Pool Corp details CEO separation terms in 8-K/A
Pool Corporation filed an amendment to detail the separation agreement with former President and CEO Peter D. Arvan, who resigned effective May 4, 2026.
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Rhea-AI Filing Summary
Pool Corporation filed an amendment to detail the separation agreement with former President and CEO Peter D. Arvan, who resigned effective May 4, 2026. Under the agreement, he will receive base salary continuation for 54 weeks and reimbursement of health insurance premiums for twelve months.
Mr. Arvan remains eligible to continue vesting up to 55,156 performance-based restricted stock awards, subject to achieving performance goals, and up to 21,870 time-based restricted stock awards, provided he complies with non-competition and other separation terms. The agreement includes a general release of claims, confidentiality, non-disparagement, and is subject to the company’s compensation clawback policy.
8-K Event Classification
Key Figures
Key Terms
Separation Agreement and General Release financial
performance-based restricted stock awards financial
non-competition requirements financial
non-disparagement provisions financial
compensation Clawback Policy financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Pool Corporation (POOL) disclose in this 8-K/A amendment?
What severance will former CEO Peter D. Arvan receive from Pool Corporation (POOL)?
How are Pool Corporation (POOL) equity awards treated in Peter D. Arvan’s separation?
What conditions must Peter D. Arvan meet to receive Pool Corporation (POOL) severance benefits?
Does Pool Corporation (POOL) apply its clawback policy to payments under this separation agreement?
Where can investors find the full Pool Corporation (POOL) separation agreement with Peter D. Arvan?
AI-generated analysis. How Rhea-AI works. Not financial advice.