Executive at POOL (POOL) forfeits 1,680 shares after missing performance goals
Rhea-AI Filing Summary
POOL CORP Senior Vice President forfeits performance shares after targets were not met. On February 19, 2026, Kenneth G. St Romain had 1,680 shares of common stock disposed to the issuer at a price of $0.00 per share. A board committee determined that the performance condition for awards granted on February 22, 2023 was not achieved for the applicable period, so the award was forfeited under its terms. Following this non-cash forfeiture, St Romain directly holds 77,631 shares of POOL CORP common stock.
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Insider Trade Summary
Net Seller: 1,680 shares
Net Sell
1 txn
Insider
St Romain Kenneth G
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 1,680 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 77,631 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) report for Kenneth G. St Romain?
POOL CORP reported that Senior Vice President Kenneth G. St Romain had 1,680 common shares disposed to the issuer. The shares related to a performance award that did not meet its performance condition and were forfeited at no cash value.
Was the POOL (POOL) insider transaction an open market sale?
No, the transaction was a disposition to the issuer at a price of $0.00 per share. It reflects forfeiture of unearned performance-based awards, not an open market sale of existing shares into the public market.
What award was affected in the POOL (POOL) Form 4 filing?
The affected award is a performance-based grant originally issued on February 22, 2023. Because the applicable performance condition was not satisfied during the performance period, the award’s 1,680 shares were forfeited according to its predefined terms.
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