Kimbrough Orvin T 4
Research Summary
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Core & Main (CNM) Director Orvin Kimbrough Receives Award
What Happened Orvin T. Kimbrough, a director of Core & Main, Inc. (CNM), was granted 2,799 restricted stock units (RSUs) on 2026-06-23. The units were reported as an award/acquisition at an acquisition price of $0.00 (i.e., no cash paid). These RSUs are director compensation and will be settled in Class A common stock once they vest.
Key Details
- Transaction date: 2026-06-23; filing date: 2026-06-24 (Form 4 filed within required reporting window). Transaction code: A (award/grant).
- Amount: 2,799 RSUs; reported acquisition price $0.00 (award). No immediate cash value recorded in the Form 4.
- Vesting: Per footnote, the RSUs vest on the earlier of the one‑year anniversary of the grant or the issuer’s next annual meeting of shareholders (expected 2027), subject to Kimbrough’s continued service. (Footnote F1.)
- Holdings note: The filing also references securities held via Core & Main Management Feeder, LLC; vested units held there are redeemable by the reporting person for Class A shares on a one‑for‑one basis. (Footnote F2.)
- Shares owned following the transaction: not specified in the information provided in this summary.
Context This was an equity award (RSUs) for director compensation rather than a market purchase or sale. RSUs only convert to actual shares upon vesting and settlement, so they do not represent an immediate open‑market investment or liquidation. Such grants are common for non‑employee directors and are typically routine compensation rather than a direct signal of insider sentiment.