Form 4: Core & Main Executive Bradford A. Cowles Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Bradford A. Cowles, President of Core & Main, Inc., reports the withholding of shares for tax obligations following the vesting of restricted stock units.
Summary
- On March 11, 2025, Bradford A. Cowles, President of Core & Main, Inc., had 724 shares of Class A Common Stock withheld by the issuer to cover tax obligations.
- This transaction occurred following the vesting of a portion of restricted stock units (RSUs) previously granted to Mr. Cowles.
- Following the transaction, Mr. Cowles directly owns 14,026 shares of Core & Main, Inc.
- The price per share for the withholding was $46.55.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to tax obligations, indicating a neutral sentiment. It reflects standard compensation practices and insider transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of share withholding for tax obligations. |
| 03/13/2025 | Date of signature on the Form 4 filing. |
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