Form 4: Core & Main Executive Transfers Units to Revocable Trust
SEC Form 4 Filing
Jeffrey D. Giles, EVP at Core & Main, transferred 232,928 units representing Class B Common Stock and Limited Partnership Interests to a revocable trust on October 8, 2024.
Summary
- Jeffrey D. Giles, an Executive Vice President at Core & Main, filed a Form 4 with the SEC.
- On October 8, 2024, Giles transferred 232,928 units to a revocable trust for the benefit of himself, his wife, and descendants.
- These units represent Class B Common Stock and Limited Partnership Interests in Core & Main Holdings, LP.
- The transfer was made to Core & Main Management Feeder, LLC.
- The reporting person indirectly owns 22,259 Class A Common Stock by LLC and 232,928 Class A Common Stock by Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transfer of securities to a trust, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's financial health or strategic direction.
Stakeholder Impact
- The transfer of units to a trust may have implications for the reporting person's personal financial planning but is unlikely to have a direct impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 10/08/2024 | Date of the unit transfer to the revocable trust |
| 10/10/2024 | Date of signature for the Form 4 filing |
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