Nagler Lorna 4
4 · Leslie's, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Leslie's (LESL) Director Lorna Nagler Receives 4,500 RSUs
What Happened Lorna Nagler, a director of Leslie's, Inc. (LESL), was reported as acquiring 4,500 shares via conversion/award of a derivative security on 2026-03-24. The transaction shows 4,500 shares acquired at $0.00 (derivative). Footnotes state these are Restricted Stock Units (RSUs) — each RSU converts to one share upon vesting — and the RSUs vest on the earlier of March 24, 2027 or the day before the 2027 annual meeting, subject to her continued board service.
Key Details
- Transaction date: 2026-03-24; Form 4 filed 2026-03-26 (timely filing).
- Transaction type/code: Exercise/conversion of derivative (reported as "M"); 4,500 RSUs acquired at $0.00 per share.
- Vesting: RSUs vest on earlier of (a) March 24, 2027 or (b) the day prior to the 2027 annual meeting, contingent on continued board service (per footnotes).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 = each RSU converts to one common share on vesting. F2 = grant of 4,500 RSUs with the vesting schedule above.
- Not a sale or cash transaction — this is a compensation/award-style grant, not an open-market purchase.
Context This filing reflects a common director compensation event (RSU grant) rather than an outright purchase or sale. RSU grants are future-contingent awards that generally align director interests with shareholders but do not represent immediately tradable stock until vesting and conversion. No immediate sale or cashless exercise was reported.
Insider Transaction Report
- Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-24+4,500→ 4,500 totalExercise: $0.00→ Common Stock, par $0.001 value (4,500 underlying)
Footnotes (2)
- [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 4,500 RSUs which will vest on the earlier of (a) March 24, 2027 or (b) the day prior to the Company's Annual Meeting of Shareholders held in 2027 (the earlier of (a) and (b) referred to as the "Vesting Date"), subject to Ms. Nagler's continuous service as a member of the Board until the Vesting Date.