This is a routine post-affiliation sale notification by a former director; no immediate red flag, but traders should monitor for actual execution of the sale, which could signal sentiment. Given the company's $10.5B market cap, the transaction is not dilutive and has minimal market impact unless part of a broader insider trend.
Price Chart
Executive Summary
Stephen LeClair, a former director of Core & Main, Inc., filed a Form 144 to notify intent to sell up to 315,447 shares of Class A common stock. The sale, if executed, would occur through Fidelity Brokerage Services LLC on the NYSE.
Key Facts
- Reporting person: Stephen O. LeClair, former director of Core & Main, Inc.
- Number of shares proposed for sale: 315,447 shares of Class A common stock
- Filing date: April 15, 2026
- Broker: Fidelity Brokerage Services LLC
- Exchange: NYSE
- Method of sale: Not specified in filing, but standard under Rule 144
- Holding status: Former director — no current executive or board role
Financial Impact
Approximately $16.8 million based on current market price ($53.25 per share), representing a full disposition of reported holdings under this filing.
Risk Factors
- Perception of negative sentiment if sale proceeds near-term, especially if not previously anticipated
- Potential for increased selling pressure if other insiders follow
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-002925 |
| Document: 0001959173-26-002925-index.html | 0001959173-26-002925 |
| Document: 0001959173-26-002925.txt | 0001959173-26-002925 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 6w ago | 8-K | $41.60 | awaiting T+60 | — | $42.11 (+1.23%) |
Jul 16, 2026 14w ago | Institutional Cluster | $45.24 $40.67 | ▲ +10.10% | ▲ +14.78% | $42.11 (+6.92%) |
Jul 8, 2026 15w ago | Insider Buy | $45.21 $41.35 | ▼ −8.54% | ▼ −10.17% | $42.11 (−6.86%) |
Jun 25, 2026 17w ago | 8-K | $49.14 $43.06 | ▼ −12.37% | ▼ −18.48% | $42.11 (−14.31%) |
Jun 22, 2026 18w ago | 8-K | $47.25 $41.08 | ▼ −13.06% | ▼ −14.80% | $42.11 (−10.88%) |
Jun 10, 2026 19w ago | 8-K | $49.44 $43.98 | ▼ −11.04% | ▼ −17.62% | $42.11 (−14.83%) |
May 7, 2026 24w ago | DEFA14A | $49.66 $45.75 | ▼ −7.87% | ▼ −11.71% | $42.11 (−15.20%) |
Apr 20, 2026 27w ago | 144 | $49.73 $45.78 | ▼ −7.94% | ▼ −14.84% | $42.11 (−15.32%) |
Apr 15, 2026 27w ago | 144 | $51.97 $44.74 | ▼ −13.91% | ▼ −20.96% | $42.11 (−18.97%) |
Apr 10, 2026 28w ago | 8-K | $51.45 $45.75 | ▼ −11.08% | ▼ −21.41% | $42.11 (−18.15%) |
US Market Status
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