Core & Main, Inc.·4

Mar 13, 7:23 PM ET

HUEBERT MICHAEL G. 4

4 · Core & Main, Inc. · Filed Mar 13, 2026

Research Summary

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Core & Main (CNM) President Michael Huebert Receives RSUs & Options

What Happened

  • Michael G. Huebert, President of Core & Main, had 447 shares withheld to cover taxes when a portion of his restricted stock units vested (447 shares × $49.16 = $21,975). In addition, he was granted 10,500 restricted stock units (RSUs) and 37,539 derivative awards (stock options or similar) on March 12, 2026; both grants show $0 cash price at grant (standard for equity awards).

Key Details

  • Transaction dates: March 11, 2026 (tax withholding on vested RSUs) and March 12, 2026 (grants).
  • Withheld shares: 447 shares at $49.16 per share, total value $21,975 (code F — issuer withheld shares for tax withholding).
  • Grants: 10,500 RSUs (code A) and 37,539 derivative award units (code A, derivative); both reported with $0 purchase price (typical for equity awards).
  • Vesting: Per footnotes, the 10,500 RSUs vest in three equal annual installments on March 11, 2027, 2028 and 2029 (F2). The derivative awards/options vest in three equal installments on the same dates (F3).
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • Filing: Form 4 filed March 13, 2026 covering transactions on March 11–12, 2026 — filed within the normal reporting window (no late-filing flag indicated).

Context

  • The 447-share "disposition" was not an open-market sale but shares withheld by the company to satisfy tax withholding upon RSU vesting (a routine administrative action, code F).
  • The 10,500 RSUs are contingent rights to receive shares upon future vesting; the 37,539 derivative units are option-like awards that vest over time. These grants are typical long-term compensation, not immediate purchases or market sales.

Insider Transaction Report

Form 4
Period: 2026-03-11
Transactions
  • Tax Payment

    Class A Common Stock

    [F1]
    2026-03-11$49.16/sh447$21,97514,837 total
  • Award

    Class A Common Stock

    [F2]
    2026-03-12+10,50025,337 total
  • Award

    Options (Rights to Buy)

    [F3]
    2026-03-12+37,53937,539 total
    Exercise: $47.63Exp: 2036-03-12Class A Common Stock (37,539 underlying)
Footnotes (3)
  • [F1]Represents shares withheld by the Issuer for tax withholding purposes upon the vesting of a portion of restricted stock units ("RSUs") granted to the reporting person.
  • [F2]Represents RSUs granted to the reporting person. Each RSU represents a contingent right to receive one share of Class A common stock of the Issuer. The RSUs vest in three equal annual installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the terms of the associated Participant Restricted Stock Unit Agreement.
  • [F3]The options vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the terms of the associated Participant Stock Option Agreement.
Signature
/s/ Mark Whittenburg, as Attorney-in-Fact for Michael G. Huebert|2026-03-13

Documents

1 file
  • 4
    wk-form4_1773444225.xmlPrimary

    FORM 4