POOL CORP 8-K/A

What Happened Pool Corporation (POOL) filed Amendment No. 1 to its Form 8-K to disclose the separation agreement for Peter D. Arvan, who mutually agreed with the company to cease serving as President and Chief Executive Officer effective May 4, 2026. The Separation Agreement is dated May 8, 2026 and supplements the Original Form 8-K filed May 4, 2026.

Key Details

• Effective date of CEO departure: May 4, 2026.
• Separation Agreement date: May 8, 2026 (filed as Exhibit 10.1).
• Cash/severance: continuation of Mr. Arvan’s base salary for 54 weeks after termination (amount not disclosed).
• Benefits: reimbursement of health insurance premiums for 12 months.
• Equity: eligibility to continue vesting of up to 55,156 performance-based restricted stock awards (subject to achievement of applicable performance goals) and up to 21,870 restricted stock awards, conditioned on compliance with the Separation Agreement and non-competition terms.
• Conditions and protections: severance and benefits require execution of a general release and continued compliance with post-termination obligations; agreement contains non-competition, confidentiality, and non-disparagement provisions; certain payments are subject to recovery under the company’s Clawback Policy and specified events.

Why It Matters This disclosure provides concrete terms of the CEO transition and the potential near-term compensation and equity outcomes tied to Mr. Arvan’s departure. For investors, the items to watch are (1) the cash flow impact from the salary continuation and benefits (timing and total dollar amount not disclosed), (2) whether the performance-based equity actually vests (it remains subject to performance conditions), and (3) any governance or succession developments the company announces following the CEO change. The amendment simply supplies the separation agreement details and does not update other items from the original 8-K.