[Form 4] Core & Main, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Buck Robert M reported acquisition or exercise transactions in this Form 4 filing.
Core & Main, Inc. director Robert M. Buck reported an award of 2,799 restricted stock units as director compensation. These units vest on the earlier of one year from the grant date or the company’s next annual shareholder meeting to be held in 2027, contingent on his continued board service. Following this grant, his reported direct holdings total 15,849 shares of Class A common stock, including the awarded units once settled.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Buck Robert M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,799 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 15,849 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 2,799 units
Holdings after transaction: 15,849 shares
Vesting horizon: 2027
3 metrics
RSUs granted
2,799 units
Restricted stock units granted as director compensation
Holdings after transaction
15,849 shares
Direct Class A common stock holdings following award
Vesting horizon
2027
Vest by earlier of one year from grant or 2027 annual meeting
Key Terms
restricted stock units, director compensation, annual meeting of shareholders
3 terms
restricted stock units financial
"Represents restricted stock units granted as director compensation."
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.
director compensation financial
"Represents restricted stock units granted as director compensation."
FAQ
What insider transaction did Core & Main (CNM) report for Robert M. Buck?
Core & Main reported that director Robert M. Buck received 2,799 restricted stock units as director compensation. These units will convert into Class A common shares after vesting, increasing his equity-based stake in the company once settlement occurs after the vesting date.
When do Robert M. Buck’s new Core & Main (CNM) restricted stock units vest?
The 2,799 restricted stock units vest on the earlier of one year from the grant date or Core & Main’s next annual shareholder meeting in 2027. Vesting is conditioned on his continued service as a director through that applicable vesting date for the award.
What type of equity award did Core & Main (CNM) grant to director Robert M. Buck?
Core & Main granted Robert M. Buck restricted stock units as director compensation. The award consists of 2,799 units that will be settled in shares of Class A common stock after vesting, aligning his compensation with long-term shareholder interests via equity ownership.
Are Robert M. Buck’s new Core & Main (CNM) units tied to continued board service?
Yes. The footnote specifies that the restricted stock units vest only if Robert M. Buck continues serving as a director. Vesting occurs upon the earlier of one year after grant or the 2027 annual shareholder meeting, making continued board service a key condition for settlement.