Leslie's (LESL) director Yolanda Daniel awarded 4,500 RSUs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leslie's, Inc. director Yolanda Daniel reported an acquisition of derivative securities through a grant of 4,500 Restricted Stock Units (RSUs). Each RSU represents the right to receive one share of common stock upon vesting. These 4,500 RSUs will vest on the earlier of March 24, 2027 or the day prior to the company’s 2027 annual shareholder meeting, provided she continues serving on the board until that vesting date. Following this grant, her directly held RSU balance reported in this filing is 4,500 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,500 shares exercised/converted
Mixed
1 txn
Insider
Daniel Yolanda
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 4,500 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's Common Stock. Represents a grant of 4,500 RSUs which will vest on the earlier of (a) March 24, 2027 or (b) the day prior to the Company's Annual Meeting of Shareholders held in 2027 (the earlier of (a) and (b) referred to as the "Vesting Date"), subject to Ms. Daniel's continuous service as a member of the Board until the Vesting Date.
FAQ
What insider transaction did Leslie's (LESL) director Yolanda Daniel report?
Director Yolanda Daniel reported acquiring 4,500 Restricted Stock Units (RSUs). These RSUs are a form of stock-based compensation that can convert into common shares if specific vesting conditions tied to her board service are satisfied.
How many Restricted Stock Units did Yolanda Daniel receive from Leslie's (LESL)?
She received 4,500 Restricted Stock Units. Each RSU represents a contingent right to one share of Leslie’s common stock, deliverable only if the RSUs vest under the specified time and continuous-service conditions described in the disclosure.
When do Yolanda Daniel’s 4,500 Leslie's (LESL) RSUs vest?
The 4,500 RSUs vest on the earlier of March 24, 2027 or the day before Leslie’s 2027 annual shareholder meeting. Vesting is conditioned on her continuous service as a board member through that vesting date without interruption.
What does each Leslie's (LESL) RSU granted to Yolanda Daniel represent?
Each RSU represents a contingent right to receive one share of Leslie’s common stock upon vesting. Until vesting, RSUs are derivative awards, not actual shares, and they are subject to service-based vesting requirements.
Did the Leslie's (LESL) Form 4 show any stock sales by Yolanda Daniel?
The Form 4 shows an acquisition of 4,500 RSUs and no reported sales. The transaction code reflects a derivative exercise/conversion-type acquisition, and the summary data indicates no sell transactions or tax-withholding dispositions in this filing.
What is Yolanda Daniel’s RSU position in Leslie's (LESL) after this grant?
After this grant, the filing shows she directly holds 4,500 Restricted Stock Units. These units may settle into shares of common stock if they vest according to the time-based and service-related conditions outlined in the award terms.