Watwood John Bruce 4

What Happened
John Watwood, President and CEO of POOL CORP, was granted performance-based restricted stock on May 4, 2026. The filing shows two awards: 4,305 shares and 8,610 shares (total 12,915 shares) acquired at $0.00 (award/grant). These were reported on a Form 4 filed May 5, 2026. This is an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-05.
• Awards: 4,305 shares and 8,610 shares; total = 12,915 shares; acquisition price reported = $0.00.
• Footnote F1: These shares are performance-based restricted stock and will vest in 2029 only if specified performance conditions are met.
• Shares owned after the transaction: not specified in the provided filing.
• Transaction type: Award/grant (code A); not a sale or market purchase.

Context
Performance-based restricted stock is a common long-term incentive for executives: the shares are granted now but typically do not convert to tradable stock unless performance hurdles and/or time-based vesting conditions are satisfied (here, vesting is contingent on 2029 performance). Such awards align executive pay with long-term company targets and are not the same as a purchase that signals immediate personal investment.