Leslie's, Inc. (LESL) SVP Lindquist reports RSU vesting and share adjustment

Rhea-AI Filing Summary

Leslie's, Inc. officer Benjamin Lindquist, SVP, General Counsel and Corporate Secretary, reported a small equity award vesting and related share adjustment. On January 27, 2026, 19 Restricted Stock Units converted into 19 shares of common stock at an exercise price of $0.

The filing shows 7 of those common shares were disposed of at $1.72 in a transaction coded “F,” indicating shares withheld to cover taxes, leaving 1,533 common shares held directly. Lindquist also holds 8,605 RSUs after the transaction.

A footnote states total holdings were adjusted due to an inadvertent underreporting of 191 common shares in a prior Form 4 filed on December 9, 2025.

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

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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^*

Lindquist Benjamin

(Last) (First) (Middle)

2005 EAST INDIAN SCHOOL ROAD

(Street)

PHOENIX AZ 85016

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

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

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

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

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	01/27/2026		M		19	A	$0	1,540(1)	D
Common Stock, par value $0.001 per share	01/27/2026		F		7	D	$1.72	1,533	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(2)	01/27/2026		M			19	(3)	(3)	Common Stock	19	$0	8,605	D

Explanation of Responses:

1. Total holdings have been adjusted to reflect an inadvertent underreporting of 191 shares of Common Stock in the Reporting Person's piror Form 4 filed on December 9, 2025.

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

3. Represents a grant of RSUs which fully vested on January 27, 2026.

Remarks:

SVP, General Counsel and Corporate Secretary

	/s/ Benjamin Lindquist	01/29/2026
	** 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.

FAQ

What insider transaction did Leslie's (LESL) report for Benjamin Lindquist?

Leslie's reported that officer Benjamin Lindquist had 19 Restricted Stock Units convert into 19 common shares at a $0 exercise price. Seven shares were then withheld at $1.72 for taxes, leaving him with 1,533 common shares and 8,605 RSUs.

How many Leslie's (LESL) common shares does Benjamin Lindquist hold after this Form 4?

After the reported transactions, Benjamin Lindquist directly holds 1,533 shares of Leslie’s common stock. In addition, he beneficially owns 8,605 Restricted Stock Units, each representing a right to receive one share of common stock upon vesting, as described in the filing.

What do the transaction codes M and F mean in the Leslie's (LESL) Form 4?

In this Form 4, code M reflects the conversion of 19 Restricted Stock Units into 19 shares of common stock at a $0 exercise price. Code F indicates the disposition of 7 shares at $1.72, typically representing shares withheld by the issuer to satisfy tax obligations.

What correction to prior ownership does the Leslie's (LESL) Form 4 disclose?

A footnote explains that total holdings were adjusted for an inadvertent underreporting of 191 common shares in Benjamin Lindquist’s prior Form 4 filed December 9, 2025. This means his current reported ownership incorporates those additional shares in the updated total.

What role does Benjamin Lindquist hold at Leslie's (LESL) in this Form 4?

The Form 4 identifies Benjamin Lindquist as an officer of Leslie’s, serving as Senior Vice President, General Counsel and Corporate Secretary. He is not listed as a director or 10% owner, and the reported holdings are shown as directly owned, not through another entity.

How many Restricted Stock Units does Benjamin Lindquist hold after the Leslie's (LESL) transaction?

Following the January 27, 2026 transaction, Benjamin Lindquist beneficially owns 8,605 Restricted Stock Units. Each RSU represents the contingent right to receive one share of Leslie’s common stock upon vesting, according to the explanatory footnote included in the filing.