DNOW (DNOW) officer logs share award and tax withholding transactions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DNOW Inc. officer Mark B. Johnson reported equity compensation activity in common stock. He received a grant or award of 20,999 shares for no cash consideration upon satisfaction of performance criteria. To cover tax withholding on vesting of restricted and performance shares, 12,264 shares and 8,264 shares were disposed of at $13.23 per share through share withholding, a non‑open‑market method. Following these transactions, he directly owned 228,546 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Johnson Mark B
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock | 12,264 | $13.23 | $162K |
| Grant/Award | Common stock | 20,999 | $0.00 | -- |
| Tax Withholding | Common stock | 8,264 | $13.23 | $109K |
Holdings After Transaction:
Common stock — 215,811 shares (Direct)
Footnotes (1)
- Represents the number of shares withheld from the vesting of restricted shares to satisfy tax withholding liability. These shares were received for no consideration upon the satisfaction of performance criteria underlying an award of performance shares. Represents the number of shares withheld from the vesting of performance award shares to satisfy tax withholding liability.
FAQ
What did DNOW (DNOW) insider Mark B. Johnson report in this Form 4?
Mark B. Johnson reported equity compensation-related transactions in DNOW common stock. He received 20,999 shares as a performance-based award and had shares withheld to cover tax liabilities on vesting of restricted and performance share awards.
Were any of Mark B. Johnson’s DNOW (DNOW) transactions open-market sales?
The Form 4 shows no open-market sales. The two “F” coded transactions represent shares withheld from vesting of restricted and performance shares to satisfy tax withholding obligations, not discretionary market sales of DNOW stock.