Form 4: Core & Main CFO Robyn L. Bradbury Reports Stock and Options Grant

Robyn L. Bradbury, CFO of Core & Main, reports the acquisition of restricted stock units and options, along with adjustments to existing holdings.

Summary

• Robyn L. Bradbury, the Chief Financial Officer of Core & Main, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 31, 2025, Bradbury acquired 2,913 shares of Class A Common Stock in the form of restricted stock units (RSUs).
• These RSUs vest in three equal annual installments starting March 11, 2026.
• Bradbury also acquired 21,192 options with an exercise price of $48.31, vesting similarly to the RSUs.
• Following these transactions, Bradbury directly owns 8,555 shares of Class A Common Stock and indirectly owns 65 shares through Core & Main Management Feeder, LLC.
• She also directly owns 21,192 options.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices, indicating stability and alignment of interests. It's a neutral to slightly positive signal.

Positives

• The grant of RSUs and options to the CFO aligns her interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the CFO.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedules of the RSUs and options.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates standard compensation practices.

Comparison to Industry Standards

• Stock option and RSU grants are a common form of executive compensation in publicly traded companies, particularly in the US.
• Companies like Ferguson plc and HD Supply also utilize similar equity-based compensation plans to align executive incentives with shareholder value.
• The vesting schedules and exercise prices are generally in line with industry norms for companies of similar size and market capitalization.

Stakeholder Impact

• The equity grants align the CFO's interests with those of shareholders, potentially driving long-term value creation.
• Employees may view the equity grants as a positive sign of company health and commitment to its leadership.

Key Dates

Keywords

Form 4, Core & Main, Robyn L. Bradbury, CFO, stock options, restricted stock units, CNM, beneficial ownership