Core & Main, Inc.·4

Mar 13, 7:24 PM ET

Whittenburg Mark G 4

Research Summary

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Updated

Core & Main (CNM) General Counsel Mark Whittenburg Withholds 331 Shares

What Happened

  • Mark G. Whittenburg, General Counsel and Secretary of Core & Main (CNM), had 331 shares withheld by the company to satisfy tax withholding related to the vesting of restricted stock units. The withholding was recorded at $49.16 per share for a total value of $16,272. This is a routine tax-withholding disposition, not an open-market sale.

Key Details

  • Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-13)
  • Action: Shares withheld for tax withholding upon RSU vesting (transaction code F)
  • Shares involved: 331 shares withheld at $49.16 per share; total value ~$16,272
  • Footnote: F1 — shares were withheld by the issuer for tax withholding on vested RSUs
  • Shares owned after transaction: Not provided in the supplied filing excerpt
  • Filing timeliness: Filed 2026-03-13 for a 2026-03-11 transaction (appears timely within the usual two-business-day window)

Context

  • This was a tax-withholding event (issuer withheld shares to cover taxes on vested restricted stock units), which is administrative and does not necessarily indicate buying or selling intent in the market.
  • Such withholding transactions are common when equity awards vest and are treated as dispositions on Form 4 even though the insider did not execute an open-market sale.