{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-221843","form_type":"8-K","ticker":"LESL","cik":"0001821806","company_name":"Leslie's, Inc.","filed_at":"2025-09-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.141584+00:00","generated_at":"2026-05-17T05:26:07.269338+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Leslie's executes 1-for-20 reverse stock split; shares outstanding drop to ~9.3M","bullets":["Reverse stock split effective Sept 26, 2025; adjusted trading begins Sept 29 on Nasdaq under LESL.","Each 20 pre-split shares combined into 1 share; outstanding shares reduced to approx 9,289,790.","Authorized shares reduced to 50,000,000; par value unchanged at $0.001 per share.","No fractional shares issued; aggregated fractional shares sold and proceeds distributed pro rata.","Equity awards under 2020 Omnibus Incentive Plan proportionately adjusted for split."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-221843","json":"https://secwatch.observer/filing/0001193125-25-221843.json","markdown":"https://secwatch.observer/filing/0001193125-25-221843.md","text":"https://secwatch.observer/filing/0001193125-25-221843.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821806/000119312525221843/0001193125-25-221843-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821806/000119312525221843/lesl-20250926.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:26:07.269338+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f56a69cfafeb61ed347a567e3c78b12273de2c87","claim":"Leslie's, Inc.: Filed certificate of amendment to effect a 1-for-20 reverse stock split and proportionately decrease authorized shares of common stock, effective September 26, 2025 (effective 2025-09-26).","evidence_excerpt":"On September 26, 2025, Leslie’s, Inc. (the “Company”) filed a certificate of amendment to the Company’s Seventh Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company’s common stock at a ratio of 1-for-20 (the “Reverse Stock Split”) and proportionately decrease the number of authorized shares of the Company’s common stock, which became effective upon filing (the “Effective Time”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000119312525221843/0001193125-25-221843-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-09-26"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}