Leslie's, Inc.·4

Mar 17, 4:05 PM ET

Cramer Naomi 4

4 · Leslie's, Inc. · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Leslie's (LESL) Chief Retail Ops Naomi Cramer Receives 6,428 RSU Shares

What Happened

  • Naomi Cramer, Chief Retail Operations and Talent Officer at Leslie's (LESL), had RSUs vest on 2026-03-14 that converted into 6,428 shares of common stock (5,000 + 1,428). To cover tax withholding, 2,035 shares were withheld (1,583 + 452) at $1.18 per share, totaling $2,401. After withholding, she received a net 4,393 shares.
  • This was a vesting/derivative conversion (code M) with tax-withholding dispositions (code F), not an open-market purchase or sale by choice.

Key Details

  • Transaction date: 2026-03-14. Filing date: 2026-03-17.
  • Conversion (M): 5,000 and 1,428 RSUs converted to shares at $0.00 (total 6,428 shares).
  • Tax withholding (F): 1,583 shares @ $1.18 = $1,868 and 452 shares @ $1.18 = $533 (total $2,401) were withheld/disposed to satisfy tax obligations.
  • Shares owned after the transaction: not specified in the filing.
  • Footnotes: F1 clarifies each RSU equals one share upon vesting. F2 and F3 show these RSUs came from two grants (10,000 and 2,854 total grants) with remaining vesting dates in 2027 and 2028, subject to continued service.

Context

  • This was a routine RSU vesting with shares withheld to cover taxes (a common cashless-withholding practice), not an indicated market-direction trade. Such vesting events are compensation-related, not necessarily a signal of insider sentiment.
  • Transaction codes: M = exercise/conversion of derivative (RSU vesting), F = payment of exercise price or tax liability (share withholding).

Insider Transaction Report

Form 4
Period: 2026-03-14
Cramer Naomi
See Remarks
Transactions
  • Exercise/Conversion

    Common Stock, par value $0.001 per share

    2026-03-14+5,0009,614 total
  • Tax Payment

    Common Stock, par value $0.001 per share

    2026-03-14$1.18/sh1,583$1,8688,031 total
  • Exercise/Conversion

    Common Stock, par value $0.001 per share

    2026-03-14+1,4289,459 total
  • Tax Payment

    Common Stock, par value $0.001 per share

    2026-03-14$1.18/sh452$5339,007 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-03-145,00027,862 total
    Exercise: $0.00Common Stock, par value $0.001 per share (5,000 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-03-141,42826,434 total
    Exercise: $0.00Common Stock, par value $0.001 per share (1,428 underlying)
Footnotes (3)
  • [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 10,000 will vest equally on March 15, 2027 and March 14, 2028, subject to Ms. Cramer's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
  • [F3]Represents a grant of RSUs, of which 2,854 will vest equally on March 15, 2027 and March 14, 2028, subject to Ms. Cramer's continuous employment or service with the Issuer or an affiliate until the applicable vesting date.
Signature
/s/ Benjamin Lindquist, as Attorney-in-Fact for Naomi Cramer|2026-03-17

Documents

1 file
  • 4
    ownership.xmlPrimary

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