Form 4: POOL Corp. SVP Disposes Shares for Tax Obligations
Insider Transaction Disclosure
POOL Corp. Senior Vice President Kenneth G St Romain reported the disposition of 367 common shares to satisfy tax withholding obligations.
Summary
- Kenneth G St Romain, Senior Vice President of POOL Corp. (POOL), reported a transaction on February 24, 2026.
- The transaction involved the disposition of 367 shares of Common Stock.
- The shares were disposed of at a price of $217.26 per share.
- This disposition was made to the issuer to satisfy tax withholding obligations, indicated by transaction code 'F'.
- Following this transaction, Kenneth G St Romain beneficially owns 82,478 shares of Common Stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged contract or instruction for the sale of equity securities.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. A Form 4 reporting a disposition of shares solely for tax withholding purposes, especially under a 10b5-1 plan, is a routine administrative event and does not typically indicate a change in company fundamentals or insider sentiment.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that Form 4 filings detailing dispositions for tax withholding are routine for executives receiving equity compensation. Such transactions are common across industries and typically do not reflect a change in management's sentiment towards the company's prospects, especially when executed under a Rule 10b5-1 plan.
Comparison to Industry Standards
- The disposition of shares to cover tax obligations is a standard practice for executives across publicly traded companies, aligning with typical equity compensation structures.
- The volume of shares (367) relative to the total beneficial ownership (82,478) is a small percentage, consistent with routine tax-related transactions rather than a significant divestment.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in the insider's view of the company's value.
- Employees, Customers, Suppliers, Creditors: No discernible direct impact from this specific insider transaction.
Key Dates
| Date | Description |
|---|---|
| 02/24/2026 | Date of transaction where 367 shares were disposed of. |
| 02/26/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed and filed. |
Recommendation
holdA 'hold' recommendation is appropriate as this Form 4 filing details a routine, non-discretionary disposition of shares by a Senior Vice President to satisfy tax withholding obligations, executed under a pre-arranged 10b5-1 plan. This type of transaction does not reflect a change in the company's operational performance, strategic direction, or the insider's long-term confidence, thus providing no new fundamental reason to alter an investment position.
Keywords
POOL Corp, POOL, insider trading, Form 4, stock disposition, tax withholding, Kenneth G St Romain, Rule 10b5-1
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.