Form 4: Core & Main Executive Mark Whittenburg Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Mark Whittenburg, General Counsel and Secretary of Core & Main, Inc., reported disposing of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On March 7, 2025, Mark Whittenburg, General Counsel and Secretary of Core & Main, Inc., disposed of 278 shares of Class A Common Stock at a price of $47.87 per share to cover tax obligations.
- Following this transaction, Whittenburg directly owns 7,389 shares of Class A Common Stock.
- On March 10, 2025, Whittenburg disposed of 599 shares of Class A Common Stock at a price of $46.69 per share for the same reason.
- After this second transaction, Whittenburg directly owns 6,790 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Disposal of 278 shares of Class A Common Stock at $47.87 per share. |
| 03/10/2025 | Disposal of 599 shares of Class A Common Stock at $46.69 per share. |
| 03/11/2025 | Date of signature for the report. |
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