HART MELANIE M 4

What Happened

• Melanie M. Hart, Senior Vice President, Chief Financial Officer and Treasurer of POOL CORP (POOL), exercised 2,750 stock options on 2026-02-24 at an exercise price of $80.78 per share (total exercise cost $222,145).
• On the same day she sold 2,750 shares in an open-market transaction at $220.00 per share for gross proceeds of $605,000. Additionally, 216 shares were surrendered/withheld to cover tax liabilities valued at $217.26 per share (approx. $46,928).
• The Form 4 also lists a derivative disposition of 2,750 shares at $0, consistent with the option conversion/exercise reporting. The sequence indicates the options were exercised and shares were immediately sold (a cashless/covering transaction).

Key Details

• Transaction date: February 24, 2026.
• Exercise: 2,750 shares @ $80.78 (cost $222,145). Sale: 2,750 shares @ $220.00 (proceeds $605,000). Tax withholding: 216 shares @ $217.26 (value ~$46,928).
• Footnote: F1 — The option vests 50% at 3 years from grant date and the remaining 50% at 5 years.
• Shares owned after the transactions: Not specified in the provided filing details.
• No late-filing flag was provided in the supplied data.

Context

• This appears to be an option exercise followed by immediate share sales to realize gains and cover exercise/tax costs (a common, routine practice by insiders). Such sales are not, by themselves, a clear signal of sentiment; they often reflect routine option exercises or tax withholding.