---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-237652"
form_type: "8-K"
ticker: "CNM"
cik: "0001856525"
company_name: "Core & Main, Inc."
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T13:54:50.695901+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Core & Main completes 18M share secondary offering at $29.015; ceases 'controlled company'

## Summary
- Selling stockholders sold 18,000,000 Class A shares at $29.015 each via underwriter J.P. Morgan.
- Company repurchased 3,750,873 Class A shares from CD&R sellers and redeemed 6M partnership interests.
- Post-transaction, Core & Main will no longer be a 'controlled company' under NYSE rules; one-year transition period.
- CD&R-affiliated selling stockholders' stake reduced; aggregate consideration ~$109M for share repurchase.

## SEC filing metadata
- accession: 0001193125-23-237652
- form_type: 8-K
- ticker: CNM
- cik: 0001856525
- company_name: Core & Main, Inc.
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856525/000119312523237652/0001193125-23-237652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856525/000119312523237652/d529973d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-237652
- JSON: https://secwatch.observer/filing/0001193125-23-237652.json
- Plain text: https://secwatch.observer/filing/0001193125-23-237652.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.