Form 4: Core & Main GC Sells Shares for Tax Withholding

Core & Main's General Counsel, Mark G. Whittenburg, disposed of 331 Class A Common Stock shares for tax withholding related to restricted stock unit vesting.

Summary

• Mark G. Whittenburg, General Counsel and Secretary of Core & Main, Inc. (CNM), reported a transaction involving the company's Class A Common Stock.
• On March 11, 2026, Mr. Whittenburg disposed of 331 shares of Class A Common Stock.
• The shares were disposed of at a price of $49.16 per share.
• This disposition represents shares withheld by Core & Main for tax withholding purposes upon the vesting of a portion of restricted stock units (RSUs) previously granted to Mr. Whittenburg.
• Following this transaction, Mr. Whittenburg directly beneficially owns 8,525 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation rather than a strategic move or a reflection of company performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings from restricted stock unit vesting, are common and generally not indicative of a change in management's confidence in the company's future, unlike open market sales.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, non-discretionary transaction for tax purposes.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Core & Main, CNM, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Mark Whittenburg