Leslie's, Inc. (LESL) executive exercises 5,095 RSUs, withholds 1,515 shares
Rhea-AI Filing Summary
Leslie's, Inc. executive Amy College, Chief Merchandising and Supply Chain Officer, exercised 5,095 Restricted Stock Units into an equal number of common shares on August 14, 2026. Of the resulting common stock, 1,515 shares were delivered or withheld to pay the exercise price or tax liability at $0.7699 per share. Following the transaction, College held 19,103 Restricted Stock Units directly, each representing a contingent right to receive one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,580 shares
Net Buy
3 txns
Insider
College Amy
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 5,095 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share | 5,095 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 per share | 1,515 | $0.7699 | $1K |
Holdings After Transaction:
Restricted Stock Units — 19,103 shares (Direct);
Common Stock, par value $0.001 per share — 3,580 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 10,189 will vest in equal installments on August 14, 2027, and August 14, 2028, subject to Ms. College's continuous employment or service with the Issuer or an affilate until the applicable vesting date.
Key Figures
RSUs exercised: 5,095 shares
Shares delivered/withheld for exercise price or tax: 1,515 shares
Price per share for tax/exercise payment: $0.7699 per share
+1 more
4 metrics
RSUs exercised
5,095 shares
Restricted Stock Units converted into common stock on August 14, 2026
Shares delivered/withheld for exercise price or tax
1,515 shares
Common stock used at $0.7699 per share in code F transaction
Price per share for tax/exercise payment
$0.7699 per share
Applied to 1,515 common shares in code F disposition
RSUs held after transaction
19,103 units
Restricted Stock Units directly held following the reported exercise
Key Terms
Restricted Stock Units, contingent right, Payment of exercise price or tax liability, vesting
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, one share..."
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
vesting financial
"will vest in equal installments on August 14, 2027, and August 14, 2028..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Leslie's (LESL) officer Amy College report in this Form 4?
Amy College reported exercising 5,095 Restricted Stock Units into common stock on August 14, 2026. She then delivered or withheld 1,515 shares of common stock at $0.7699 per share to cover exercise price or tax liability.
How many Leslie's (LESL) RSUs did Amy College exercise and into what security?
Amy College exercised 5,095 Restricted Stock Units, each converting into one share of Leslie's common stock. The units represented contingent rights to receive common shares upon vesting, and this transaction reflects their exercise into stock.
How many Leslie's (LESL) RSUs does Amy College hold after this transaction?
After the reported transaction, Amy College directly held 19,103 Restricted Stock Units. These RSUs each represent a contingent right to receive one share of Leslie's common stock when the applicable vesting conditions are satisfied.
What does the code "F" mean in Amy College’s Leslie's (LESL) Form 4?
Transaction code "F" indicates payment of exercise price or tax liability by delivering or withholding securities. In this filing, 1,515 common shares at $0.7699 per share were used for that purpose after the RSU exercise.
Was Amy College’s Leslie's (LESL) RSU exercise under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not affirmed (set to false), indicating the transactions were not reported as being made pursuant to a Rule 10b5-1 trading plan or similar pre-arranged agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
