HART MELANIE M 4
Research Summary
AI-generated summary
POOL CORP (POOL) CFO Melanie M. Hart Receives 8,556-Share Award
What Happened
- Melanie M. Hart, Senior Vice President, Chief Financial Officer and Treasurer of POOL CORP (POOL), received two grants of restricted stock on February 25, 2026 totaling 8,556 shares (2,852 and 5,704 shares). Each grant is reported at a $0.00 acquisition price on the Form 4 because these are restricted stock awards issued as compensation rather than an open‑market purchase. No cash changed hands in the filing.
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-27 (appears timely; Form 4 is generally due within two business days).
- Reported price: $0.00 per share (restricted stock award).
- Total shares granted: 8,556 (2,852 + 5,704).
- Shares owned after transaction: not specified in the filing.
- Footnote: These are performance-based restricted stock awards that will vest in 2029 only if certain performance conditions are satisfied.
Context
- This was an award/grant as part of executive compensation—not an open-market purchase or sale. Such grants are routine compensation and do not, by themselves, signal the insider buying or selling the stock.
- The awards are subject to multi-year performance vesting, so they only convert into unrestricted shares if POOL meets the specified goals by 2029.