Core & Main (CNM) SVP Harper has 568 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main, Inc. senior vice president of human resources Carla D. Harper reported a routine tax-related share disposition. On the vesting of restricted stock units, 568 shares of Class A common stock were withheld by the company to cover tax obligations. After this withholding, she directly holds 13,306 shares of Class A common stock. This was not an open-market sale and reflects standard tax treatment of equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harper Carla D
Role
Senior VP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 568 | $47.25 | $27K |
Holdings After Transaction:
Class A Common Stock — 13,306 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 568 shares
Withholding share value: $47.25 per share
Shares held after transaction: 13,306 shares
+1 more
4 metrics
Shares withheld for taxes
568 shares
Tax-withholding disposition on RSU vesting
Withholding share value
$47.25 per share
Value used for tax-withholding shares
Shares held after transaction
13,306 shares
Direct Class A holdings after tax withholding
Tax-withholding transactions
1 event
Count of F-code transactions in this filing
Key Terms
restricted stock units, tax withholding purposes, Class A Common Stock, tax-withholding disposition
4 terms
restricted stock units financial
"upon the vesting of a portion of restricted stock units granted to the reporting person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding purposes financial
"Represents shares withheld by the Issuer for tax withholding purposes upon the vesting"
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Core & Main (CNM) report for Carla D. Harper?
Core & Main reported that Carla D. Harper had 568 Class A common shares withheld for taxes upon RSU vesting. This was a tax-withholding disposition, not an open-market trade, and is a common feature of equity-based compensation programs.
Was the Core & Main (CNM) Form 4 for Carla D. Harper an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer at $47.25 per share value to satisfy tax obligations tied to the vesting of restricted stock units granted as compensation.