Leslie's executive reports RSU grant and tax withholding
Leslie's, Inc. executive Naomi Cramer reported routine equity compensation transactions.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Leslie's, Inc. executive Naomi Cramer reported routine equity compensation transactions. She exercised restricted stock units into 580 shares of common stock, with 148 shares withheld to cover taxes, leaving a net 432 shares. After these transactions she directly holds 9,378 common shares and 25,854 RSUs, including 580 RSUs scheduled to vest on May 18, 2027 if she remains employed.
Insider Trade Summary
580 shares exercised/converted
Exercise
3 txns
Insider
Cramer Naomi
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 580 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 432 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 148 | $3.03 | $448.44 |
Holdings After Transaction:
Restricted Stock Units — 25,854 contracts (Direct);
Common Stock, par value $0.001 per share — 9,378 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock.
- F2. Represents a grant of RSUs, of which 580 will vest on May 18, 2027, subject to Ms. Cramer's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
Key Figures
Tax-withheld shares: 148 shares
RSU-derived shares: 580 shares
Post-transaction common shares: 9,378 shares
+3 more
6 metrics
Tax-withheld shares
148 shares
Shares withheld for taxes at $3.03 per share on May 18, 2026
RSU-derived shares
580 shares
Common shares from RSU activity on May 18, 2026
Post-transaction common shares
9,378 shares
Directly held common stock after Form 4 transactions
RSUs outstanding
25,854 units
Restricted Stock Units directly held after reported activity
RSUs vesting 2027
580 units
RSUs scheduled to vest on May 18, 2027, subject to continued service
Tax price
$3.03 per share
Value used for 148-share tax-withholding disposition
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security
3 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the contingent right to receive, upon vesting, one share of Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Transaction code F reflects a tax-withholding disposition of 148 shares."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"The RSU transaction is described as an exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Naomi Cramer report for Leslie's (LESL)?
Naomi Cramer reported routine equity compensation activity involving restricted stock units. She converted RSUs into 580 common shares, with 148 shares withheld for taxes, and ended with 9,378 common shares and 25,854 RSUs directly held.
What restricted stock units did Naomi Cramer receive from Leslie's (LESL)?
She received a grant of restricted stock units of which 580 RSUs are scheduled to vest on May 18, 2027. Vesting is contingent on her continuous employment or service with Leslie's or an affiliate through that vesting date, according to the filing footnote.
Are Naomi Cramer’s Leslie's (LESL) Form 4 transactions open-market trades?
The transactions are not open-market buys or sells. They consist of restricted stock unit exercises and a tax-withholding disposition, which are routine compensation-related events rather than discretionary purchases or sales in the public market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
