Core & Main (NYSE: CNM) president sees 1,301 shares withheld for taxes
Rhea-AI Filing Summary
Core & Main, Inc. President Michael G. Huebert had 1,301 shares of Class A Common Stock withheld on July 22, 2026 to cover tax obligations upon the vesting of restricted stock units. The shares were valued at $43.75 each for tax purposes, leaving him with 24,036 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,301 shares
Net Sell
1 txn
Insider
HUEBERT MICHAEL G.
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1 | 1,301 | $43.75 | $57K |
Holdings After Transaction:
Class A Common Stock — 24,036 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Issuer for tax withholding purposes upon the vesting of a portion of restricted stock units granted to the reporting person.
Key Figures
Shares withheld for taxes: 1,301 shares
Withholding price per share: $43.75
Shares held after transaction: 24,036 shares
3 metrics
Shares withheld for taxes
1,301 shares
Tax withholding upon restricted stock unit vesting on July 22, 2026
Withholding price per share
$43.75
Per-share value used for tax-share withholding
Shares held after transaction
24,036 shares
Direct holdings of Class A Common Stock following the tax-withholding disposition
Key Terms
restricted stock units, Class A Common Stock, tax withholding purposes
3 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.
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 purposes financial
"Represents shares withheld by the Issuer for tax withholding purposes upon the vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CNM President Michael G. Huebert report?
Michael G. Huebert reported a tax-withholding disposition of 1,301 CNM shares. These Class A shares were withheld by Core & Main to satisfy tax obligations triggered when a portion of his restricted stock units vested, rather than being sold in the open market.
Does this CNM Form 4 show an open-market sale by Michael G. Huebert?
No, the Form 4 shows shares withheld by the issuer for taxes, not an open-market sale. The shares were retained by Core & Main to pay Huebert’s tax liability arising from the vesting of a portion of his restricted stock units.