Leslie's officer exercises 1,000 RSUs into stock
Leslie's, Inc. (LESL) reported that officer Naomi Cramer exercised 1,000 Restricted Stock Units into 1,000 shares of common stock on August 26, 2026.
Rhea-AI Filing Summary
Leslie's, Inc. (LESL) reported that officer Naomi Cramer exercised 1,000 Restricted Stock Units into 1,000 shares of common stock on August 26, 2026. In connection with this vesting, 255 common shares were delivered or withheld to cover the exercise price or tax liability. Following the transaction, Cramer held 24,854 RSUs representing contingent rights to additional common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000 shares exercised/converted
Exercise
3 txns
Insider
Cramer Naomi
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 1,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 1,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 255 | $0.6063 | $154.61 |
Holdings After Transaction:
Restricted Stock Units — 24,854 contracts (Direct);
Common Stock, par value $0.001 per share — 10,123 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock.
- F2. Represents a grant of RSUs which fully vested on August 26, 2026.
Key Figures
RSUs exercised into common stock: 1,000 shares
Shares delivered or withheld for exercise price or tax liability: 255 shares at $0.6063 per share
RSUs held after transaction: 24,854 RSUs
+1 more
4 metrics
RSUs exercised into common stock
1,000 shares
RSUs converted into common stock on August 26, 2026
Shares delivered or withheld for exercise price or tax liability
255 shares at $0.6063 per share
Code F transaction on August 26, 2026
RSUs held after transaction
24,854 RSUs
Total RSUs following the August 26, 2026 vesting and conversion
RSU-to-share conversion ratio
1 RSU : 1 common share
Each RSU represents the right to receive one share upon vesting
Key Terms
Restricted Stock Units, contingent right, Exercise or conversion of derivative security, Payment of exercise price or tax liability
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents the contingent right to receive"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"represents the contingent right to receive, upon vesting of the RSU"
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
Payment of exercise price or tax liability financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering"
FAQ
What insider transaction did LESL officer Naomi Cramer report on August 26, 2026?
Naomi Cramer reported exercising 1,000 Restricted Stock Units into 1,000 shares of Leslie's common stock on August 26, 2026, as part of an RSU grant that fully vested on that date.
How many Restricted Stock Units does Naomi Cramer still hold at Leslie's (LESL)?
After the reported RSU conversion, Naomi Cramer held 24,854 Restricted Stock Units (RSUs), each representing the contingent right to receive one share of Leslie's common stock upon vesting.
Did the LESL Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox was not marked as being made pursuant to a trading plan, and the form-level indication shows no Rule 10b5-1 plan for these transactions.
What is the nature of the RSUs reported in Naomi Cramer’s LESL Form 4?
Each RSU represents a contingent right to receive one share of Leslie's common stock upon vesting. The reported RSU grant fully vested on August 26, 2026, triggering the conversion into common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.