Core & Main (CNM) CEO receives new stock options and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main, Inc. reported that Chief Executive Officer Mark R. Witkowski received new equity awards. On March 12, 2026, he was granted options to buy 131,382 shares of Class A common stock at $47.63 per share, vesting in three equal installments on March 11, 2027, 2028 and 2029. He also received 18,372 restricted stock units, each representing one share of Class A common stock, vesting on the same dates, and after this grant he directly owned 51,119 shares. Separately, on March 11, 2026, 1,685 shares were withheld at $49.16 per share to cover tax obligations upon vesting of previously granted RSUs, which is not an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Witkowski Mark R
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Rights to Buy) | 131,382 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 18,372 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,685 | $49.16 | $83K |
Holdings After Transaction:
Options (Rights to Buy) — 131,382 shares (Direct);
Class A Common Stock — 51,119 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) grant to its CEO?
Core & Main granted CEO Mark R. Witkowski stock options and restricted stock units. He received options for 131,382 shares at $47.63 per share and 18,372 RSUs, all tied to Class A common stock, as part of his compensation package.
How do Mark Witkowski’s new stock options at Core & Main (CNM) vest?
The CEO’s stock options vest in three equal installments. The 131,382 options vest one-third each on March 11, 2027, March 11, 2028, and March 11, 2029, under the Participant Stock Option Agreement, with an expiration date of March 12, 2036.
What are the terms of the RSU grant to the Core & Main (CNM) CEO?
Mark Witkowski received 18,372 restricted stock units. Each RSU represents a contingent right to one share of Class A common stock and vests in three equal annual installments on March 11, 2027, March 11, 2028, and March 11, 2029, under a Restricted Stock Unit Agreement.
What is the exercise price and expiration for the Core & Main (CNM) CEO options?
The CEO’s options have a $47.63 per share exercise price and a 2036 expiration. Specifically, 131,382 options to buy Class A common stock expire on March 12, 2036, providing long-dated equity-linked compensation.