HUEBERT MICHAEL G. 4

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.