Form 4: Leslie's Inc. Director Jonathan S. Estep Reports Changes in Beneficial Ownership

Director Jonathan S. Estep reports transactions involving Leslie's, Inc. common stock and restricted stock units.

Summary

• On March 11, 2025, Director Jonathan S. Estep executed transactions involving Leslie's, Inc. securities.
• Estep disposed of 18,248 shares of common stock.
• Estep also acquired 145,620 restricted stock units (RSUs) on March 12, 2025.
• These RSUs will vest on the earlier of March 12, 2026, or the day before the company's 2026 annual meeting, contingent upon continued service on the board.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The grant of 145,620 RSUs to Mr. Estep could be seen as an incentive for him to remain on the board and contribute to the company's success.

Future Outlook

The vesting of the RSUs is contingent upon Mr. Estep's continued service as a member of the Board until the Vesting Date, indicating an expectation of his continued involvement with the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• Shareholders can use this information to understand the actions of company insiders and their alignment with shareholder interests.

Key Dates