Pool Corp Files Definitive Proxy Statement for 2024

Ticker: POOL · Form: DEF 14A · Filed: Mar 28, 2024 · CIK: 945841

Pool CORP DEF 14A Filing Summary
FieldDetail
CompanyPool CORP (POOL)
Form TypeDEF 14A
Filed DateMar 28, 2024
Risk Levellow
Pages16
Reading Time19 min
Key Dollar Amounts$0.001
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, Pool Corp, Executive Compensation, Equity Awards

TL;DR

<b>Pool Corp has submitted its 2024 Definitive Proxy Statement detailing the fiscal year 2023 performance and executive compensation.</b>

AI Summary

POOL CORP (POOL) filed a Proxy Statement (DEF 14A) with the SEC on March 28, 2024. Pool Corp filed its Definitive Proxy Statement (DEF 14A) on March 28, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 109 Northpark Blvd, 4th Floor, Covington, LA 70433-5001. Pool Corp was formerly known as SCP Pool Corp, with a name change date of May 26, 1995. The filing includes details on equity awards for both PEO (Principal Executive Officer) and Non-PEO members for the fiscal years 2020-2023.

Why It Matters

For investors and stakeholders tracking POOL CORP, this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information regarding the company's governance, executive compensation, and voting matters for the upcoming annual meeting. Shareholders can review details on equity awards granted and vested over the past few fiscal years, offering insight into executive incentives and performance alignment.

Risk Assessment

Risk Level: low — POOL CORP shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures without immediate financial performance indicators or significant strategic shifts.

Analyst Insight

Review the executive compensation details and equity award grants to understand management's incentives and potential future performance drivers.

Key Numbers

Key Players & Entities

FAQ

When did POOL CORP file this DEF 14A?

POOL CORP filed this Proxy Statement (DEF 14A) with the SEC on March 28, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by POOL CORP (POOL).

Where can I read the original DEF 14A filing from POOL CORP?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by POOL CORP.

What are the key takeaways from POOL CORP's DEF 14A?

POOL CORP filed this DEF 14A on March 28, 2024. Key takeaways: Pool Corp filed its Definitive Proxy Statement (DEF 14A) on March 28, 2024.. The filing covers the fiscal year ending December 31, 2023.. The company's principal executive offices are located at 109 Northpark Blvd, 4th Floor, Covington, LA 70433-5001..

Is POOL CORP a risky investment based on this filing?

Based on this DEF 14A, POOL CORP presents a relatively low-risk profile. The filing is a routine DEF 14A, providing standard disclosures without immediate financial performance indicators or significant strategic shifts.

What should investors do after reading POOL CORP's DEF 14A?

Review the executive compensation details and equity award grants to understand management's incentives and potential future performance drivers. The overall sentiment from this filing is neutral.

How does POOL CORP compare to its industry peers?

Pool Corp operates in the wholesale distribution of swimming pool, backyard, and related products. The company serves a broad range of customers including pool builders, remodelers, service companies, and retailers.

Are there regulatory concerns for POOL CORP?

As a publicly traded company, Pool Corp is subject to SEC regulations, including the requirement to file a Definitive Proxy Statement (DEF 14A) annually to provide shareholders with information for voting at the annual meeting.

Industry Context

Pool Corp operates in the wholesale distribution of swimming pool, backyard, and related products. The company serves a broad range of customers including pool builders, remodelers, service companies, and retailers.

Regulatory Implications

As a publicly traded company, Pool Corp is subject to SEC regulations, including the requirement to file a Definitive Proxy Statement (DEF 14A) annually to provide shareholders with information for voting at the annual meeting.

What Investors Should Do

  1. Analyze the detailed breakdown of executive compensation for named executive officers.
  2. Examine the equity awards granted, vested, and unvested for PEO and Non-PEO members across fiscal years 2020-2023.
  3. Review any proposals presented to shareholders for voting at the upcoming annual meeting.

Year-Over-Year Comparison

This is the initial filing of the 2024 proxy statement, providing information for the fiscal year ending December 31, 2023.

Filing Stats: 4,793 words · 19 min read · ~16 pages · Grade level 12 · Accepted 2024-03-28 10:22:03

Key Financial Figures

Filing Documents

Executive Compensation

Executive Compensation 35 Pay Versus Performance 43 Director Compensation 46 Certain Relationships and Related Transactions 47 Report of the Audit Committee 48 Proposal to Ratify the Retention of Independent Registered Public Accounting Firm (Proposal 2) 49 Advisory Vote to Approve Named Executive Officer Compensation (Proposal 3) 50 Stockholder Proposals and Board Nominations 51 We include website addresses throughout this Proxy Statement for reference only. The information contained or referenced on our website and other websites mentioned in this Proxy Statement are not a part of this Proxy Statement and are not deemed incorporated by reference into this Proxy Statement or any other public filing made with the Securities and Exchange Commission (SEC). Except for historical and factual information contained herein, matters set forth in our 2024 proxy materials identified by words such as "expects," "believes," "will" and similar expressions are forward-looking statements as defined by the federal securities laws and are subject to the "safe harbor" protection thereunder. Actual events and results may differ materially from those anticipated by us in those statements due to several factors, including those disclosed in our other filings with the SEC. We may change our intentions or plans discussed in our forward-looking statements without notice at any time and for any reason. POOL CORPORATION 109 Northpark Boulevard Covington, Louisiana 70433 PROXY STATEMENT Frequently Asked Questions Regarding Attendance and Voting Q: Why did I receive this proxy statement? A: We are sending this proxy statement to you because our Board of Directors (the Board) is soliciting your proxy to vote your shares at our 2024 annual meeting of stockholders (the Annual Meeting). This proxy statement summarizes information you need to vote at the Annual Meeting to be held on Wednesday, May 1, 2024, at 9:00 a.m. Eastern Time via live webcast on the intern

: Gender Identity

Part I: Gender Identity Directors 2 7 — —

: Demographic Background

Part II: Demographic Background Number of Directors Who Identify in Any of the Categories Below: African American or Black — — — — Alaskan Native or Native American — — — — Asian — — — — Hispanic or Latinx — 2 — — Native Hawaiian or Pacific Islander — — — — White 2 5 — — Two or More Races or Ethnicities — — — — LGBTQ+ — Did Not Disclose Demographic Background — Information about our Director Nominees Below is biographical information about each of our director nominees, including information regarding tenure as a director, business experience and qualifications, education and other company directorships. The summaries are not comprehensive, but describe the primary experiences, attributes and skills that led the Nominating and Corporate Governance Committee and our Board to nominate these individuals to serve as directors of our Company. In addition to the qualifications referred to below, we believe each of our directors has a reputation for demonstrating integrity, honesty, high ethical standards and sound business judgment. 6 Business experience: Mr. Arvan has served as our president and chief executive officer since January 2019. He served as our executive vice president from January 2017 to January 2019 and as our chief operating officer from August 2017 to January 2019. Prior to joining Pool Corporation, Mr. Arvan served as chief executive officer of Roofing Supply Group from 2013 to 2015 and as president of GE/SABIC Polymershapes from 2004 to 2013. Other qualifications: Mr. Arvan graduated cum laude from the State University of New York at Utica with a Bachelor of Professional Studies in Business Administration. Among other qualifications, Mr. Arvan brings to the Board senior leadership experience, strong operating expertise and marketing and strategic planning knowledge. Peter D. Arvan Age: 58 Director since: 2019 Areas of expertise include: Management Strategic planning Marketing Operations Industry Knowledge Business ex

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