Core & Main, Inc.·4

Jun 24, 8:02 PM ET

NEWMAN MARGARET 4

Research Summary

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Core & Main (CNM) Director Margaret Newman Receives Award

What Happened

  • Margaret Newman, a director of Core & Main, was granted 2,799 restricted stock units (RSUs) on June 23, 2026. The Form 4 reports the award at $0.00 per share (a grant, not a cash purchase or sale). The filing shows the acquisition of 2,799 units and records $0 total consideration in the filing.

Key Details

  • Transaction date: 2026-06-23; Filing date: 2026-06-24 (timely filing).
  • Transaction type: Award/Grant (code A) — 2,799 RSUs granted at $0.00 per unit.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: RSUs represent director compensation and will vest upon the earlier of the one-year anniversary of the grant date or the issuer’s next annual meeting of shareholders in 2027, and will be settled in Class A common stock, subject to Newman’s continued service as a director.
  • No indication of a 10b5-1 plan, tax-withholding sale, or late filing in the information provided.

Context

  • These RSUs are a form of equity compensation for directors and are routine; they are not a market purchase or sale and do not by themselves imply a bullish or bearish signal. The units will convert to shares only if and when they vest under the stated conditions.