LeClair Stephen O 4

What Happened Stephen O. LeClair, Executive Chair and Director of Core & Main, had a total of 4,600 shares withheld by the issuer to cover tax withholding on vested restricted stock units (RSUs). The withholding occurred in two transactions: 1,519 shares on 2026-03-09 at $49.96 ($75,889) and 3,081 shares on 2026-03-10 at $49.38 ($152,140), for a combined value of approximately $228,029. These were dispositions for tax withholding, not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-03-09: 1,519 shares withheld @ $49.96 = $75,889
  • 2026-03-10: 3,081 shares withheld @ $49.38 = $152,140
• Total shares withheld: 4,600; total value ≈ $228,029.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding obligations upon RSU vesting.
• Filing: Report filed 2026-03-11 covering transactions on 2026-03-09 and 2026-03-10. This filing appears timely (filed within the typical two-business-day window).
• Shares owned after the transactions: Not specified in the provided excerpt of the filing.

Context This was a routine tax-withholding disposition tied to RSU vesting (issuer withheld shares to cover taxes), not an open-market sale or purchase. Such withholdings are common and generally reflect tax compliance rather than a personal decision to liquidate holdings; they should not be interpreted alone as an insider sentiment signal.