Core & Main (CNM) president receives new option and RSU grants
Rhea-AI Filing Summary
Core & Main, Inc. President Michael G. Huebert received new equity awards. On March 12, 2026 he was granted options for 37,539 shares of Class A common stock at an exercise price of $47.63 per share, expiring in 2036. These options vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029.
He was also granted 10,500 restricted stock units, each representing one share of Class A common stock, vesting in three equal annual installments on the same March 11, 2027–2029 schedule. Separately, on March 11, 2026, 447 shares were withheld at $49.16 per share to cover taxes upon vesting of previously granted RSUs, a non-market disposition. After these transactions, he directly holds 25,337 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Rights to Buy) | 37,539 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 10,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 447 | $49.16 | $22K |
Footnotes (3)
- F1. Represents shares withheld by the Issuer for tax withholding purposes upon the vesting of a portion of restricted stock units ("RSUs") granted to the reporting person.
- F2. Represents RSUs granted to the reporting person. Each RSU represents a contingent right to receive one share of Class A common stock of the Issuer. The RSUs vest in three equal annual installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the terms of the associated Participant Restricted Stock Unit Agreement.
- F3. The options vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the terms of the associated Participant Stock Option Agreement.
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