Core & Main (NYSE: CNM) president surrenders shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core & Main, Inc. President Michael G. Huebert had 350 shares of Class A Common Stock withheld on 2026-03-09 to cover taxes due on the vesting of previously granted restricted stock units. These shares were surrendered to the company at a price of $49.96 per share for tax-withholding purposes, not sold in the open market. After this routine tax-related disposition, Huebert directly holds 15,284 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HUEBERT MICHAEL G.
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 350 | $49.96 | $17K |
Holdings After Transaction:
Class A Common Stock — 15,284 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Core & Main (CNM) report for Michael G. Huebert?
Core & Main reported that President Michael G. Huebert had 350 shares of Class A Common Stock withheld on restricted stock unit vesting for tax purposes. This tax-withholding disposition is not an open-market sale and reflects routine handling of equity compensation.
What does the Form 4 tax-withholding transaction mean for Core & Main (CNM) investors?
The transaction shows routine tax withholding tied to equity compensation vesting for the President of Core & Main. Because the 350 shares were surrendered to the issuer for tax purposes, it does not indicate a change in his market view or involve open-market buying or selling.