Core & Main Board Member Castellano Increases Stake with New RSU Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main Director James G. Castellano received 2,189 restricted stock units (RSUs) on June 24, 2025, as part of director compensation. The RSUs will vest on either the one-year anniversary of the grant date or at the company's next annual shareholder meeting in 2026, whichever occurs first, subject to continued service as director.
Following the transaction, Castellano's holdings include:
- 4,638 shares of Class A Common Stock held directly
- 9,320 shares held indirectly through the James G. Castellano Revocable Trust dated November 8, 1988
The RSUs were granted at $0 exercise price and will be settled in Class A common stock upon vesting. The transaction was reported through Form 4 filing, with Mark Whittenburg signing as Attorney-in-Fact for Castellano on June 26, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Castellano James G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,189 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 4,638 shares (Direct);
Class A Common Stock — 9,320 shares (Indirect, By Trust)
Footnotes (1)
- 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 2026 and be settled in shares of Class A common stock, subject to the reporting person's continued service as a director of the Issuer. Represents securities held indirectly by the reporting person through the James G. Castellano Revocable Trust dated November 8, 1988.
FAQ
How many CNM restricted stock units did James Castellano receive on June 24, 2025?
James Castellano received 2,189 restricted stock units as director compensation on June 24, 2025. These units were granted at $0 and will vest upon the earlier of the one-year anniversary of the grant date or Core & Main's next annual meeting in 2026.
What is the total amount of CNM Class A Common Stock owned by James Castellano?
James Castellano owns a total of 13,958 shares of CNM Class A Common Stock, consisting of 4,638 shares held directly and 9,320 shares held indirectly through the James G. Castellano Revocable Trust dated November 8, 1988.
When will James Castellano's CNM restricted stock units vest?
The restricted stock units will vest at the earlier of either the one-year anniversary of the grant date (June 24, 2026) or Core & Main's next annual meeting of shareholders to be held in 2026, subject to Castellano's continued service as a director.
What positions does James Castellano hold at CNM according to the Form 4?
According to the Form 4 filing, James G. Castellano serves as a Director of Core & Main, Inc. (CNM). This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.