Form 4: Leslie's Inc. Executive LaBode Reports Stock Transactions
SEC Form 4 Filing
Moyo LaBode, Chief Merchandising & Supply Chain Officer at Leslie's, Inc., reports the vesting and disposal of restricted stock units and shares to cover tax obligations.
Summary
- On January 27, 2025, Moyo LaBode, Chief Merchandising & Supply Chain Officer of Leslie's, Inc., had a transaction involving common stock.
- 5,814 Restricted Stock Units (RSUs) vested, converting into common stock.
- Simultaneously, 1,841 shares were disposed of at a price of $2.13 to satisfy tax obligations.
- Following these transactions, LaBode directly owns 68,425 shares of common stock and 171,913 Restricted Stock Units.
- The RSUs vest subject to continuous employment with Leslie's, Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices; it doesn't inherently indicate positive or negative sentiment.
Future Outlook
The vesting of the remaining RSUs is contingent upon Mr. LaBode's continued employment with Leslie's, Inc.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the buying and selling activity of individuals with access to non-public information.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of the reported transactions: vesting of RSUs and disposal of shares. |
| 01/28/2025 | Date of signature by Attorney-in-fact. |
| 01/27/2026 | Date on which 5,814 RSUs will vest. |
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