Leslie's (LESL) executive reports 580 RSUs and routine tax withholding

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

Mixed 3 txns

Insider Cramer Naomi

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	580	$0.00	--
Exercise	Common Stock, par value $0.001 per share	432	$0.00	--
Tax Withholding	Common Stock, par value $0.001 per share	148	$3.03	$448.44

Holdings After Transaction: Restricted Stock Units — 25,854 shares (Direct, null); Common Stock, par value $0.001 per share — 9,526 shares (Direct, null)

Footnotes (1)

1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock. 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.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cramer Naomi

(Last) (First) (Middle)

2005 EAST INDIAN SCHOOL ROAD

(Street)

PHOENIX ARIZONA 85016

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Leslie's, Inc. [ LESL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	05/18/2026		M		432	A	$0	9,526	D
Common Stock, par value $0.001 per share	05/18/2026		F		148	D	$3.03	9,378	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	05/18/2026		M		580		(2)	(2)	Common Stock, par value $0.001 per share	580	$0	25,854	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock.

2. 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.

Remarks:

Chief Retail Operations and Talent Officer

	/s/ Benjamin Lindquist, as Attorney-in-Fact for Naomi Cramer	05/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

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.

How many Leslie's (LESL) shares were withheld for Naomi Cramer’s taxes?

A total of 148 Leslie's common shares were withheld to satisfy tax obligations. The shares were valued at $3.03 each in the filing, reflecting a standard tax-withholding disposition connected to her restricted stock unit vesting and exercise activity.

How many Leslie's (LESL) shares did Naomi Cramer acquire through RSU activity?

Naomi Cramer’s RSU activity produced 580 common shares before tax withholding. After 148 shares were withheld to cover taxes, she retained a net 432 additional common shares, as reflected in the reported post-transaction share balances in the filing.

What is Naomi Cramer’s Leslie's (LESL) shareholding after these transactions?

Following the reported transactions, Naomi Cramer directly holds 9,378 Leslie's common shares. She also holds 25,854 restricted stock units, which represent rights to receive common shares in the future as vesting conditions are satisfied over time.

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.