POOL (NASDAQ: POOL) CFO forfeits 1,400 shares after performance goals missed
Rhea-AI Filing Summary
POOL CORP reported that Senior VP, CFO and Treasurer Melanie M. Hart had 1,400 shares of common stock forfeited on February 19, 2026. The shares were disposed of back to the issuer at a stated price of $0.00 per share after a performance-based award granted on February 22, 2023 failed to meet its performance condition. Following this forfeiture, Hart directly holds 18,327 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,400 shares
Net Sell
1 txn
Insider
HART MELANIE M
Role
Senior VP CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 1,400 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 18,327 shares (Direct)
Footnotes (1)
- F1. On February 19, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the performance condition applicable to performance awards previously granted to the Reporting Person on February 22, 2023 was not met during the applicable performance period, resulting in forfeiture of the award pursuant to its terms.
FAQ
What insider transaction did POOL (POOL) disclose for Melanie M. Hart?
POOL disclosed that Senior VP, CFO and Treasurer Melanie M. Hart had 1,400 common shares forfeited back to the company. The transaction is coded as a disposition to the issuer, reflecting cancellation of a performance-based award rather than an open-market sale.
What role did POOL (POOL)'s Compensation Committee play in this Form 4 event?
The Compensation Committee determined on February 19, 2026 that the performance condition on Hart’s February 22, 2023 performance award was not met. That decision, consistent with the award’s terms, triggered automatic forfeiture and issuer disposition of the 1,400 related shares at no value.
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