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sellModerate cluster of 3

Raymond W Chang sold $1.3M of DNOW

VP and General Counsel at DNOW Inc.. 93,284 shares at an average of $13.51, traded May 14, 2024, filed May 16, 2024.

Warning score
45
Value
$1.3M
93,284 shares
Holdings after
283,837
-25% from before
From 52-week low
+54%
low $8.89, close $13.71
From 52-week high
-11%
high $15.43, as of May 14, 2024

Score components

  • Role
    Officer
    +15
  • Trade size
    $1.3M at market
    +25
  • Share of holdings sold
    Sold 25% 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.

This signal so far: 1m -6.6%, 3m -8.6%, 6m +4.2%.

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 13, 2026 · close 15.37
Since filing May 16, 2024: +9.8%SPY +51.5% · excess -41.7%

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 0000950170-24-061069, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
May 14, 2024MOption exercise
Common stock
+93,284$9.90$924k377,121May 16, 2024
May 14, 2024SOpen-market sale
Common stock
-93,284$13.51$1.3M283,837May 16, 2024
May 14, 2024MOption exercise
Non-Qualified Stock Option (Right to Buy)derivative
-93,284$0.00$00May 16, 2024

Related signals

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

ScoreCompanyInsiderValueHoldingsFiled
45Moderate
DNOWsell 3
DNOW Inc.
Raymond W Chang
VP and General Counsel
$1.3M
76,238 shares
-19%
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%
21Weak
DNOWsell
DNOW Inc.
Fanny R. Surratt
See Remarks
$44k
3,500 shares
-7%
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