires after 8 years
----------------------------------------------------------------------------

- Scott Rajeski to retire as CEO and board member effective Jan 4, 2026; will serve as special advisor for ~6 months.
- Sean Gadd, formerly President of James Hardie North America, becomes CEO and Class II director on Jan 5, 2026.
- Gadd's compensation includes $750k base salary, 100% target bonus, $2.75M SAR grant, and annual equity target of $2-3M.
- Rajeski enters separation agreement with consulting fee of $41,667/month and continued vesting of certain equity awards through July 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833197/000110465925119317/0001104659-25-119317-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833197/000110465925119317/tm2532973d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-119317

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