---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-274559"
form_type: "8-K"
ticker: "CNM"
cik: "0001856525"
company_name: "Core & Main, Inc."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:43:14.040513+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CD&R selling 19M shares of Core & Main at $30.44 in secondary offering

## Summary
- Selling stockholders (CD&R funds) offer 19M Class A shares at $30.44/share; underwriter has 30-day option to buy 2.85M more.
- Concurrent redemption of 5M partnership interests and purchase of 3.13M Class A shares from CD&R by the company.
- Company receives no proceeds; all cash from sale goes to selling stockholders.
- Offering represents a significant reduction of CD&R's stake in Core & Main.

## SEC filing metadata
- accession: 0001193125-23-274559
- form_type: 8-K
- ticker: CNM
- cik: 0001856525
- company_name: Core & Main, Inc.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856525/000119312523274559/0001193125-23-274559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856525/000119312523274559/d584397d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-274559
- JSON: https://secwatch.observer/filing/0001193125-23-274559.json
- Plain text: https://secwatch.observer/filing/0001193125-23-274559.txt

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