Leslie's (LESL) officer receives equity shares, with portion withheld for taxes

Rhea-AI Filing Summary

Leslie's, Inc. officer Naomi Cramer received 128 shares of common stock on April 3, 2026 through the settlement of performance share units under the company’s long-term compensation plan. On the same date, 14 shares were disposed of at $1.98 per share to satisfy tax obligations. After these routine compensation-related transactions, Cramer directly owns 9,094 shares of Leslie’s common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Cramer Naomi

Role See Remarks

Type	Security	Shares	Price	Value
Exercise	Common Stock, par value $0.001 per share	128	$0.00	--
Tax Withholding	Common Stock, par value $0.001 per share	14	$1.98	$27.72

Holdings After Transaction: Common Stock, par value $0.001 per share — 9,135 shares (Direct)

Footnotes (1)

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Key Figures

Shares acquired from PSU settlement: 128 shares Shares withheld for taxes: 14 shares at $1.98 Shares owned after transactions: 9,094 shares

3 metrics

Shares acquired from PSU settlement 128 shares Common stock received on April 3, 2026

Shares withheld for taxes 14 shares at $1.98 Tax-withholding disposition on April 3, 2026

Shares owned after transactions 9,094 shares Direct ownership following April 3, 2026 Form 4

Key Terms

performance share units, long-term compensation plan, tax-withholding disposition

3 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"

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.

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^*

Cramer Naomi

(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		128(1)	A	$0	9,135	D
Common Stock, par value $0.001 per share	04/03/2026		F		14	D	$1.98	9,094	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:

Chief Retail Operations and Talent Officer

	/s/ Benjamin Lindquist, as Attorney-in-Fact for Naomi Cramer	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)

FAQ

What did Leslie's (LESL) officer Naomi Cramer report in this Form 4?

Naomi Cramer reported receiving 128 Leslie’s common shares via performance share unit settlement and a related 14-share tax-withholding disposition. These are compensation-related entries, not open-market trades, and leave her with 9,094 directly owned shares.

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

The transactions were not open-market buys or sells. Cramer received shares through settlement of performance share units and 14 shares were withheld to cover tax obligations, a standard mechanism for equity compensation rather than discretionary trading.

How many Leslie's (LESL) shares does Naomi Cramer own after the reported transactions?

Following the April 3, 2026 equity compensation transactions, Naomi Cramer directly owns 9,094 shares of Leslie’s common stock. This figure reflects both the performance share unit settlement and the 14 shares withheld to satisfy associated tax liabilities.

What is the purpose of the 14-share tax-withholding transaction in Leslie's (LESL) filing?

The 14-share disposition at $1.98 per share represents shares withheld to pay tax obligations tied to Cramer’s performance share unit settlement. Such tax-withholding dispositions are mechanistic and do not represent a discretionary sale on the open market.

How were the 128 Leslie's (LESL) shares acquired by Naomi Cramer classified?

The 128 shares were acquired in settlement of performance share units granted under Leslie’s long-term compensation plan. The footnote clarifies these units were not derivative securities, highlighting that this is standard equity-based compensation rather than an options exercise.