Core & Main (CNM) president receives new option and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
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
3 transactions reported
Mixed
3 txns
Insider
HUEBERT MICHAEL G.
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Rights to Buy) | 37,539 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 10,500 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 447 | $49.16 | $22K |
Holdings After Transaction:
Options (Rights to Buy) — 37,539 shares (Direct);
Class A Common Stock — 25,337 shares (Direct)
Footnotes (1)
- 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. 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. 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.
FAQ
What equity awards did Core & Main (CNM) President Michael G. Huebert receive?
Michael G. Huebert received stock options for 37,539 shares and 10,500 restricted stock units. The options have a $47.63 exercise price, and both awards vest in three equal annual installments from March 11, 2027 through March 11, 2029.
How do the new Core & Main (CNM) stock options for the president vest?
The 37,539 stock options granted to the president vest in three equal installments. Vesting dates are March 11, 2027, March 11, 2028 and March 11, 2029, aligning with the terms of the Participant Stock Option Agreement disclosed in the filing footnotes.
What are the terms of Michael G. Huebert’s new RSUs at Core & Main (CNM)?
He received 10,500 restricted stock units, each representing one share of Class A common stock. These RSUs vest in three equal annual installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the applicable RSU agreement terms.
Do the Core & Main (CNM) equity awards indicate open-market buying or selling?
No open-market trades are reported. The Form 4 shows compensation-related grants of options and RSUs, plus 447 shares withheld for taxes on RSU vesting. These events are administrative and compensation-related rather than discretionary market purchases or sales.