Form 4: DNOW Inc. Executive Kelly T. Munson Reports Share Transactions

Kelly T. Munson, a DNOW Inc. executive, reports the acquisition and disposal of company shares related to vesting of restricted and performance shares.

Summary

• On February 22, 2025, Kelly T. Munson, Chief Administrative & Information Officer of DNOW Inc., reported transactions involving DNOW common stock.
• Munson disposed of 11,604 shares at $17.43 to cover tax liabilities related to vesting restricted shares.
• Munson also disposed of 14,155 shares at $17.43 to cover tax liabilities related to vesting performance award shares.
• Additionally, Munson acquired 35,967 shares upon the satisfaction of performance criteria underlying an award of performance shares.
• Following these transactions, Munson directly owns 125,183 shares and indirectly owns 156 shares through a 401k.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to executive compensation and tax obligations.

Positives

• Munson's acquisition of 35,967 shares indicates the satisfaction of performance criteria, which could be viewed positively.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments.

Key Dates