Form 4: Leslie's Inc. Officer LaBode Reports Stock Transactions
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, 2025, Moyo LaBode acquired 11,596 shares of common stock at $0.00 per share and disposed of 2,952 shares at $0.91 per share.
- Following these transactions, LaBode directly owns 88,175 shares of Leslie's Inc. common stock.
- LaBode also acquired 11,596 Restricted Stock Units (RSUs) which convert to common stock.
- After the reported transaction, LaBode directly owns 144,067 derivative securities.
- 23,191 RSUs will vest in equal installments on May 18, 2026, and May 18, 2027, contingent upon continued employment.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock transactions by an officer.
Future Outlook
Vesting of 23,191 RSUs in equal installments on May 18, 2026, and May 18, 2027, contingent upon continued employment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company officers.
Stakeholder Impact
- Shareholders are informed about the insider trading activities of a key officer.
- The transactions may have a minor impact on the stock price due to the relatively small volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/18/2025 | Date of earliest transaction: Acquisition of 11,596 shares and 11,596 RSUs. |
| 05/18/2025 | Restricted Stock Units were granted. |
| 05/19/2025 | Disposal of 2,952 shares of common stock. |
| 05/20/2025 | Date of signature for the Form 4 filing. |
| 05/18/2026 | First vesting date for half of the 23,191 RSUs. |
| 05/18/2027 | Second vesting date for the remaining half of the 23,191 RSUs. |
Keywords
Form 4, insider trading, stock transaction, Restricted Stock Units, LESL, Leslie's Inc., Moyo LaBode
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