Core & Main president granted options, RSUs
Core & Main, Inc. President Bradford A. Cowles reported routine equity compensation and related tax withholding.
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Rhea-AI Filing Summary
Core & Main, Inc. President Bradford A. Cowles reported routine equity compensation and related tax withholding. He received stock options for 50,676 shares of Class A common stock at an exercise price of $47.63 per share, expiring in 2036, vesting in three equal installments on March 11, 2027, 2028 and 2029.
He was also granted 7,086 restricted stock units, each representing one share of Class A common stock, vesting on the same three annual dates. Separately, 607 shares of Class A common stock were withheld at $49.16 per share to cover tax obligations upon vesting of earlier RSUs. Following these transactions, he directly holds 25,491 shares of Class A common stock and 50,676 options.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (Rights to Buy) | 50,676 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 7,086 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 607 | $49.16 | $30K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Core & Main (CNM) President Bradford A. Cowles report?
How many stock options did CNM’s president receive and at what exercise price?
What restricted stock unit (RSU) awards did the Core & Main president receive?
What is the vesting schedule for Bradford A. Cowles’ new Core & Main equity awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.