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sellModerate cluster of 3

Raymond W Chang sold $1.3M of DNOW

VP and General Counsel at DNOW Inc.. 76,238 shares at an average of $16.98, traded Aug 10, 2026, filed Aug 12, 2026.

Warning score
45
Value
$1.3M
76,238 shares
Holdings after
360,388
-19% from before
From 52-week low
+50%
low $11.12, close $16.65
From 52-week high
-1%
high $16.87, as of Aug 10, 2026

Score components

  • Role
    Officer
    +15
  • Trade size
    $1.3M at market
    +25
  • Share of holdings sold
    Sold 19% of holdings
    +5
  • Cluster
    3 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

DNOWOct 12, 2026 · close 15.18
Since filing Aug 12, 2026: -9.9%SPY +1.0% · excess -10.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001193125-26-346809, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Aug 10, 2026MOption exercise
Common stock
+43,621$9.53$416k404,009Aug 12, 2026
Aug 10, 2026SOpen-market sale
Common stock
-43,621$16.98$741k360,388Aug 12, 2026
Aug 10, 2026MOption exercise
Common stock
+32,617$10.26$335k393,005Aug 12, 2026
Aug 10, 2026SOpen-market sale
Common stock
-32,617$16.98$554k360,388Aug 12, 2026
Aug 10, 2026MOption exercise
Non-Qualified Stock Option (Right to Buy)derivative
-43,621$0.00$00Aug 12, 2026
Aug 10, 2026MOption exercise
Non-Qualified Stock Option (Right to Buy)derivative
-32,617$0.00$00Aug 12, 2026

Related signals

Other insiders at DNOW Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
55Moderate
DNOWsell 3
DNOW Inc.
David A Cherechinsky
President and CEO
$4.3M
256,142 shares
-21%
50Moderate
DNOWsell 3
DNOW Inc.
Mark B Johnson
See Remarks
$1.9M
112,841 shares
-36%
11Weak
DNOWsell
DNOW Inc.
Kelly T. Munson
See Remarks
$175k
10,000 shares
-8%
41Moderate
DNOWsell
DNOW Inc.
Paul M Coppinger
director
$395k
26,186 shares
-32%
41Moderate
DNOWsell
DNOW Inc.
Paul M Coppinger
director
$402k
26,186 shares
-32%
45Moderate
DNOWsell 3
DNOW Inc.
Raymond W Chang
VP and General Counsel
$1.3M
93,284 shares
-25%
55Moderate
DNOWsell 3
DNOW Inc.
David A Cherechinsky
President and CEO
$1.7M
123,881 shares
-14%
40Moderate
DNOWsell 3
DNOW Inc.
Mark B Johnson
See remarks
$635k
47,015 shares
-21%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Raymond W Chang sold $1.3M of DNOW | InsiderTell