Giles Jeffrey D 4
Research Summary
AI-generated summary
Core & Main (CNM) EVP Jeffrey D. Giles Receives Equity Awards
What Happened
- Jeffrey D. Giles, Executive Vice President, Corporate Development of Core & Main, was granted equity awards on January 26, 2026. The filing shows 4,377 restricted stock units (RSUs) and 10,617 derivative awards (reported as a grant) were acquired at a reported price of $0.00 (typical for compensation grants; no cash was exchanged).
Key Details
- Transaction date: 2026-01-26; Filing date: 2026-01-28 (report covers period 2026-01-26).
- Reported acquisitions: 4,377 RSUs (A) and 10,617 derivative awards (A); both reported at $0.00 per unit.
- Vesting: RSUs vest in three equal annual installments on Jan 26, 2027, Jan 26, 2028 and Jan 26, 2029 (Footnote F1). The derivative awards (options) vest in the same three equal installments on those dates (Footnote F2).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing date is two days after the grant date; no late filing flag was indicated in the provided data.
Context
- The 4,377 RSUs represent a contingent right to receive one share of Class A common stock per RSU at vesting; they are compensation, not open‑market purchases. The 10,617 derivative awards appear to be stock options (per footnote) that will vest over three years — they do not represent exercised options or sales. Such grants are routine executive compensation and do not, by themselves, indicate immediate buying or selling sentiment.