Core & Main, Inc.·4

Mar 11, 5:11 PM ET

Harper Carla D 4

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Core & Main (CNM) Carla D. Harper Withholds Shares for Taxes

What Happened Carla D. Harper, Senior Vice President of Human Resources at Core & Main (CNM), had a total of 266 shares withheld by the company to satisfy tax withholding obligations when a portion of her restricted stock units vested. The filing shows 77 shares withheld on 2026-03-09 at $49.96 (value $3,847) and 189 shares withheld on 2026-03-10 at $49.38 (value $9,333), for a combined value of approximately $13,180. This is a routine tax-withholding event rather than an open-market sale or a discretionary trade.

Key Details

  • Transaction dates and amounts:
    • 2026-03-09: 77 shares withheld @ $49.96 = $3,847
    • 2026-03-10: 189 shares withheld @ $49.38 = $9,333
  • Total shares withheld: 266; combined value ≈ $13,180.
  • Shares owned after transaction: Not disclosed in the Form 4.
  • Footnote: F1 indicates these shares were withheld by the issuer to cover tax withholding upon vesting of restricted stock units.
  • Filing: Report filed 2026-03-11 for transactions on 2026-03-09 and 2026-03-10 — appears timely (within the usual 2-business-day Form 4 window).

Context Share withholding to cover taxes on vested RSUs is a common administrative action and typically does not signal a change in the insider’s view of the company. This was not an open-market sale by the insider; the company withheld shares directly to satisfy tax obligations.