Monitor for actual sales filings (Form 4) over the next three months to confirm execution. Given the former director status and lack of recent executive role, market impact is likely limited unless accompanied by broader insider activity.
Price Chart
Executive Summary
Stephen O. LeClair, a former director of Core & Main, Inc., filed a Form 144 to notify intent to sell up to 400,000 shares of Class A common stock, valued at approximately $20.3 million based on current market prices. The shares originated from an equity incentive award and are being transferred via a revocable trust, with sales planned to occur within three months of the filing.
Key Facts
- Reporting owner: Stephen O. LeClair, former director of CNM
- Number of shares: 400,000 Class A common stock
- Approximate value: $20.3 million (based on $50.79/share implied from filing data)
- Shares sourced from equity incentive award through Core & Main Mgmt Feeder LLC
- Sales to be executed by S O LeClair Revocable Trust Dated 05/12/23, Stephen O. LeClair as Trustee
- Filing date: April 20, 2026; shares acquired January 16, 2025
Financial Impact
Up to $20.3 million in potential insider selling
Risk Factors
- Potential short-term downward pressure if large blocks are sold rapidly
- Perception of negative sentiment if sales occur near earnings or guidance updates
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001968582-26-000374 |
| Document: 0001968582-26-000374-index.html | 0001968582-26-000374 |
| Document: 0001968582-26-000374.txt | 0001968582-26-000374 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 9, 2026 6w ago | 8-K | $41.60 | awaiting T+60 | — | $42.38 (+1.88%) |
Jul 16, 2026 14w ago | Institutional Cluster | $45.24 $40.67 | ▲ +10.10% | ▲ +14.78% | $42.38 (+6.32%) |
Jul 8, 2026 15w ago | Insider Buy | $45.21 $41.35 | ▼ −8.54% | ▼ −10.17% | $42.38 (−6.26%) |
Jun 25, 2026 17w ago | 8-K | $49.14 $43.06 | ▼ −12.37% | ▼ −18.48% | $42.38 (−13.76%) |
Jun 22, 2026 18w ago | 8-K | $47.25 $41.08 | ▼ −13.06% | ▼ −14.80% | $42.38 (−10.31%) |
Jun 10, 2026 19w ago | 8-K | $49.44 $43.98 | ▼ −11.04% | ▼ −17.62% | $42.38 (−14.28%) |
May 7, 2026 24w ago | DEFA14A | $49.66 $45.75 | ▼ −7.87% | ▼ −11.71% | $42.38 (−14.66%) |
Apr 20, 2026 27w ago | 144 | $49.73 $45.78 | ▼ −7.94% | ▼ −14.84% | $42.38 (−14.78%) |
Apr 15, 2026 27w ago | 144 | $51.97 $44.74 | ▼ −13.91% | ▼ −20.96% | $42.38 (−18.45%) |
Apr 10, 2026 28w ago | 8-K | $51.45 $45.75 | ▼ −11.08% | ▼ −21.41% | $42.38 (−17.63%) |
US Market Status
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