Bradbury Robyn L 4
Research Summary
AI-generated summary
Core & Main (CNM) CFO Robyn Bradbury Sells 475 Shares (Tax Withholding)
What Happened
Robyn L. Bradbury, Chief Financial Officer of Core & Main, had a total of 475 shares withheld to cover tax liabilities upon the vesting of restricted stock units. On 2026-03-09, 270 shares were withheld at $49.96 each (value $13,489). On 2026-03-10, 205 shares were withheld at $49.38 each (value $10,123). These were tax-withholding dispositions (code F) tied to RSU vesting rather than open-market sales.
Key Details
- Transaction dates and prices:
- 2026-03-09: 270 shares withheld at $49.96 — $13,489.
- 2026-03-10: 205 shares withheld at $49.38 — $10,123.
- Total withheld: 475 shares for ~$23,612.
- Transaction type: Disposition for tax withholding upon RSU vesting (footnote F1 explains shares were withheld by the issuer to satisfy tax withholding).
- Shares owned after transaction: Not specified in the provided filing.
- Filing: Form 4 filed 2026-03-11 reporting the 2026-03-09/10 transactions — appears timely (filed within the standard reporting window).
- Notable footnote (F2): The reporting person also holds interests in Core & Main Management Feeder, LLC units that are redeemable, at the reporting person’s discretion, one-for-one for Class A common stock per the Management Feeder LLC agreement.
Context
- These dispositions were tax-withholding actions related to vested RSUs (a routine administrative step), not discretionary open-market sales; they generally do not signal a change in insider sentiment.
- For retail investors, purchases or open-market sales by insiders tend to carry more interpretive weight than withholding-for-taxes transactions like these.