Anderson Gillian 4

What Happened
Gillian Anderson, Vice President and Chief Accounting Officer of DNOW Inc. (DNOW), had 834 restricted shares withheld to cover tax withholding associated with vesting. The withholding occurred on 2026-03-12 at an implicit value of $11.29 per share, for a total of $9,416. This was a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-12; Form 4 filed 2026-03-13 (timely filing).
• Transaction type/code: Payment of tax liability / withholding (F).
• Shares withheld: 834 shares at $11.29 each = $9,416 (disposed to satisfy taxes).
• Shares owned after transaction: Not reported in this filing.
• Footnote: F1 — shares were withheld from vesting of restricted shares to satisfy tax withholding liability.
• Filing timeliness: Reported the next day; no late-filing indication.

Context
Withholding shares to meet tax obligations is a routine administrative action when restricted stock vests and generally does not signal a deliberate market sale by the insider. For investors, purchases or open-market sales usually convey stronger behavioral signals than tax-withholding dispositions like this one.