Welcome to our dedicated page for Now SEC filings (Ticker: DNOW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The DNOW Inc. (NYSE: DNOW) SEC filings page on Stock Titan provides a centralized view of the company’s regulatory disclosures, including current reports, financial statements and transaction-related documents. DNOW files a variety of reports with the U.S. Securities and Exchange Commission, and these filings offer detailed insight into its operations as an energy and industrial products supplier and distributor.
Among the most significant recent filings are a series of Form 8-K current reports describing DNOW’s all-stock acquisition of MRC Global Inc.. These 8-Ks outline the Agreement and Plan of Merger, stockholder approvals, regulatory milestones under the Hart-Scott-Rodino Act, supplemental proxy disclosures and, on November 6, 2025, the completion of the transaction and the related delisting of MRC Global’s stock from the New York Stock Exchange. Other 8-Ks furnish DNOW’s quarterly earnings press releases and describe governance changes, such as board expansion and the appointment of a new chief accounting officer.
DNOW’s filings also include information on its Amended and Restated Credit Agreement, which extends the maturity of its asset-based lending facility and defines the borrowing base using eligible receivables, inventory and rental equipment assets. Financial statement exhibits and segment tables provide detail on revenue by United States, Canada and International segments, as well as reconciliations between GAAP and non-GAAP measures like EBITDA excluding other costs and free cash flow.
On Stock Titan, these SEC filings are updated as they are released on EDGAR and are paired with AI-powered summaries that explain the key points of lengthy documents such as 8-Ks, 10-K annual reports, 10-Q quarterly reports and Form 4 insider transaction filings. The goal is to help readers quickly understand DNOW’s reported results, capital structure changes, merger activity and governance disclosures without having to parse every page of the underlying documents.
Cherechinsky David A reported acquisition or exercise transactions in this Form 4 filing.
DNOW Inc. director and President and CEO David A. Cherechinsky received an equity grant of 203,603 shares of common stock on 2026-02-23. The award was reported at a price of $0.0000 per share, reflecting a grant or award rather than an open-market purchase. Following this grant, his directly owned common stock holdings totaled 1,163,864 shares.
DNOW Inc. director and officer David A. Cherechinsky reported equity-related transactions in common stock tied to restricted and performance share awards. On February 20, 2026, he disposed of 52,558 shares and 35,414 shares at $13.23 per share through tax-withholding dispositions related to vesting awards. He also acquired 89,995 shares for no cash consideration upon satisfaction of performance criteria under a performance share award. After these transactions, his directly held common stock positions reported in the filing increased compared with the prior award vesting, reflecting the net impact of award settlement and related tax withholding.
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.
DNOW Inc. officer Kelly T. Munson reported equity-compensation related transactions in DNOW common stock. On February 20, 2026, Munson received 15,000 shares at $0.0000 per share as a grant upon satisfaction of performance criteria, increasing directly held stock. On the same date, DNOW withheld 8,760 shares and 5,903 shares at $13.23 per share from vesting restricted and performance awards to cover tax liabilities. After these transactions, Munson directly owned 143,262 DNOW shares, with an additional 156 shares held indirectly through a 401(k) plan.
DNOW Inc. officer Raymond W. Chang reported equity compensation activity in company common stock. He received a grant of 20,999 shares at no cost upon satisfaction of performance criteria, while 12,533 and 8,264 shares were withheld to cover tax liabilities on vesting of restricted and performance shares.
DNOW Inc. reported fourth-quarter and full-year 2025 results and highlighted the completed merger with MRC Global Inc. Full-year 2025 revenue reached $2.82 billion, up from $2.37 billion in 2024, reflecting growth across its energy and industrial distribution business.
Despite higher revenue, DNOW posted a full-year GAAP net loss of $89 million versus net income of $78 million in 2024, largely driven by fourth-quarter charges that contributed to a quarterly net loss of $147 million. Inventory-related transaction charges, LIFO impacts, and other merger-related items weighed on reported profitability.
On an adjusted basis, 2025 was DNOW’s strongest year, with Adjusted EBITDA of $209 million, or 7.4% of revenue, matching the prior year’s margin, and adjusted net income of $104 million compared with $100 million in 2024. Adjusted diluted EPS was $0.86 versus $0.91 a year earlier. Following the merger, total assets rose to $3.92 billion and Net Debt was $247 million, implying a net debt leverage ratio of 1.2x based on trailing twelve months Adjusted EBITDA. Management noted ERP transition challenges at the U.S. MRC Global business but emphasized ongoing integration efforts and expected synergy realization over time.
Wellington Management Group and related entities disclosed a significant ownership position in NOW Inc.12/31/2025, they reported beneficial ownership of 10,813,205 shares, representing about 5.8% of the outstanding shares.
The group reports no sole voting or dispositive power, but shared voting power over 9,468,624 shares and shared dispositive power over 10,813,205 shares. The securities are held on behalf of investment advisory clients in the ordinary course of business and are not held to change or influence control of NOW Inc.
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.
The Vanguard Group filed an amended Schedule 13G/A reporting a 10.5% stake in DNOW Inc. common stock. Vanguard reports beneficial ownership of 19,498,204 shares as of 12/31/2025, with shared voting power over 1,434,304 shares and shared dispositive power over all 19,498,204 shares.
Vanguard states the holdings are in the ordinary course of business and not for influencing control of DNOW. It notes that, following an internal realignment on January 12, 2026, certain subsidiaries or business divisions may report beneficial ownership separately, and that its clients have rights to dividends and sale proceeds, with no single client holding more than 5% of the class.
DNOW Inc. filed an amended current report to add detailed financial information related to its completed acquisition of MRC Global Inc. and its subsidiaries. The amendment supplements a prior report from November 6, 2025 by providing MRC Global’s audited consolidated financial statements for the years ended December 31, 2024, 2023 and 2022, along with interim unaudited condensed consolidated financial statements as of and for the nine months ended September 30, 2025 and 2024.
DNOW also included unaudited pro forma condensed combined financial information showing how the combined company’s balance sheet and statements of comprehensive income would look as of September 30, 2025 and for the year ended December 31, 2024 and the nine months ended September 30, 2025. Other disclosures from the original report remain unchanged.