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Core & Main (NYSE: CNM) CFO reports tax withholding share disposals

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Core & Main, Inc.’s Chief Financial Officer Robyn L. Bradbury reported routine tax-related share dispositions. On March 9, 2026 and March 10, 2026, a total of 475 shares of Class A common stock were withheld by the company at prices of $49.96 and $49.38 per share to satisfy tax obligations on vesting restricted stock units, rather than sold in the open market.

After these withholdings, Bradbury directly holds 8,080 shares of Class A common stock. An additional 22 shares are held indirectly through Core & Main Management Feeder, LLC, tied to redeemable units that can be exchanged one-for-one for Class A shares.

Positive

  • None.

Negative

  • None.

Insights

These entries show routine tax withholding on vested RSUs, not open-market selling.

The transactions involve Form 4 code F, which the data describes as payment of tax liabilities by delivering securities. A total of 475 shares of Core & Main Class A common stock were withheld when restricted stock units vested for CFO Robyn L. Bradbury.

Because the issuer withholds shares instead of the executive selling stock in the market, these disposals usually carry limited informational value about the insider’s view of the company. Bradbury’s filings also show 8,080 directly held shares and 22 indirectly held via an LLC, indicating a continuing equity stake after the tax events.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bradbury Robyn L

(Last) (First) (Middle)
C/O CORE & MAIN, INC.
1830 CRAIG PARK COURT

(Street)
ST. LOUIS MO 63146

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Core & Main, Inc. [ CNM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/09/2026 F 270(1) D $49.96 8,285 D
Class A Common Stock 03/10/2026 F 205(1) D $49.38 8,080 D
Class A Common Stock 22 I(2) By LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. Represents securities held by Core & Main Management Feeder, LLC ("Management Feeder") in respect of common units ("Units") of Management Feeder held directly by the reporting person. Pursuant to the Fourth Amended and Restated LLC Agreement of Management Feeder, dated as of February 13, 2024, such vested Units held by the reporting person are redeemable at the discretion of the reporting person for shares of Class A common stock, on a one-for-one basis.
Remarks:
/s/ Mark Whittenburg, as Attorney-in-Fact for Robyn L. Bradbury 03/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Core & Main (CNM) CFO Robyn Bradbury report in this Form 4?

She reported tax-related dispositions of 475 shares of Class A common stock. The shares were withheld by Core & Main to cover tax obligations arising from vesting restricted stock units, rather than sold in the open market as a discretionary trade.

Were the Core & Main (CNM) CFO’s transactions open-market stock sales?

No, the transactions were not open-market sales. They were code F tax-withholding dispositions, meaning the issuer withheld shares at vesting of restricted stock units to satisfy tax liabilities instead of the CFO selling shares for cash.

How many Core & Main (CNM) shares were withheld for taxes in this filing?

A total of 475 shares of Class A common stock were withheld. This includes 270 shares at a price of $49.96 per share and 205 shares at $49.38 per share, both tied to tax obligations on vesting restricted stock units.

How many Core & Main (CNM) shares does the CFO hold after these transactions?

After these tax-withholding events, Robyn Bradbury directly holds 8,080 shares of Class A common stock. The filing also reports an additional 22 shares held indirectly through Core & Main Management Feeder, LLC linked to redeemable units.

What is the role of Core & Main Management Feeder, LLC in the CFO’s holdings?

The LLC holds securities corresponding to units owned by the CFO. Under its LLC agreement, vested units held by the reporting person may be redeemed at her discretion on a one-for-one basis for shares of Core & Main Class A common stock.

Does this Core & Main (CNM) Form 4 indicate a change in the CFO’s confidence?

The filing mainly reflects routine tax-withholding on vested restricted stock units, not discretionary market sales. Such transactions are typically administrative and do not directly indicate a change in the executive’s view of Core & Main’s prospects or valuation.
Core & Main Inc

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