Hartmann John R. 4

What Happened John R. Hartmann, a director of Leslie's, Inc. (LESL), is reported to have acquired 4,500 shares through a derivative transaction recorded at $0.00. The filing shows these units as Restricted Stock Units (RSUs) — each RSU represents the right to receive one share upon vesting — so no cash was paid and no immediate sale occurred.

Key Details

• Transaction date: 2026-03-24; Filing date: 2026-03-26 (appears timely under Form 4 rules).
• Transaction type/code: M — exercise or conversion of a derivative; reported as 4,500 shares acquired at $0.00 (total $0).
• Post-transaction shares owned: Not specified in the provided filing details.
• 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 Company's 2027 annual meeting, subject to Mr. Hartmann’s continuous service on the board until the vesting date.
• No indication of a cashless sale or disposition in this filing.

Context This is an award-style acquisition (RSUs) rather than an open-market purchase or sale. RSU grants are contingent on future vesting and service conditions, so they do not represent immediate purchases of freely tradable shares. Such awards are common for directors as compensation and should be interpreted as compensation-related, not a direct market stance.