Leslie's CEO exercises 4,957 RSUs into stock
Leslie's, Inc. (LESL) reported that Chief Executive Officer and director Jason McDonell exercised 4,957 Restricted Stock Units (RSUs) into 4,957 shares of common stock on September 9, 2026.
Rhea-AI Filing Summary
Leslie's, Inc. (LESL) reported that Chief Executive Officer and director Jason McDonell exercised 4,957 Restricted Stock Units (RSUs) into 4,957 shares of common stock on September 9, 2026. In connection with this vesting, 1,366 common shares were delivered or withheld to cover exercise price or tax liability, with no open-market sale reported.
Following the RSU conversion, McDonell holds 56,362 RSUs directly. A related RSU grant provides that 9,913 additional RSUs will vest in equal installments on September 9, 2027 and September 9, 2028, subject to his continued employment or service with Leslie's or an affiliate through each vesting date. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,957 shares exercised/converted
Exercise
3 txns
Insider
McDonell Jason
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 4,957 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 4,957 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 1,366 | $0.541 | $739.01 |
Holdings After Transaction:
Restricted Stock Units — 56,362 contracts (Direct);
Common Stock, par value $0.001 per share — 8,170 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, of which 9,913 will vest equally on September 9, 2027 and Septmeber 9, 2028, subject to Mr. McDonell's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
Key Figures
RSUs exercised: 4,957 units
Common shares acquired from RSUs: 4,957 shares
Shares delivered/withheld for exercise price or taxes: 1,366 shares
+3 more
6 metrics
RSUs exercised
4,957 units
RSUs converted into common stock on September 9, 2026
Common shares acquired from RSUs
4,957 shares
Shares of common stock received upon RSU exercise on September 9, 2026
Shares delivered/withheld for exercise price or taxes
1,366 shares
Code F transaction on September 9, 2026
Per-share amount for tax/exercise settlement
$0.541 per share
Price reported for 1,366 shares in the code F transaction
RSUs held after transaction
56,362 units
Direct RSU holdings following the September 9, 2026 RSU conversion
Future RSUs scheduled to vest
9,913 units
RSU grant vesting equally on September 9, 2027 and September 9, 2028
Key Terms
Restricted Stock Units, derivative security, Rule 10b5-1, 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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Rule 10b5-1 regulatory
"Rule 10b5-1 checkbox is unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What insider equity transaction did LESL CEO Jason McDonell report on September 9, 2026?
Jason McDonell reported exercising 4,957 RSUs into 4,957 shares of Leslie's, Inc. common stock on September 9, 2026. This was an exercise or conversion of a derivative security, not an open-market purchase or sale.
How many Restricted Stock Units does the LESL CEO hold after the reported transaction?
After the September 9, 2026 RSU conversion, Jason McDonell directly holds 56,362 Restricted Stock Units (RSUs). Each RSU represents the contingent right to receive one share of Leslie's common stock upon vesting.
What future RSU vesting is scheduled for LESL CEO Jason McDonell?
A disclosed RSU grant provides that 9,913 RSUs will vest equally on September 9, 2027 and September 9, 2028, subject to McDonell’s continuous employment or service with Leslie's, Inc. or an affiliate through each vesting date.
Was Jason McDonell’s LESL Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked, and there is no indication in the footnotes that the September 9, 2026 transactions were executed under a Rule 10b5-1 or other pre-arranged trading plan.
Did the LESL CEO report any open-market stock sales in this Form 4?
No open-market sales were reported. The transactions consist of RSU exercise into common stock and shares delivered or withheld to pay the exercise price or tax liability, with no transaction coded as a sale (S).
AI-generated analysis. How Rhea-AI works. Not financial advice.
