Castellano James G 4
4 · Core & Main, Inc. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Core & Main (CNM) Director James G. Castellano Receives Award
What Happened
James G. Castellano, a director of Core & Main, Inc. (CNM), received an award of 2,799 restricted stock units (RSUs) on 2026-06-23. The RSUs were granted at $0.00 (no cash purchase) and will be settled in Class A common stock upon vesting. The reported grant is director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-23; Form filed: 2026-06-24.
- Grant: 2,799 RSUs at $0.00 (transaction code A — award/grant).
- Reported value on grant: $0 (RSUs represent a future right to shares, not an immediate cash transaction).
- Vesting (per footnote F1): RSUs vest on the earlier of the one-year anniversary of the grant or the issuer’s next annual meeting of shareholders in 2027, and are subject to Castellano’s continued service as a director.
- Shares owned after the transaction: not disclosed in the provided transaction summary.
- No 10b5-1 plan, tax-withholding, or late-filing flags noted in the supplied data.
Context
Restricted stock units are a form of equity compensation that convert into company shares when they vest; they are common for board members and reflect compensation, not an immediate market bet. Such awards don’t indicate a buy/sell decision by the insider but are useful to track insider equity accumulation over time.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-23+2,799→ 7,437 total
Footnotes (1)
- [F1]Represents restricted stock units granted as director compensation. The restricted stock units will vest upon the earlier to occur of the one year anniversary of the grant date or the Issuer's next annual meeting of shareholders to be held in 2027 and be settled in shares of Class A common stock, subject to the reporting person's continued service as a director of the Issuer.