STOCK TITAN

Naomi Cramer of Leslie's (NASDAQ: LESL) nets shares from RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Leslie's, Inc. officer Naomi Cramer reported compensation-related equity activity. On March 14, 2026, a total of 6,428 Restricted Stock Units converted into the same number of common shares. To cover tax obligations, 2,035 shares of common stock were withheld and disposed of at $1.18 per share.

After these transactions, Cramer directly holds 9,007 shares of Leslie's common stock. Footnotes also describe new RSU grants of 10,000 and 2,854 units that will vest in equal parts on March 15, 2027 and March 14, 2028, if she remains continuously employed.

Positive

  • None.

Negative

  • None.
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 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)
03/14/2026
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 03/14/2026 M 5,000 A $0 9,614 D
Common Stock, par value $0.001 per share 03/14/2026 F 1,583 D $1.18 8,031 D
Common Stock, par value $0.001 per share 03/14/2026 M 1,428 A $0 9,459 D
Common Stock, par value $0.001 per share 03/14/2026 F 452 D $1.18 9,007 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) 03/14/2026 M 5,000 (2) (2) Common Stock, par value $0.001 per share 5,000 $0 27,862 D
Restricted Stock Units $0(1) 03/14/2026 M 1,428 (3) (3) Common Stock, par value $0.001 per share 1,428 $0 26,434 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 10,000 will vest equally on March 15, 2027 and March 14, 2028, subject to Ms. Cramer's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
3. Represents a grant of RSUs, of which 2,854 will vest equally on March 15, 2027 and March 14, 2028, 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 03/17/2026
** 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 did Naomi Cramer report in Leslie's (LESL) latest Form 4?

Naomi Cramer reported the vesting and conversion of 6,428 Restricted Stock Units into Leslie's common shares on March 14, 2026, along with related share dispositions for tax withholding purposes tied to this equity compensation event.

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

Following the Form 4 transactions, Naomi Cramer directly holds 9,007 shares of Leslie's common stock. This figure reflects the RSU conversions reported on March 14, 2026, net of shares withheld and disposed of to satisfy associated tax obligations.

Were any of Naomi Cramer’s Leslie's (LESL) transactions open-market buys or sells?

The reported transactions were not open-market trades. They consisted of RSU conversions (code M) acquiring common shares and tax-withholding dispositions (code F), where shares were delivered at $1.18 per share to cover exercise price or tax liabilities.

How many Leslie's (LESL) shares were withheld for taxes in Naomi Cramer’s Form 4?

A total of 2,035 shares of Leslie's common stock were disposed of under code F at $1.18 per share. These shares were used to satisfy exercise price or tax obligations arising from the RSU conversions reported on March 14, 2026.

What future RSU vesting does Naomi Cramer have at Leslie's (LESL)?

Footnotes describe RSU grants of 10,000 and 2,854 units. Each grant vests in equal portions on March 15, 2027 and March 14, 2028, conditioned on Naomi Cramer’s continuous employment or service with Leslie's or an affiliate.

Is Naomi Cramer’s Leslie's (LESL) Form 4 mainly a compensation event?

Yes. The filing reflects RSU vesting and conversion into common stock plus related tax-withholding dispositions, rather than discretionary open-market buying or selling. It primarily documents equity-based compensation and its impact on her direct share ownership position.
Leslie'S, Inc.

NASDAQ:LESL

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10.34M
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Specialty Retail
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United States
PHOENIX