Form 4: DNOW Inc. Executive Fanny R. Surratt Sells 3,500 Shares
SEC Form 4
Fanny R. Surratt, a Vice President at DNOW Inc., sold 3,500 shares of common stock at a price of $12.66 per share on August 12, 2024.
Summary
- On August 12, 2024, Fanny R. Surratt, a Vice President at DNOW Inc., sold 3,500 shares of the company's common stock.
- The sale price was $12.66 per share.
- Following the transaction, Surratt directly owns 43,648 shares of DNOW Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine Form 4 filing, disclosing a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of the stock sale transaction |
| 08/13/2024 | Date of signature by attorney-in-fact |
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