Form 4: Director Terry Bonno Increases Stake in DNOW Inc.
Statement of Changes in Beneficial Ownership
Director Terry Bonno acquired 12,122 shares of DNOW Inc. common stock on May 20, 2026.
Summary
- Director Terry Bonno acquired 12,122 shares of DNOW Inc. common stock.
- The transaction was executed on May 20, 2026.
- The acquisition price was $0, indicating these were likely granted as part of director compensation.
- Following this transaction, the director's total beneficial ownership increased to 124,994 shares.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as it reflects standard director compensation and increased insider skin-in-the-game.
Positives
- Director demonstrates increased alignment with shareholder interests through higher equity ownership.
- Total beneficial ownership increased to 124,994 shares.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that director equity grants are standard practice for aligning board member incentives with long-term corporate performance in the energy distribution and supply chain sector.
Comparison to Industry Standards
- The acquisition of equity by board members is consistent with standard corporate governance practices for publicly traded companies in the industrial sector.
Stakeholder Impact
- Positive signal for shareholders as it indicates director commitment to the company.
Next Steps
- None mentioned.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the equity acquisition transaction. |
| 05/22/2026 | Date the Form 4 was signed and filed. |
Keywords
DNOW, Insider Trading, Form 4, Director Ownership, Equity Compensation
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