Leslie's (LESL) director awarded 4,500 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Naylor Maile reported acquisition or exercise transactions in this Form 4 filing.
Leslie's, Inc. director Maile Naylor reported receiving 4,500 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Leslie's common stock upon vesting.
The 4,500 RSUs will vest on the earlier of March 24, 2027 or the day before the company’s 2027 annual shareholder meeting, as long as Naylor continues serving on the board through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,500 shares exercised/converted
Mixed
1 txn
Insider
Naylor Maile
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,500 shares (Direct)
Footnotes (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 4,500 RSUs which will vest on the earlier of (a) March 24, 2027 or (b) the day prior to the Company's Annual Meeting of Shareholders held in 2027 (the earlier of (a) and (b) referred to as the "Vesting Date"), subject to Ms. Naylor's continuous service as a member of the Board until the Vesting Date.
FAQ
What insider transaction did Leslie's (LESL) report for Maile Naylor?
Leslie's reported that director Maile Naylor received 4,500 Restricted Stock Units. These RSUs give her the contingent right to receive an equal number of common shares, subject to vesting conditions tied to her continued board service through the 2027 vesting date.
How many Restricted Stock Units did Maile Naylor receive from Leslie's (LESL)?
Maile Naylor received a grant of 4,500 Restricted Stock Units. Each unit can convert into one share of Leslie's common stock upon vesting, aligning her compensation with shareholder interests through equity rather than immediate cash compensation.
When do Maile Naylor’s 4,500 Leslie's (LESL) RSUs vest?
The 4,500 RSUs vest on the earlier of March 24, 2027 or the day before Leslie's 2027 annual shareholder meeting. Vesting is contingent on her continuous service on the board until that vesting date, as disclosed in the Form 4 footnotes.
What does each Leslie's (LESL) RSU granted to Maile Naylor represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Leslie's common stock upon vesting. No shares are issued immediately; the equity is delivered only if the vesting conditions tied to Naylor’s continued board service are satisfied.
Is Maile Naylor’s Leslie's (LESL) RSU award tied to continued board service?
Yes. The 4,500 RSUs will vest only if Maile Naylor maintains continuous service as a member of the board until the vesting date in 2027. This structure is designed to encourage ongoing service and align director incentives with long-term shareholder value.
How many Leslie's (LESL) RSUs does Maile Naylor hold after this transaction?
After this Form 4 transaction, Maile Naylor is shown as holding 4,500 derivative securities in the form of RSUs. These units can convert into an equal number of common shares once the vesting conditions are met on or before the 2027 vesting date.