Form 4: Leslie's Inc. Executive Benjamin Lindquist Reports Stock Transactions
SEC Form 4 Filing
Benjamin Lindquist, SVP, General Counsel and Corporate Secretary of Leslie's, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On January 27, 2025, Benjamin Lindquist, an officer of Leslie's, Inc., reported transactions involving the company's common stock and restricted stock units (RSUs).
- Lindquist acquired 387 shares of common stock through the vesting of RSUs.
- He also disposed of 133 shares of common stock to cover tax obligations at a price of $2.13 per share.
- Following these transactions, Lindquist directly owns 5,223 shares of common stock.
- Lindquist also holds 86,848 restricted stock units.
- 388 RSUs will vest on January 27, 2026, contingent upon continued employment.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It's a factual report.
Future Outlook
The document indicates future vesting of RSUs on January 27, 2026, contingent upon continued employment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It allows investors to monitor insider activity, which can sometimes provide insights into management's view of the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock transactions (acquisition and disposal) and RSU vesting. |
| 01/27/2026 | Vesting date for 388 Restricted Stock Units. |
| 01/28/2025 | Date of signature on the Form 4 filing. |
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