ALARIO RICHARD J 4
Research Summary
AI-generated summary
DNOW Director Richard J. Alario Receives 17,122‑Share Award
What Happened
- Richard J. Alario, a director of DNOW Inc. (DNOW), was granted/acquired 17,122 shares on May 20, 2026. The reported transaction is coded as an award/grant (A) and shows an acquisition price of $0.00, indicating the shares were issued as compensation rather than an open‑market purchase.
Key Details
- Transaction date: 2026-05-20
- Transaction type/code: Award/Grant (A)
- Shares acquired: 17,122
- Reported price: $0.00 (award)
- Form 4 filed: 2026-05-22 — filed within two business days (timely)
- Shares owned after transaction: not specified in the provided excerpt
- Footnotes/plan references: none provided in the excerpt
Context
- Code A transactions are typically compensation grants (e.g., restricted stock or RSUs) and often carry vesting conditions; they reflect company compensation practices more than immediate market sentiment. Awards differ from open‑market purchases (which can be viewed as a stronger bullish signal) and from gifts or sales. This filing appears to be a routine director compensation grant and was reported on time.