Welcome to our dedicated page for Leslie'S SEC filings (Ticker: LESL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Leslie's, Inc. (LESL) SEC filings page brings together the company’s regulatory disclosures, as filed with the U.S. Securities and Exchange Commission. Leslie's is a U.S. pool and spa care retailer that identifies itself as the largest and most trusted direct-to-customer brand in its industry, serving residential customers and pool professionals nationwide. Its filings provide detailed information on financial performance, governance, capital structure, and key corporate actions.
Investors can use this page to access periodic reports and current reports on Form 8-K that describe material events. Recent 8-K filings have covered topics such as quarterly and annual financial results, leadership transitions in the Chief Financial Officer and Treasurer role, the appointment of senior executives, and the adoption and implementation of a 1-for-20 reverse stock split with a proportionate reduction in authorized shares. Other 8-Ks and proxy materials explain the company’s efforts to address Nasdaq minimum bid price requirements and the steps taken to regain compliance.
The definitive proxy statement for the special meeting of shareholders outlines the rationale for the reverse stock split, including its relationship to Nasdaq listing standards and potential effects on trading price and authorized share counts. Additional filings discuss matters such as compensation arrangements for senior executives and the mechanics of the reverse stock split, including treatment of fractional shares and adjustments under the company’s equity incentive plan.
On Stock Titan, these Leslie's SEC filings are supplemented with AI-powered summaries that highlight the main points of lengthy documents. Users can quickly see what each 10-K, 10-Q, 8-K, proxy statement, or other filing covers, and then drill into the full text for deeper analysis. Form 4 and other ownership-related filings, when available, can help track insider-related activity and equity awards as described in the company’s disclosures.
Leslie's, Inc. director Lorna Nagler exercised restricted stock units into common shares. On 2026-03-12, she converted 7,281 Restricted Stock Units into 7,281 shares of Leslie's common stock at a stated exercise price of $0.00 per share.
Following these transactions, Nagler directly owned 8,732 shares of Leslie's common stock. The filing shows an exercise-and-hold pattern, with no reported open-market sales or tax-withholding dispositions in this Form 4.
Leslie's, Inc. director Daniel Yolanda acquired 7,281 shares of common stock on March 12, 2026 by exercising an equal number of Restricted Stock Units, which convert into one share each upon vesting. After this compensation-related exercise, Yolanda directly holds 9,794 common shares.
Leslie's, Inc. director Naylor Maile exercised restricted stock units and increased their shareholdings. On this Form 4, Maile exercised 7,281 Restricted Stock Units, each converting into one share of Leslie's common stock at a price of $0.00 per share. Following the conversion, Maile directly holds 9,298 shares of Leslie's common stock, indicating an exercise-and-hold transaction with no reported share sales.
Leslie's, Inc. director John Strain reported an exercise of equity awards rather than an open‑market trade. On March 12, 2026, he exercised 7,281 Restricted Stock Units, receiving the same number of shares of common stock at a stated price of $0.00 per share.
After this transaction, Strain directly holds 12,627 shares of Leslie's common stock. A separate holding entry shows an additional 13,500 shares of common stock held indirectly by the Strain Family Revocable Trust. The filing shows no remaining derivative positions from this RSU grant.
Leslie's, Inc. officer Naomi Cramer reported compensation-related equity activity. On March 14, 2026, a total of 6,428 Restricted Stock Units converted into the same number of common shares. To cover tax obligations, 2,035 shares of common stock were withheld and disposed of at $1.18 per share.
After these transactions, Cramer directly holds 9,007 shares of Leslie's common stock. Footnotes also describe new RSU grants of 10,000 and 2,854 units that will vest in equal parts on March 15, 2027 and March 14, 2028, if she remains continuously employed.
Leslie’s, Inc. reported a weak first quarter as sales and margins fell sharply and store closures weighed on results. Sales declined to $147.1 million from $175.2 million, with comparable sales down 15.5%. Gross margin compressed to 18.4% from 27.2%, hurt by a $6.4 million inventory impairment tied to a strategic plan to close 80 underperforming stores and one distribution center and by lower margins on core chemicals.
The company recorded total charges of about $18.5 million related to the closures, contributing to an operating loss of $68.7 million and a net loss of $83.0 million, versus a $44.6 million loss a year earlier. Adjusted EBITDA was a loss of $40.3 million. Cash used in operating activities improved but remained heavy at $81.1 million. Cash and cash equivalents fell to $3.6 million, while total debt stood at $781.7 million, including a Term Loan due 2028 and $25.0 million drawn on the Revolving Credit Facility, with $128.3 million of remaining availability.
The quarter also reflected the earlier 1-for-20 reverse stock split and prior goodwill impairment, leaving no goodwill on the balance sheet. Management disclosed that previously identified material weaknesses in internal control over financial reporting remain unremediated, so disclosure controls and procedures were not effective. During the quarter, the company received a credit rating downgrade from S&P Global Ratings to CCC from CCC+ and continues to face pending securities class action and derivative litigation, which it plans to defend while maintaining that reserves for routine claims are not significant.
Leslie’s, Inc. reported weak fiscal first-quarter 2026 results, with sales of $147.1 million, down 16.0% from $175.2 million a year earlier, and comparable sales down 15.5%. Gross profit fell to $27.1 million and gross margin dropped to 18.4% from 27.2%, pressured by lower chemical margins and $6.4 million of non-cash store-closure impairments.
The company recorded a net loss of $83.0 million versus $44.6 million in the prior-year quarter, including a total non-cash impairment charge of $10.1 million tied to closing 80 underperforming stores and one distribution center. Adjusted EBITDA was a loss of $40.3 million, worse than the prior-year loss of $29.3 million.
Leslie’s ended the quarter with cash of $3.6 million, inventory of $210.0 million (down 22.5% year over year), total liquidity of $128.3 million, and a stockholders’ deficit of $489.9 million. Despite the soft quarter, the company reiterated full-year 2026 guidance for sales of $1.10–$1.25 billion and adjusted EBITDA of $55–$75 million, highlighting a strategic pricing overhaul, cost optimization, and store closures as key elements of its ongoing transformation.
Ariel Investments, LLC reports beneficial ownership of 2,836,373 shares of Leslie's Inc common stock, representing 30.5% of the class as of 12/31/2025. Ariel has sole power to vote 2,760,461 shares and sole power to dispose of the full 2,836,373 shares.
The shares are held for Ariel’s adviser clients, who are entitled to dividends and sale proceeds. Ariel Fund, a series of Ariel Investment Trust, owns 2,243,775 Leslie’s shares, giving it an economic interest in more than 5% of the stock. Ariel certifies the holdings are in the ordinary course of business and not for the purpose of changing or influencing control of Leslie’s.
Leslie’s, Inc. is asking shareholders to vote at its virtual 2026 Annual Meeting on March 24, 2026. Key items include electing three Class II directors and one Class III director, ratifying Grant Thornton LLP as auditor for fiscal 2026, an advisory say‑on‑pay vote, and governance and incentive-plan changes.
Shareholders are asked to approve amendments to the Certificate of Incorporation to remove and replace supermajority voting requirements and to adopt an Amended and Restated 2020 Omnibus Incentive Plan. The Board highlights its largely independent, skills-diverse membership, ongoing sustainability focus, and continuing efforts to remediate previously disclosed internal control material weaknesses.