Core & Main director awarded 2,799 RSUs
Gipson Dennis G reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Gipson Dennis G reported acquisition or exercise transactions in this Form 4 filing.
Core & Main, Inc. director Dennis G. Gipson received an award of 2,799 shares of Class A common stock in the form of restricted stock units as director compensation. The award was recorded at a price of $0.00 per share, indicating it is a compensation grant rather than an open-market purchase.
The restricted stock units will vest upon the earlier of the one-year anniversary of the grant date or the company’s next annual meeting of shareholders to be held in 2027, subject to his continued board service. After this grant, Gipson directly holds 16,757 shares of Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,799 | $0.00 | $0.00 |
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 2027 and be settled in shares of Class A common stock, subject to the reporting person's continued service as a director of the Issuer.
Key Figures
Key Terms
restricted stock units financial
director compensation financial
Class A Common Stock financial
FAQ
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What insider transaction did CNM director Dennis G. Gipson report?
What are the vesting terms of the CNM restricted stock units granted to Dennis G. Gipson?
Is the CNM Form 4 transaction a market buy or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.