[Form 4] DNOW Inc. Insider Trading Activity
DNOW Inc. executive reports tax-related share withholding and updated equity holdings.
Rhea-AI Filing Summary
DNOW Inc. executive reports tax-related share withholding and updated equity holdings. VP and Chief Accounting Officer Gillian Anderson had 1,247 shares of common stock withheld on February 7, 2026, coded as an "F" transaction, at a price of $16.76 per share to cover tax obligations from restricted stock vesting.
After this withholding, Anderson beneficially owns 51,705 shares of DNOW common stock, held directly. This total includes 19,971 restricted stock units received in connection with the closing of a merger involving DNOW and MRC Global Inc. These RSUs vest in two tranches, with 12,864 vesting on February 7, 2027 and 7,107 vesting on March 12, 2028, contingent on continued service and subject to possible accelerated vesting in certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 1,247 | $16.76 | $21K |
Footnotes (2)
- F1. Represents the number of shares withheld from the vesting of restricted shares to satisfy tax withholding liability.
- F2. Includes an additional 19,971 restricted stock units ("RSUs") which were received by the reporting person in connection with the closing of the transactions contemplated by the agreement and plan of merger, dated June 26, 2025, by and between the Issuer, MRC Global Inc. and the other parties thereto. Each RSU entitles the reporting person to receive one share of common stock upon vesting on the following schedule: (i) 12,864 RSUs vest on February 7, 2027 and (ii) 7,107 RSUs vest on March 12, 2028, with each vesting conditioned on the reporting person's continued service with the issuer and subject to accelerated vesting under certain circumstances.
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