Daniel Yolanda 4

What Happened

• Daniel Yolanda, a director of Leslie's, Inc. (LESL), acquired 4,500 derivative units on March 24, 2026. The Form 4 reports an exercise/conversion (transaction code M) for 4,500 shares at $0.00, so no cash was paid on the reported date. The filing indicates these represent Restricted Stock Units (RSUs) that are the contingent right to receive one share per RSU upon vesting.

Key Details

• Transaction date: 2026-03-24; Form 4 filed: 2026-03-26 (timely filing).
• Reported acquisition: 4,500 RSUs / derivative shares at $0.00 (no cash paid on grant/conversion).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each RSU converts to one share upon vesting; F2 — the 4,500 RSUs will vest on the earlier of (a) March 24, 2027 or (b) the day before the 2027 annual meeting, subject to Ms. Yolanda’s continuous board service.
• Filing timeliness: appears timely (filed within two business days of the transaction).

Context

• This was an equity compensation grant/RSU conversion, not an open-market purchase or sale, so it reflects compensation rather than an immediate buying or selling decision. The RSUs only become actual shares if and when they vest per the stated conditions; no immediate sale or cashless exercise was reported.