POOL CORP
For the period ended Sep 30, 2025. Filed Oct 29, 2025.
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Sep 30, 2025 · Filed Oct 29, 2025
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Item 5. Other Information
Amended and Restated Officer Employment Agreements
Effective on October 27, 2025, the Compensation Committee of the Company’s Board of Directors approved the amendment and restatement of the employment agreements (the Prior Agreements) in place with the Company’s named executive officers (the Amended Agreements). The principal terms of the Amended Agreements are substantially similar to the Prior Agreements but include an additional benefit providing for potential severance benefits in connection with a termination without Cause or with Good Reason within two years following a Change in Control (as such terms are defined in the Amended Agreements). Specifically, in connection with such a termination, (i) Mr. Arvan, the Company’s chief executive officer, will receive his base salary for a period of one hundred four weeks, and each of our other named executive officers will receive his or her base salary for a period of seventy-eight weeks, (ii) the executive will be eligible for certain welfare benefits for a period of eighteen months, and (iii) the executive will receive his or her target bonus for the year of termination. These benefits are conditioned on the executive’s continued compliance with the restrictive covenants set forth in the Amended Agreements. In all other material respects, the Amended Agreements are otherwise substantially similar to the Prior Agreements.
The foregoing description of the Amended Agreements does not purport to be complete and is subject to, and qualified in its entirety by, the description of the Prior Agreements contained in the Company’s full text of the Amended Agreements, a form of which is attached to this Form 10-Q as Exhibit 10.3 and incorporated by reference herein.
Trading Plans
During the quarter ended September 30, 2025, none of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act)adopted orterminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408(a) of Regulation S-K).
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