LeClair Stephen O

Executive Chair LeClair sold 125,000 shares (63.9% of holdings) for $7.8M at peak price

Stephen O LeClair, Executive Chair of Core & Main, executed two separate sales totaling 125,000 shares for $7,767,601.41 on July 3–7, 2025, reducing his stake from 195,7K to 70.7K shares. The sales occurred at a blended average price of $62.14, at the company's current 52-week high of $62.41, and the stock has appreciated 4.6% in 30 days and 27.2% in 90 days since the filings. At the same ticker, LeClair's prior three sales show a mixed timing record: one of three was well-timed at the 90-day mark; his most recent CNM sale (December 2024) declined 6.5% in 30 days and 10.2% in 90 days, while his two earlier CNM sales preceded gains of 12.4%–40.9% over 90 days. The company reports strong fundamentals—$1.9B quarterly revenue, $100.0M net income, and 11.0% annual growth—but trades at a P/E of 29.16, significantly above the broader market average, which may constrain upside.

CEO Stephen O. LeClair sold 200,000 CNM shares at $54.88; holdings reduced 68.4% to 92,349 shares.

LeClair, Chief Executive Officer of Core & Main, executed a substantial sale of 200,000 shares on 2024-12-03 at $54.88, generating $10,976,180.00 in proceeds and reducing his shareholdings by 68.4% to 92,349 shares. The transaction occurred while CNM traded near the top of its 52-week range ($36.00–$62.03) and 12.0% below the 52-week high, amid a 30-day rally of +22.1%. Across his prior two sales at Core & Main (2024-01-11 and 2024-02-12), the stock subsequently gained 40.9% and 36.0% respectively in the 90-day period following each sale, yielding a 0% well-timed rate at the 90-day mark for same-ticker history. The company's fundamentals show modest revenue growth of +0.8% year-over-year, a trailing P/E of 25.40, and net income of $133,000,000.00 on quarterly revenue of $2,038,000,000.00. The filing contains a derivative-conversion transaction (Table II not yet populated in database); this sale represents a discrete batch reduction, not a complete position exit.