Core & Main (NYSE: CNM) chair withholds 4,600 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main, Inc. Executive Chair Stephen O. LeClair reported two tax-related share dispositions tied to restricted stock unit vesting. On March 10, 2026, 3,081 shares of Class A common stock were withheld at $49.38 per share, and on March 9, 2026, 1,519 shares were withheld at $49.96 per share. These transactions were coded as tax-withholding dispositions, and a footnote states the shares were withheld by the issuer for tax purposes upon vesting. Following the later transaction, LeClair directly owned 66,136 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LeClair Stephen O
Role
Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,081 | $49.38 | $152K |
| Tax Withholding | Class A Common Stock | 1,519 | $49.96 | $76K |
Holdings After Transaction:
Class A Common Stock — 66,136 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did CNM Executive Chair Stephen O. LeClair report?
Stephen O. LeClair reported two tax-withholding dispositions of Core & Main Class A common stock. On March 9 and March 10, 2026, a total of 4,600 shares were delivered to the issuer to satisfy tax obligations linked to restricted stock unit vesting.
What does transaction code “F” mean in the CNM Form 4 filed by Stephen O. LeClair?
Code “F” indicates shares delivered to cover exercise price or tax liabilities. In this CNM filing, both transactions are labeled as tax-withholding dispositions, meaning shares were withheld by the issuer to satisfy tax obligations associated with equity award vesting.