4//SEC Filing
Bradbury Robyn L 4
Accession 0001856525-25-000157
CIK 0001856525other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 5:18 PM ET
Size
16.6 KB
Accession
0001856525-25-000157
Insider Transaction Report
Form 4
Bradbury Robyn L
Chief Financial Officer
Transactions
- Conversion
Class A Common Stock
2025-07-22+5,000→ 13,555 total - Other
Class B Common Stock and Limited Partnership Interests
2025-07-22−5,000→ 157,447 total(indirect: By LLC)→ Class A Common Stock (5,000 underlying) - Conversion
Class B Common Stock and Limited Partnership Interests
2025-07-22−5,000→ 0 total→ Class A Common Stock (5,000 underlying) - Sale
Class A Common Stock
2025-07-22$64.51/sh−5,000$322,551→ 8,555 total - Other
Class B Common Stock and Limited Partnership Interests
2025-07-22+5,000→ 5,000 total→ Class A Common Stock (5,000 underlying)
Holdings
- 22(indirect: By LLC)
Class A Common Stock
Footnotes (7)
- [F1]On July 22, 2025, pursuant to the terms of an exchange agreement, dated as of July 22, 2021 (as amended, the "Exchange Agreement"), 5,000 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.
- [F2]On July 22, 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"), 5,000 vested common units ("Units") held directly by the reporting person were redeemed at the discretion of the reporting person for 5,000 Paired Interests.
- [F3]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.
- [F4]The price reported represents the weighted average price of shares of Class A common stock sold in multiple transactions at prices ranging from $64.5000 to $64.5450 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.
- [F5]Represents securities held by Management Feeder in respect of Units of Management Feeder held directly 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.
- [F6]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.
- [F7]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 22, 8:00 PM ET
- Accepted
- Jul 23, 5:18 PM ET
- Size
- 16.6 KB