Form 4: Core & Main Executive Michael Huebert Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Michael G. Huebert, President of Core & Main, Inc., disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 7, 2025, Michael G. Huebert, President of Core & Main, Inc., disposed of 359 shares of Class A Common Stock.
- The disposal was to cover tax withholding obligations upon the vesting of restricted stock units (RSUs).
- The price per share was $47.87.
- Following the transaction, Huebert directly owns 12,477 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. Disposals for tax obligations are common when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction: Disposal of shares for tax withholding. |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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