Core & Main (CNM) grants stock options and RSUs to Chief Accounting Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main, Inc. reported that Chief Accounting Officer John Weldon Stephens received equity compensation and had shares withheld for taxes. On March 12, 2026, he was granted 6,684 stock options with an exercise price of $47.63 per share, expiring on March 12, 2036. These options vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029.
He was also granted 936 restricted stock units (RSUs), each representing one share of Class A common stock, vesting on the same three annual dates. On March 11, 2026, 107 shares of Class A common stock were withheld at $49.16 per share to cover tax obligations upon RSU vesting. Following these transactions, he directly owned 17,374 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Stephens John Weldon
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Rights to Buy) | 6,684 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 936 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 107 | $49.16 | $5K |
Holdings After Transaction:
Options (Rights to Buy) — 6,684 shares (Direct);
Class A Common Stock — 17,374 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 insider transactions did CNM’s Chief Accounting Officer report?
Core & Main’s Chief Accounting Officer John Weldon Stephens reported equity compensation grants and tax withholding. He received 6,684 stock options and 936 restricted stock units, while 107 shares of Class A common stock were withheld to satisfy tax obligations related to previously granted RSUs.
How many Core & Main (CNM) stock options were granted to the CAO?
John Weldon Stephens received 6,684 stock options in Core & Main Class A common stock. These options have an exercise price of $47.63 per share, expire on March 12, 2036, and vest in three equal annual installments beginning March 11, 2027, continuing through March 11, 2029.
What RSU awards did Core & Main (CNM) grant to its Chief Accounting Officer?
Core & Main granted 936 restricted stock units (RSUs) to Chief Accounting Officer John Weldon Stephens. Each RSU represents 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, subject to award agreement terms.
What is the vesting schedule for the CNM options and RSUs granted?
Both the 6,684 stock options and the 936 RSUs vest in three equal annual installments. The vesting dates are March 11, 2027, March 11, 2028, and March 11, 2029, contingent on the terms of the Participant Stock Option Agreement and Restricted Stock Unit Agreement.