Form 4: Susan O'Farrell Reports Changes in Beneficial Ownership of Leslie's, Inc. Stock
SEC Form 4 Filing
Director Susan O'Farrell reports the vesting and disposal of restricted stock units (RSUs) and the grant of additional RSUs in Leslie's, Inc.
Summary
- On March 14, 2024, Susan O'Farrell, a director of Leslie's, Inc., reported changes in her beneficial ownership of the company's stock.
- She disposed of 10,357 shares of common stock upon the vesting of 10,357 restricted stock units (RSUs).
- O'Farrell also received a grant of 18,248 RSUs, which will vest on the earlier of March 13, 2025, or the day before the company's 2025 annual meeting, contingent upon her continued service on the board.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The vesting of the newly granted RSUs is contingent upon Ms. O'Farrell's continued service as a member of the Board until the Vesting Date.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Transaction date: Disposal of shares upon RSU vesting and grant of new RSUs. |
| 03/13/2025 | Potential vesting date for new RSUs. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.