Core & Main Director Receives 2,189 Shares in Annual Stock Grant
Core & Main director Dennis G. Gipson received 2,189 restricted stock units (RSUs) on June 24, 2025, as part of director compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,189 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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