DNOW Inc. (DNOW) director Galen Cobb receives 12,122-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cobb Galen reported acquisition or exercise transactions in this Form 4 filing.
DNOW Inc. director Galen Cobb received a stock award of 12,122 shares of common stock as compensation, rather than buying them in the market. The award was granted at no cash cost per share. After this grant, Cobb directly holds a total of 122,594 DNOW common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cobb Galen
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 12,122 | $0.00 | -- |
Holdings After Transaction:
Common stock — 122,594 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 12,122 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 122,594 shares
+2 more
5 metrics
Shares granted
12,122 shares
Common stock grant to director Galen Cobb
Grant price per share
$0.0000 per share
Compensation-related stock award, no cash cost
Shares held after transaction
122,594 shares
Cobb’s direct DNOW common stock holdings post-grant
Transaction date
2026-05-20
Date of common stock award to Galen Cobb
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
Grant, award, or other acquisition, Common stock, non-derivative
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common stock financial
"security_title: Common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did DNOW (DNOW) disclose for Galen Cobb?
DNOW disclosed that director Galen Cobb received a grant of 12,122 shares of common stock. This was a compensation-related award at no cash cost per share, increasing his direct holdings to 122,594 shares after the transaction.
Was the DNOW Galen Cobb transaction a stock purchase or an award?
The DNOW transaction for Galen Cobb was a grant or award of 12,122 common shares, not an open-market stock purchase. The Form 4 classifies it as a non-derivative award acquired at a price of $0.0000 per share.
What is the transaction code used in Galen Cobb’s DNOW Form 4?
The transaction is coded “A” in the Form 4, indicating a grant, award, or other acquisition. It represents 12,122 shares of DNOW common stock awarded as compensation rather than being bought on the open market.
Does Galen Cobb’s DNOW stock award involve derivative securities?
No, the transaction involves non-derivative common stock only. The Form 4 classifies the 12,122-share grant as a non-derivative acquisition, and the derivative section of the filing shows no associated option or warrant positions for this transaction.