DNOW (DNOW) VP and CAO has 834 shares withheld for tax liability
Rhea-AI Filing Summary
DNOW Inc. VP and Chief Accounting Officer Gillian Anderson reported a disposition of 834 shares of common stock at $11.29 per share on March 12, 2026. The shares were withheld from the vesting of restricted stock to cover tax obligations, and she now directly holds 69,597 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 834 shares
Net Sell
1 txn
Insider
Anderson Gillian
Role
VP and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock | 834 | $11.29 | $9K |
Holdings After Transaction:
Common stock — 69,597 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares withheld from vesting of restricted shares to satisfy tax withholding liability.
FAQ
What insider transaction did DNOW (DNOW) report for Gillian Anderson?
DNOW reported that VP and CAO Gillian Anderson had 834 shares of common stock withheld on March 12, 2026. The disposition was to satisfy tax withholding related to vesting restricted shares, not an open-market sale, and reflects routine compensation-related activity.
Was the DNOW (DNOW) insider transaction an open-market sale?
No, the 834-share disposition by Gillian Anderson was not an open-market sale. The filing states the shares were withheld from vesting restricted stock to satisfy tax withholding liability, a standard non-market mechanism tied to equity compensation rather than discretionary trading.
What role does Gillian Anderson hold at DNOW (DNOW)?
Gillian Anderson is identified as a vice president and Chief Accounting Officer at DNOW Inc. Her position explains why she receives restricted stock that vests over time, and why the company withholds shares to cover associated tax liabilities when those awards vest.
AI-generated analysis. How Rhea-AI works. Not financial advice.