Core & Main (NYSE: CNM) director receives 580 restricted stock units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hardwick M Susan reported acquisition or exercise transactions in this Form 4 filing.
Core & Main, Inc. director Susan Hardwick reported a grant of 580 restricted stock units as part of her director compensation. The award carries no purchase price and will vest at the company’s annual meeting of shareholders to be held in 2026, then settle in shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hardwick M Susan
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 580 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 580 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 580 units
Grant price: $0.00 per unit
Holdings from award: 580 units
3 metrics
RSUs granted
580 units
Restricted stock units granted as director compensation
Grant price
$0.00 per unit
Non-cash equity award to director
Holdings from award
580 units
Total restricted stock units following transaction
Key Terms
restricted stock units, director compensation, annual meeting of shareholders
3 terms
restricted stock units financial
"Represents restricted stock units granted as director compensation."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
director compensation financial
"Represents restricted stock units granted as director compensation."
FAQ
What insider transaction did CNM director Susan Hardwick report?
Susan Hardwick reported receiving 580 restricted stock units as director compensation. These units were granted at no purchase price and represent a non-cash equity award that will convert into Class A common stock once vesting conditions are met at the 2026 annual meeting.
Is Susan Hardwick’s CNM transaction a stock purchase or a grant?
The transaction is a grant of restricted stock units, not an open-market stock purchase. It was awarded as director compensation at a stated price of $0.00 per unit, reflecting a non-cash equity incentive rather than a cash-funded share acquisition.
When will Susan Hardwick’s CNM restricted stock units vest?
The restricted stock units will vest upon the 2026 annual meeting of shareholders. At that time, the vested units are expected to be settled in shares of Class A common stock, assuming all standard vesting and service conditions have been satisfied by the director.