Form 4: Core & Main Executive Bradford A. Cowles Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Bradford A. Cowles, President of Core & Main, Inc., reports disposing of Class A Common Stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 7, 2025, Bradford A. Cowles, President of Core & Main, Inc., disposed of 438 shares of Class A Common Stock at a price of $47.87.
- On March 10, 2025, Cowles disposed of 822 shares of Class A Common Stock at a price of $46.69.
- These disposals were to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).
- Following these transactions, Cowles directly owns 14,750 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely monitored by investors to understand management's perspective on the company's stock.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on shareholders, as they are related to tax obligations and represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Disposal of 438 shares of Class A Common Stock at $47.87 per share. |
| 03/10/2025 | Disposal of 822 shares of Class A Common Stock at $46.69 per share. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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