Form 4: Core & Main Executive Mark Whittenburg Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Mark Whittenburg, General Counsel and Secretary of Core & Main, Inc., reports disposing of 510 shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 11, 2025, Mark Whittenburg, General Counsel and Secretary of Core & Main, Inc., disposed of 510 shares of Class A Common Stock.
- The shares were withheld by the issuer to cover tax obligations related to the vesting of restricted stock units (RSUs).
- The transaction price was $46.55 per share.
- Following the transaction, Whittenburg directly owns 6,280 shares of Core & Main, Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction 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. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of stock disposal transaction |
| 03/13/2025 | Date of signature on the Form 4 filing |
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