4//SEC Filing
Bradbury Robyn L 4
Accession 0001856525-25-000143
CIK 0001856525other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 6:50 PM ET
Size
23.0 KB
Accession
0001856525-25-000143
Insider Transaction Report
Form 4
Bradbury Robyn L
Chief Financial Officer
Transactions
- Other
Class A Common Stock
2025-07-01−43→ 22 total(indirect: By LLC) - Other
Class B Common Stock and Limited Partnership Interests
2025-07-01−24,957→ 162,447 total(indirect: By LLC)→ Class A Common Stock (24,957 underlying) - Other
Class B Common Stock and Limited Partnership Interests
2025-07-01+24,957→ 24,957 total→ Class A Common Stock (24,957 underlying) - Conversion
Class B Common Stock and Limited Partnership Interests
2025-07-01−24,957→ 0 total→ Class A Common Stock (24,957 underlying) - Other
Class A Common Stock
2025-07-01+43→ 8,598 total - Conversion
Class A Common Stock
2025-07-01+24,957→ 33,555 total - Sale
Class A Common Stock
2025-07-01$59.97/sh−13,363$801,323→ 20,192 total - Sale
Class A Common Stock
2025-07-01$61.58/sh−319$19,643→ 8,555 total - Sale
Class A Common Stock
2025-07-01$61.08/sh−11,318$691,317→ 8,874 total
Footnotes (10)
- [F1]On July 1, 2025, pursuant to the terms of the Fourth Amended and Restated LLC Agreement of Core & Main Management Feeder, LLC ("Management Feeder"), dated as of February 13, 2024 (as amended, the "LLC Agreement"), 43 vested common units ("Units") held directly by the reporting person were redeemed at the discretion of the reporting person for 43 shares of Class A common stock of the Issuer ("Class A common stock").
- [F10]Pursuant to the terms of the Exchange Agreement, Paired Interests are exchangeable at the discretion of the reporting person for shares of Class A common stock on a one-for-one basis or, at the election of a majority of the disinterested members of the Issuer's board of directors, for cash from a substantially concurrent public offering or private sale (based on the price of Class A common stock sold in such public offering or private sale, net of any underwriting discounts and commissions, for each limited partnership interest exchanged, subject to certain exceptions, conditions and adjustments). The Class B common stock and limited partnership interests have no expiration date.
- [F2]Represents securities held by Management Feeder in respect of Units directly held by the reporting person. Pursuant to the LLC Agreement, such vested Units held by the reporting person are redeemable at the discretion of the reporting person for shares of Class A common stock, on a one-for-one basis.
- [F3]On July 1, 2025, pursuant to the terms of an exchange agreement, dated as of July 22, 2021 (as amended, the "Exchange Agreement"), 24,957 shares of Class B common stock of the Issuer ("Class B common stock") and limited partnership interests of Core & Main Holdings, LP (together, a "Paired Interest") were exchanged for shares of Class A common stock, on a one-for-one basis.
- [F4]On July 1, 2025, pursuant to the terms of the LLC Agreement, 24,957 vested Units held directly by the reporting person were redeemed at the discretion of the reporting person for 24,957 Paired Interests.
- [F5]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 1, 2025.
- [F6]The price reported represents the weighted average price of shares of Class A common stock sold in multiple transactions at prices ranging from $59.5000 to $60.4900 per share. The reporting person will provide to the Issuer, or the Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- [F7]The price reported represents the weighted average price of shares of Class A common stock sold in multiple transactions at prices ranging from $60.5100 to $61.4921 per share. The reporting person will provide to the Issuer, or the Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- [F8]The price reported represents the weighted average price of shares of Class A common stock sold in multiple transactions at prices ranging from $61.5526 to $61.5939 per share. The reporting person will provide to the Issuer, or the Securities and Exchange Commission staff, upon request, information regarding the number of shares sold at each price within the range.
- [F9]Represents securities held by Management Feeder in respect of Units directly held by the reporting person. Pursuant to the LLC Agreement, such vested Units held by the reporting person are redeemable at the discretion of the reporting person for Paired Interests, on a one-for-one basis.
Documents
Issuer
Core & Main, Inc.
CIK 0001856525
Entity typeother
Related Parties
1- filerCIK 0002060011
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 6:50 PM ET
- Size
- 23.0 KB