Form 4: POOL CORP SVP Acquires Performance-Based Restricted Stock

POOL CORP Senior Vice President Kenneth G. St. Romain acquired 9,780 shares of performance-based restricted stock, increasing his beneficial ownership.

Summary

• Kenneth G. St. Romain, Senior Vice President of POOL CORP, acquired a total of 9,780 shares of common stock on February 25, 2026.
• The acquisition consisted of two grants: 3,260 shares and 6,520 shares, both at a price of $0 per share.
• These shares represent performance-based restricted stock that are subject to vesting in 2029, contingent upon the satisfaction of specific performance conditions.
• Following these transactions, Mr. St. Romain's direct beneficial ownership in POOL CORP common stock increased to 92,258 shares.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, reflecting standard executive compensation practices that align management incentives with long-term company performance and shareholder interests.

Positives

• The acquisition of performance-based restricted stock aligns management's interests with long-term shareholder value creation.
• Increased beneficial ownership by a Senior Vice President demonstrates confidence in the company's future performance.

Future Outlook

The filing indicates a future vesting event in 2029 for the performance-based restricted stock, contingent on certain performance conditions being met, suggesting a long-term incentive structure for the Senior Vice President.

Industry Context

StockSavvy.ai notes that grants of performance-based restricted stock are a common practice in executive compensation across various industries, including the distribution sector where POOL CORP operates. This mechanism is designed to incentivize long-term performance and align executive interests with shareholder returns, a standard approach seen in companies like ABC Supply Co. Inc. or Beacon Roofing Supply, Inc., though specific performance metrics would vary.

Comparison to Industry Standards

• The use of performance-based restricted stock for executive compensation is a standard practice across publicly traded companies, aligning with global benchmarks for corporate governance and incentive structures.
• The grant of shares with a multi-year vesting period (until 2029) is consistent with long-term incentive plans designed to retain key executives and motivate sustained company performance, comparable to practices at large distributors such as Ferguson plc or W.W. Grainger, Inc.

Stakeholder Impact

• Shareholders: The grant of performance-based restricted stock aims to align the Senior Vice President's interests with long-term shareholder value creation, potentially leading to improved company performance.
• Employees: This transaction is specific to executive compensation and does not directly impact the broader employee base, though it reflects the company's overall compensation philosophy for leadership.

Next Steps

• The performance-based restricted stock will vest in 2029, provided certain performance conditions are satisfied.

Key Dates

Keywords

POOL CORP, POOL, Insider Transaction, Form 4, Restricted Stock, Performance-Based Equity, Executive Compensation, Beneficial Ownership