Core & Main Director Newman Receives $2.1K Stock Grant as Board Compensation
Core & Main director Margaret Newman received 2,189 restricted stock units (RSUs) as part of director compensation on June 24, 2025.
Rhea-AI Filing Summary
Core & Main director Margaret Newman received 2,189 restricted stock units (RSUs) as part of director compensation on June 24, 2025. Following this transaction, Newman beneficially owns 13,958 shares of Class A Common Stock directly.
Key transaction details:
- The RSUs were granted at $0 cost to the director
- Vesting occurs at the earlier of: one-year anniversary of grant date or next annual shareholder meeting in 2026
- RSUs will be settled in Class A common stock
- Vesting is contingent on continued service as director
This Form 4 filing discloses the equity-based compensation arrangement for a non-employee director, demonstrating the company's approach to director incentivization and alignment with shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,189 shares
Grant/Award
1 txn
Insider
NEWMAN MARGARET
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,189 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 13,958 shares (Direct)
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the vesting schedule for CNM director Margaret Newman's RSU grant?
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 Newman's continued service as a director.
AI-generated analysis. How Rhea-AI works. Not financial advice.