LESL.NASDAQLeslie's, INC

Form 4: Leslie's Inc. Officer LaBode Moyo Reports Stock Transactions

Sentiment:

SEC Form 4


Moyo LaBode, Chief Merchandising & Supply Chain Officer of Leslie's, Inc., reports acquisition and disposal of common stock and restricted stock units.

Summary

  • On May 18, 2024, Moyo LaBode acquired 11,596 shares of common stock at $0 per share.
  • These shares were acquired through the vesting of Restricted Stock Units (RSUs).
  • On May 20, 2024, LaBode disposed of 2,952 shares of common stock at a price of $5.06 per share.
  • Following these transactions, LaBode directly owns 55,537 shares of common stock.
  • LaBode also holds 106,139 derivative securities in the form of Restricted Stock Units (RSUs).
  • 34,787 RSUs will vest in equal installments on May 18, 2025, May 18, 2026, and May 18, 2027, subject to continued employment.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The remaining 34,787 RSUs will vest in equal installments on May 18, 2025, May 18, 2026, and May 18, 2027, subject to Mr. LaBode's continuous employment or service with the Issuer or an affiliate until the applicable vesting date

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company officers. It is a standard practice for publicly traded companies.

Key Dates

DateDescription
05/18/2024Acquisition of 11,596 shares of common stock through RSU vesting.
05/18/2025First vesting installment of remaining RSUs.
05/18/2026Second vesting installment of remaining RSUs.
05/18/2027Final vesting installment of remaining RSUs.
05/20/2024Disposal of 2,952 shares of common stock at $5.06 per share.
05/21/2024Date of Form 4 filing.

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