STOCK TITAN

Core & Main Boosts Director Compensation with $2.2K Share Award Package

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gipson Dennis G

(Last) (First) (Middle)
C/O CORE & MAIN, INC.
1830 CRAIG PARK COURT

(Street)
ST. LOUIS MO 63146

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Core & Main, Inc. [ CNM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/24/2025 A 2,189(1) A $0 13,958 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units granted as director compensation. The restricted stock units will vest upon the earlier to occur of the one year anniversary of the grant date or the Issuer's next annual meeting of shareholders to be held in 2026 and be settled in shares of Class A common stock, subject to the reporting person's continued service as a director of the Issuer.
Remarks:
/s/ Mark Whittenburg, as Attorney-in-Fact for Dennis G. Gipson 06/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many shares of CNM Class A Common Stock does Dennis Gipson own after the June 24, 2025 transaction?

Following the reported transaction, Dennis Gipson directly owns 13,958 shares of CNM Class A Common Stock.

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.