COPPINGER PAUL M 4

What Happened
Paul M. Coppinger, a director of DNOW Inc. (DNOW), was granted 12,122 shares on May 20, 2026. The Form 4 reports an acquisition (transaction code A) at $0.00 per share (i.e., an award/grant rather than a market purchase); the filing shows no cash value for the transaction itself.

Key Details

• Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-22).
• Transaction type/code: A (award/grant).
• Shares acquired: 12,122; reported price: $0.00 per share.
• Shares owned after transaction: not specified in the excerpt provided — check the full Form 4 for "Amount of Securities Owned Following Reported Transaction."
• Footnotes/plan details: none indicated in the provided summary (no 10b5-1 plan or tax-withholding entry shown).
• Timeliness: Filing date appears timely (filed two days after the transaction date).

Context
Grants like this are typically compensatory (e.g., restricted stock or RSUs) and reflect equity-based pay rather than an insider buying stock on the open market. Such awards dilute outstanding shares over time and signal routine compensation alignment with shareholders but do not by themselves indicate an insider's market view. For vesting, tax treatment, or sale restrictions, review the full Form 4 or the company’s proxy/compensation disclosures.