HUEBERT MICHAEL G. 4
Research Summary
AI-generated summary
Core & Main (CNM) President Michael Huebert Withholds 350 Shares
What Happened
- Michael G. Huebert, President of Core & Main, had 350 shares withheld by the issuer to cover tax withholding upon the vesting of restricted stock units. The withholding was reported as a disposition at $49.96 per share, for a total value of $17,486. This is a routine tax-withholding transaction, not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-03-09
- Filing date / accession: Form 4 filed 2026-03-11 (Accession 0001856525-26-000007) — appears timely under the SEC’s two-business-day rule
- Shares withheld/disposed: 350 shares at $49.96 each; total ~$17,486
- Transaction code: F (shares withheld to satisfy tax withholding obligations)
- Footnote: F1 — shares withheld by the issuer for tax withholding upon vesting of a portion of RSUs
- Shares owned after the transaction: not disclosed in the provided excerpt
Context
- This was a tax-withholding/cashless withholding event related to RSU vesting, common for executives when awards vest. Such withholdings are routine administrative actions and do not necessarily signal the insider’s view on the company’s stock.