Core & Main Boosts Director Compensation with $2.2K Share Award Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main director Dennis G. Gipson received 2,189 restricted stock units (RSUs) on June 24, 2025, as part of director compensation. Following this transaction, Gipson directly owns 13,958 shares of Class A Common Stock.
Key terms of the RSU grant:
- RSUs were granted at $0 exercise price
- Vesting occurs at the earlier of: - One year anniversary of grant date - Next annual shareholder meeting in 2026
- Vesting is contingent on continued service as director
- RSUs will be settled in Class A common stock upon vesting
The Form 4 was filed on June 28, 2025, within the required reporting timeline, and was signed by Mark Whittenburg as attorney-in-fact for Dennis Gipson.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gipson Dennis G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,189 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 13,958 shares (Direct)
Footnotes (1)
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FAQ
How many restricted stock units (RSUs) did CNM director Dennis Gipson receive on June 24, 2025?
Dennis Gipson received 2,189 restricted stock units as director compensation on June 24, 2025.
When will CNM director Dennis Gipson's RSUs vest?
The RSUs will vest at the earlier of either the one-year anniversary of the grant date (June 24, 2026) or CNM's next annual meeting of shareholders to be held in 2026, subject to Gipson's continued service as a director.
What was the purchase price of the RSUs granted to CNM director Dennis Gipson?
The restricted stock units were granted at $0 cost to Dennis Gipson as part of his director compensation package.