Amirthalingam Bhavani 4

What Happened

• Amirthalingam Bhavani, a director of Core & Main, Inc. (CNM), was granted 2,799 restricted stock units (RSUs) on 2026-06-23. The Form 4 shows an acquisition (code A) at $0.00 per share — this is a compensation award, not a market purchase or sale.

Key Details

• Transaction date: 2026-06-23; Form 4 filed 2026-06-24 (timely).
• Transaction type/code: Award/Grant (A) — 2,799 RSUs; reported price $0.00 (no cash paid).
• Shares owned after transaction: Not specified in the provided summary.
• Footnote: RSUs vest at the earlier of (a) one year after grant or (b) the issuer’s next annual meeting of shareholders in 2027, and will be settled in Class A common stock subject to continued board service.

Context

• RSUs are a form of equity compensation that convert to shares upon vesting; they do not represent an immediate open-market purchase or sale and are commonly used for director pay. Such awards are routine and reflect compensation rather than a direct sentiment-driven purchase.