Core & Main Boosts Director Stakes with Latest Stock Compensation Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main director Orvin T. Kimbrough reported new transactions in Form 4 filing on June 28, 2025. Key details include:
- Acquired 2,189 restricted stock units (RSUs) of Class A Common Stock on June 24, 2025 as director compensation
- RSUs will vest at earlier of one-year anniversary or next annual shareholder meeting in 2026
- Following the transaction, Kimbrough directly owns 13,958 shares of Class A Common Stock
- Additionally holds indirect ownership of 8 shares through Core & Main Management Feeder LLC
- Management Feeder Units are redeemable for Class A Common Stock on a one-for-one basis per LLC Agreement dated February 13, 2024
The RSUs were granted at $0 cost and will be settled in Class A common stock, subject to continued service as director. The filing was signed by Mark Whittenburg as Attorney-in-Fact on June 26, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kimbrough Orvin T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,189 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 13,958 shares (Direct);
Class A Common Stock — 8 shares (Indirect, By LLC)
Footnotes (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. Represents securities held by Core & Main Management Feeder, LLC ("Management Feeder") in respect of common units ("Units") of Management Feeder held directly by the reporting person. Pursuant to the Fourth Amended and Restated LLC Agreement of Management Feeder, dated as of February 13, 2024, such vested Units held by the reporting person are redeemable at the discretion of the reporting person for shares of Class A common stock, on a one-for-one basis.
FAQ
How many CNM restricted stock units did Orvin Kimbrough receive on June 24, 2025?
According to the Form 4 filing, Orvin Kimbrough received 2,189 restricted stock units as director compensation on June 24, 2025. These units were granted at $0 cost.
When will Orvin Kimbrough's CNM restricted stock units vest?
The restricted stock units will vest upon the earlier of either the one-year anniversary of the grant date or Core & Main's next annual meeting of shareholders to be held in 2026, subject to Kimbrough's continued service as a director.
What indirect ownership does Orvin Kimbrough have in CNM through Management Feeder LLC?
Kimbrough indirectly owns 8 shares of CNM Class A Common Stock through Core & Main Management Feeder, LLC. These shares are redeemable for Class A common stock on a one-for-one basis according to the Fourth Amended and Restated LLC Agreement dated February 13, 2024.