Core & Main (CNM) Form 4: Carla Harper granted 2,091 RSUs with three-year vesting
Rhea-AI Filing Summary
Core & Main, Inc. (CNM) reporting person Carla D. Harper, Senior VP Human Resources, received a grant of 2,091 restricted stock units (RSUs) on 09/03/2025. Each RSU converts to one share of Class A common stock and the grant was recorded at a $0 transaction price. Following the grant, Ms. Harper beneficially owns 11,766 shares. The RSUs vest in three equal annual installments on August 4, 2026, August 4, 2027 and August 4, 2028, subject to the Participant Restricted Stock Unit Agreement. The Form 4 was signed by an attorney-in-fact on 09/05/2025.
Positive
- 2,091 RSUs granted to Carla D. Harper, increasing her reported beneficial ownership to 11,766 shares
- Clear vesting schedule provided: equal annual installments on August 4, 2026, 2027, and 2028
Negative
- None.
Insights
TL;DR: Insider received a standard RSU grant of 2,091 units, increasing beneficial ownership to 11,766 shares; vesting over three years.
The filing documents a non-derivative award: 2,091 RSUs granted at a reported price of $0, which is typical for equity compensation awards that convert to shares upon vesting. The vesting schedule is specified with clear annual installments on August 4 of 2026, 2027 and 2028. This disclosure is routine for executives and shows the precise future dilution pathway for these units; however, the filing contains no information on total outstanding shares or dilutive impact percentages, so material ownership impact cannot be quantified from this form alone.
TL;DR: Disclosure is complete for the reported award and vesting terms; no irregularities or unusual terms are evident in the Form 4.
The report clearly identifies the reporting person, relationship to the issuer, the grant amount, conversion mechanics (one share per RSU) and the three-year vesting schedule. The transaction is recorded as an acquisition (code A) and the post-transaction beneficial ownership is specified. The form is signed by an attorney-in-fact, satisfying filing formalities. The filing does not include additional governance context such as board approval details or compensation committee minutes.