POOL · Pool Corporation

The departure of Pool Corporation's President and CEO Peter D. Arvan on May 4, 2026, via mutual agreement, prompts investor focus on leadership transition stability and the generous severance package outlined in the Separation Agreement filed as Exhibit 10.1. Key compensation includes a substantial $910,000 in continued base salary payments over 52 weeks (totaling 54 weeks with a $35,000 notice-period lump sum), plus $64,960 for accrued PTO, reflecting a significant post-termination commitment. Health benefits extend to 12 months of premium reimbursements, conditional on no alternative coverage. Notably, up to 55,156 shares of performance-based restricted stock from grants dated 2022-2026 and 21,870 restricted stock shares from 2024-2026 remain eligible for vesting on original schedules, provided performance metrics are achieved and Mr. Arvan adheres to non-competition restrictions against Pool's core wholesale distribution business in pools, spas, and outdoor products. Breach triggers immediate forfeiture. The agreement features a broad release of claims by Arvan, mutual non-disparagement, confidentiality, and enforceability under Pool's clawback policy, underscoring risk mitigation for the company amid this top executive exit.