Cobb Galen 4

What Happened Galen Cobb, a director of DNOW Inc. (DNOW), reported receiving an award/acquisition of 12,122 shares on May 20, 2026. The Form 4 lists the acquisition price as $0.00 (total reported value $0), which typically indicates a share award or compensation grant rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-05-20; 12,122 shares acquired at $0.00 per share (Code A: award/grant).
• Shares owned after transaction: not specified/disclosed in the filing.
• Footnotes/plan details: none disclosed in the Form 4; filing does not specify vesting or transfer restrictions.
• Filing timeliness: Form 4 filed 2026-05-22 — within the standard two-business-day reporting window (timely).

Context An acquisition reported at $0.00 usually reflects company compensation (e.g., restricted stock units or director equity awards) rather than a cash purchase. Such awards compensate service and do not necessarily indicate the insider’s personal buying or selling sentiment. For retail investors, outright purchases are generally a clearer signal of personal bullishness; grants are important to track for dilution and insider compensation trends.