Arvan Peter D 4
Research Summary
AI-generated summary
POOL CEO Peter Arvan Receives 32,304-Share Performance Award
What Happened
Peter Arvan, President and CEO of POOL CORP (POOL), was granted two awards on 2026-02-25 totaling 32,304 shares (10,768 and 21,536). Both grants are recorded at $0.00 per share on the Form 4 (transaction code A) and are performance-based restricted stock that will vest in 2029 if specified performance conditions are satisfied.
Key Details
- Transaction date: 2026-02-25; Filing date: 2026-02-27 (timely filing).
- Grants: 10,768 shares and 21,536 shares; total 32,304 shares; reported price $0.00 per share.
- Footnote: F1 — these are performance-based restricted shares that vest in 2029 only if performance conditions are met.
- Shares owned after the transaction: not specified in the filing.
- Transaction type: Award/Grant (A); not an open-market purchase or sale and not an option exercise.
Context
Performance-based restricted share awards are a common long-term compensation tool for executives and only convert to owned, tradable shares if performance and vesting conditions are satisfied. The Form 4 reports the grant quantity and the $0.00 acquisition price for reporting purposes; any eventual financial value will depend on achievement of targets and POOL’s stock price at vesting.