Richard Alario has had notable fluctuations in his stock holdings during his time with DNOW. As of June 2020, he had phantom stock awards that had vested, valued at approximately $1.23 million. His total compensation in 2020 was $675,231, which...
Richard Alario has had notable fluctuations in his stock holdings during his time with DNOW. As of June 2020, he had phantom stock awards that had vested, valued at approximately $1.23 million. His total compensation in 2020 was $675,231, which primarily consisted of his salary, as he did not receive any bonuses or stock options due to performance not meeting the threshold. In 2019, his reported compensation was significantly higher at $2.99 million due to the inclusion of housing allowances and phantom stock. At one point, his vested phantom stock totaled about 208,877 shares. This emphasizes how his wealth was largely tied to the company's stock value, showcasing both potential risks and rewards inherent in executive compensation schemes.