Giles Jeffrey D 4
4 · Core & Main, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Core & Main (CNM) EVP Jeffrey D. Giles Receives RSU & Option Award
What Happened
Jeffrey D. Giles, Executive Vice President, Corporate Development of Core & Main, was granted two forms of equity awards on March 12, 2026: 3,021 restricted stock units (RSUs) and a derivative award of 21,585 stock options (both recorded as acquisition code "A"). Both awards show a grant price of $0.00 at issuance; the reported dollar value at grant is $0. These awards do not represent open‑market purchases or sales.
Key Details
- Transaction date: March 12, 2026 (Form 4 filed March 13, 2026). Transaction code: A (award/grant).
- Awards: 3,021 RSUs (F1) and 21,585 stock options/derivative units (F2). Grant price reported: $0.00.
- Vesting: Both the RSUs and the options vest in three equal annual installments on March 11, 2027, March 11, 2028 and March 11, 2029 (per footnotes).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: Filed the day after the grant date (no late filing indicated in the provided data).
- Notes: F1 describes RSUs as a contingent right to one share each; F2 notes the option vesting schedule.
Context
These are compensation awards (grants) that vest over time and do not indicate an immediate purchase or sale of shares. The $0 grant price is typical for RSUs and some option/award grants; the ultimate value depends on Core & Main’s future stock price and vesting conditions.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-12+3,021→ 9,681 total - Award
Options (Rights to Buy)
[F2]2026-03-12+21,585→ 21,585 totalExercise: $47.63Exp: 2036-03-12→ Class A Common Stock (21,585 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of Class A common stock of the Issuer. The RSUs vest in three equal annual installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the terms of the associated Participant Restricted Stock Unit Agreement.
- [F2]The options vest in three equal installments on March 11, 2027, March 11, 2028 and March 11, 2029, subject to the terms of the associated Participant Stock Option Agreement.