Nagler Lorna 4

What Happened

• Lorna Nagler, a director of Leslie's, converted 7,281 restricted stock units (RSUs) into 7,281 shares on 2026-03-12. The transactions are reported as derivative exercise/conversion (transaction code M) at $0.00 per share (no cash paid). The filing also shows a matching disposition of 7,281 derivative units on the same date.

Key Details

• Transaction date: 2026-03-12; Filing date: 2026-03-17.
• Price: $0.00 per share for both the conversion (acquired) and the matching disposition.
• Shares owned after transaction: not specified in the supplied filing details.
• Footnote: F1 — each RSU represents the contingent right to receive one share of common stock upon vesting.
• Timeliness: The Form 4 was filed five days after the reported transaction date (past the standard 2-business-day reporting window).

Context

• Code M indicates an exercise or conversion of a derivative instrument; here it reflects RSUs vesting/being converted into common stock. The filing shows both acquisition (conversion into shares) and a contemporaneous disposition of derivative units; the document does not state the reason for the disposition (e.g., tax withholding or surrender). This activity is a non-cash vesting/conversion event rather than an open-market buy or sell.