Leslie's officer receives shares via PSU vesting

Leslie's, Inc. officer Benjamin Lindquist reported routine stock-based compensation activity.

Accepted by SEC EDGAR 04/07/2026 - 05:47 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Leslie's, Inc. officer Benjamin Lindquist reported routine stock-based compensation activity. On April 3, 2026, he acquired 83 shares of common stock through settlement of performance share units granted under the company’s long-term compensation plan. To cover related obligations, 29 shares were disposed of at $1.98 per share as a tax-withholding transaction, leaving him with 1,587 shares of common stock held directly. These events reflect compensation vesting and associated tax payments rather than open-market trading.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Lindquist Benjamin

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Common Stock, par value $0.001 per share	83	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock, par value $0.001 per share	29	$1.98	$57.42

Holdings After Transaction: Common Stock, par value $0.001 per share — 1,587 shares (Direct)

Footnotes (1)

1. F1. Shares acquired in settlement of performance share units (which were not derivative securities) received under the Company's long-term compensation plan.

Key Figures

Shares acquired from PSU settlement: 83 shares Shares withheld for taxes: 29 shares at $1.98/share Shares held after transactions: 1,587 shares

3 metrics

Shares acquired from PSU settlement 83 shares Common Stock received April 3, 2026

Shares withheld for taxes 29 shares at $1.98/share Tax-withholding disposition on April 3, 2026

Shares held after transactions 1,587 shares Direct common stock ownership after April 3, 2026

Key Terms

performance share units, long-term compensation plan, tax-withholding disposition, Common Stock, par value $0.001 per share

4 terms

performance share units financial

"Shares acquired in settlement of performance share units (which were not derivative securities)"

Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.

long-term compensation plan financial

"received under the Company's long-term compensation plan"

A long-term compensation plan is a pay program that rewards executives and employees based on performance or continued service over multiple years, often using stock awards, options or multi-year bonuses. It matters to investors because it shapes managers’ incentives, affects potential share dilution and company costs, and signals whether leadership is encouraged to focus on sustainable growth rather than short-term results — like planting an orchard that pays off only after several seasons.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

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.

Common Stock, par value $0.001 per share financial

"security_title": "Common Stock, par value $0.001 per share""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Benjamin Lindquist report in this Leslie's (LESL) Form 4 filing?

Benjamin Lindquist reported stock-based compensation activity, not open-market trades. He received 83 Leslie's common shares from performance share unit vesting, and 29 shares were withheld to satisfy tax obligations, resulting in a net increase in directly held stock.

How many Leslie's (LESL) shares did Lindquist acquire through PSU settlement?

Lindquist acquired 83 Leslie's common shares through settlement of performance share units. These units were granted under the company’s long-term compensation plan and converted into shares on April 3, 2026, reflecting routine equity compensation rather than a market purchase.

Why were 29 Leslie's (LESL) shares disposed of in this Form 4?

The 29 disposed shares were withheld to cover exercise price or tax liabilities at $1.98 per share. This tax-withholding disposition is a standard mechanism for paying obligations on vested equity awards and does not represent an open-market sale decision by Lindquist.

How many Leslie's (LESL) shares does Lindquist hold after these transactions?

Following the reported transactions, Lindquist directly holds 1,587 Leslie's common shares. This reflects the 83 shares received from performance share unit settlement, reduced by 29 shares withheld for tax obligations, and shows his updated equity position after the compensation event.

Were derivatives or options involved in this Leslie's (LESL) Form 4?

Although coded as an exercise, the filing’s footnote clarifies the 83 shares came from performance share units, which were not derivative securities. This indicates the event was equity award settlement under a long-term compensation plan, not an option or warrant exercise.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Lindquist Benjamin

(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)
04/03/2026

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	04/03/2026		M		83(1)	A	$0	1,616	D
Common Stock, par value $0.001 per share	04/03/2026		F		29	D	$1.98	1,587	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

Explanation of Responses:

1. Shares acquired in settlement of performance share units (which were not derivative securities) received under the Company's long-term compensation plan.

Remarks:

SVP, General Counsel and Corporate Secretary

	/s/ Benjamin Lindquist	04/07/2026
	** 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)