Core & Main (NYSE: CNM) CFO reports tax withholding share disposals
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 205 | $49.38 | $10K |
| Tax Withholding | Class A Common Stock | 270 | $49.96 | $13K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (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. 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.