Spofford Claire 4

What Happened
Claire Spofford, a director of Leslie's, converted or exercised derivative awards on 2026-03-12. The filing shows 7,281 shares as "acquired" at $0.00 and the same 7,281 shares as "disposed" at $0.00 (both reported under transaction code M). The reported dollar value of the transactions is $0.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-17). The filing appears late (filed after the typical 2-business-day window).
• Transaction type/code: M — exercise or conversion of a derivative (here, RSUs).
• Shares: 7,281 shares acquired and 7,281 shares disposed, price reported $0.00; total reported value $0.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of common stock upon vesting.

Context
This was a conversion/settlement of RSUs rather than an open-market purchase or sale for cash. The paired "acquired" and "disposed" entries at $0 typically reflect conversion/settlement mechanics (e.g., vesting and immediate transfer or net settlement), but the filing does not state the reason for the disposition (such as tax withholding). Because no cash purchase or sale is reported, this is not a direct bullish or bearish trade signal.