Leslie's (NASDAQ: LESL) director exercises 7,281 RSUs, now holds 10,983 shares

Rhea-AI Filing Summary

Leslie's, Inc. director Claire Spofford exercised 7,281 Restricted Stock Units into an equal number of common shares on March 12, 2026. The RSUs converted at a price of $0.00 per unit as part of equity compensation. Following the transaction, she directly holds 10,983 common shares. No shares were sold, so this reflects an exercise-and-hold decision rather than a market sale.

Insider Trade Summary

7,281 shares exercised/converted

Mixed 2 txns

Insider Spofford Claire

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	7,281	$0.00	--
Exercise	Common Stock, par value $0.001 per share	7,281	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock, par value $0.001 per share — 10,983 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Spofford Claire

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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	03/12/2026		M		7,281	A	$0	10,983	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)	03/12/2026		M			7,281	03/12/2026	03/12/2026	Common Stock	7,281	$0	0	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.

	/s/ Benjamin Lindquist, as Attorney-in-Fact for Claire Spofford	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 insider transaction did Leslie's (LESL) director Claire Spofford report?

Claire Spofford reported exercising 7,281 Restricted Stock Units into common stock. The RSUs converted one-for-one into Leslie’s common shares at a price of $0.00 per unit, reflecting equity compensation rather than an open-market purchase or sale.

How many Leslie's (LESL) shares does Claire Spofford hold after this Form 4?

After the transaction, Claire Spofford directly holds 10,983 shares of Leslie’s common stock. This total reflects the addition of 7,281 shares from the RSU conversion, with no reported sales or dispositions in the same Form 4 filing.

Were any Leslie's (LESL) shares sold in Claire Spofford’s March 12, 2026 transaction?

No shares were sold in this transaction. The Form 4 shows only the exercise and conversion of 7,281 Restricted Stock Units into common stock, with no corresponding sale, tax withholding, or other disposition of Leslie’s shares reported.

What does the RSU footnote in Leslie's (LESL) Form 4 explain?

The footnote explains that each Restricted Stock Unit represents the right to receive one Leslie’s common share upon vesting. This clarifies that the 7,281 RSUs converted on a one-for-one basis into 7,281 common shares when they vested on March 12, 2026.

Is Claire Spofford’s Leslie's (LESL) Form 4 transaction an open-market buy?

The transaction is not an open-market buy. It is classified as an exercise or conversion of a derivative security, where 7,281 RSUs vested and delivered common shares at $0.00, consistent with equity compensation rather than a market purchase.