Core & Main (NYSE: CNM) grants EVP stock options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main EVP Jeffrey D. Giles received new equity awards as part of his compensation. He was granted options to buy 21,585 shares of Class A common stock at an exercise price of $47.63 per share, expiring on March 12, 2036. These options vest in three equal installments on March 11, 2027, March 11, 2028, and March 11, 2029.
He also received 3,021 restricted stock units, each representing one share of Class A common stock, with the same three-year annual vesting schedule. Following these awards, he holds 9,681 shares of Class A common stock directly. These are grants from the company, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Giles Jeffrey D
Role
EVP, Corporate Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Rights to Buy) | 21,585 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 3,021 | $0.00 | -- |
Holdings After Transaction:
Options (Rights to Buy) — 21,585 shares (Direct);
Class A Common Stock — 9,681 shares (Direct)
Footnotes (1)
- Represents restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Class A common stock of the Issuer. The RSUs vest in three equal annual installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the terms of the associated Participant Restricted Stock Unit Agreement. The options vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the terms of the associated Participant Stock Option Agreement.
FAQ
What insider transactions did CNM executive Jeffrey D. Giles report?
Jeffrey D. Giles reported receiving equity compensation awards, not market trades. He was granted options on 21,585 shares at $47.63 per share and 3,021 restricted stock units, all tied to Core & Main Class A common stock and subject to multi-year vesting.
How many Core & Main (CNM) options were granted to the EVP?
The EVP was granted options on 21,585 shares of Class A common stock at an exercise price of $47.63 per share. These stock options expire on March 12, 2036 and vest in three equal installments over three years starting in 2027.
What restricted stock units (RSUs) did CNM grant to Jeffrey D. Giles?
Core & Main granted 3,021 restricted stock units to Jeffrey D. Giles. Each RSU represents one share of Class A common stock and vests in three equal annual installments on March 11, 2027, March 11, 2028, and March 11, 2029, subject to award agreement terms.
Did the CNM Form 4 show any open-market buying or selling by the EVP?
No, the Form 4 reports grant or award acquisitions only. Both transactions use code A, indicating equity awards granted by the company at zero purchase price, rather than open-market purchases or sales of Core & Main Class A common stock.
When do the Core & Main (CNM) option and RSU awards vest for the EVP?
Both the options and RSUs vest over three years. They vest in three equal annual installments on March 11, 2027, March 11, 2028, and March 11, 2029, subject to the terms of the respective award agreements.