Stephens John Weldon 4

What Happened

• John Weldon Stephens, Chief Accounting Officer of Core & Main, had a total of 292 shares withheld by the company to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The withholding occurred in two actions: 94 shares at $49.96 ($4,696) on 2026-03-09 and 198 shares at $49.38 ($9,777) on 2026-03-10, for a combined value of approximately $14,473. This was a tax-withholding (share surrender) event, not an open-market sale or purchase.

Key Details

• Transaction dates and prices: 2026-03-09 — 94 shares @ $49.96 ($4,696); 2026-03-10 — 198 shares @ $49.38 ($9,777).
• Total shares affected: 292 shares; total value ≈ $14,473.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld by the issuer for tax withholding upon vesting of a portion of RSUs.
• Filing: Period of report 2026-03-09; Form 4 filed 2026-03-11 (appears timely within the usual two-business-day window).

Context

• This is a routine tax-withholding (cashless) transaction tied to RSU vesting and generally does not indicate a directional view on the company by the insider. It differs from an open-market sale (which could signal monetization) or a purchase (which can be a stronger bullish signal).