Naomi Cramer of Leslie's (NASDAQ: LESL) nets shares from RSU vesting
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
6,428 shares exercised/converted
Mixed
6 txns
Insider
Cramer Naomi
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,428 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 per share | 5,000 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 1,583 | $1.18 | $2K |
| Exercise | Common Stock, par value $0.001 per share | 1,428 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 452 | $1.18 | $533.36 |
Holdings After Transaction:
Restricted Stock Units — 27,862 shares (Direct);
Common Stock, par value $0.001 per share — 9,614 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 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. 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.
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.
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.
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.