Robert J. Saltiel - 06 Nov 2025 Form 4 Insider Report for MRC GLOBAL INC. (MRC)

Reporting relationship: President and CEO, Director
Issuer ticker: MRC
Reported as of: 06 Nov 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 07 Nov 2025, 14:05:38 UTC
Prior SEC filing: 14 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ Ann D. Garnett, by power of attorney

Key filing fact

Robert J. Saltiel filed Form 4 for MRC GLOBAL INC. (MRC) on 07 Nov 2025.

Key facts

This page summarizes Robert J. Saltiel's Form 4 filing for MRC GLOBAL INC. (MRC).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 07 Nov 2025, 14:05.

Change

Previous filing in this sequence was filed on 14 Mar 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001434402 Primary reporting owner

Saltiel Robert J.

Relationship: President and CEO, Director
Address: 1301 MCKINNEY ST., SUITE 2300, HOUSTON
Signature: /s/ Ann D. Garnett, by power of attorney
Signature date: 07 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MRC transaction

Common Stock

Award

Transaction value
Shares: +677,677
Change %: +66%
Price
Shares after: 1,697,238
Date: 06 Nov 2025
Ownership: Direct
Footnotes: F1, F2

MRC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -677,677
Change %: -40%
Price
Shares after: 1,019,561
Date: 06 Nov 2025
Ownership: Direct
Footnotes: F1, F2

MRC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -271,462
Change %: -27%
Price
Shares after: 748,099
Date: 06 Nov 2025
Ownership: Direct
Footnotes: F3

MRC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -748,099
Change %: -100%
Price
Shares after: 0
Date: 06 Nov 2025
Ownership: Direct
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MRC transaction Derivative

Performance Share Unit

Disposed to Issuer

Transaction value
Shares: -161,080
Change %: -100%
Price
Shares after: 0
Date: 06 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F1, F2

MRC transaction Derivative

Performance Share Unit

Disposed to Issuer

Transaction value
Shares: -338,235
Change %: -100%
Price
Shares after: 0
Date: 06 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount
Exercise price
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Robert J. Saltiel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 footnotes

Footnote F1

On November 6, 2025, pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated June 26, 2025, by and among MRC Global Inc. (the "Issuer"), DNOW Inc. ("DNOW"), Buck Merger Sub, Inc. ("Merger Sub") and Stag Merger Sub, LLC ("LLC Sub"), Merger Sub merged with and into the Issuer (the "First Merger"), with the Issuer continuing as the surviving corporation in the First Merger (the time the First Merger becomes effective, the "Effective Time") and immediately following the First Merger, the Issuer merged with and into LLC Sub (the "Second Merger" and, together with the First Merger, the "Merger"), with LLC Sub continuing as the surviving company. Pursuant to the Merger Agreement, at the Effective Time, each outstanding performance share unit of the Issuer ("Company PSU") that was issued under the stock incentive plans of the Issuer that vests based on the achievement of performance metrics that was granted prior to February 2024 was canceled,

Footnote F2

(Continued from footnote 1) and the holder of such Company PSU became entitled to receive, in full satisfaction of the rights of such holder with respect thereto, the number of shares of the Issuer's common stock ("Company Common Stock") (rounded to the nearest share) subject to the Company PSU. Each such share of Company Common Stock was converted into the right to receive (i) 0.9489 shares of DNOW common stock per share of Company Common Stock, net any withholding taxes, and (ii) an amount in cash equal to the accrued but unpaid dividend equivalents. The number of shares of Company Common Stock subject to such Company PSU was deemed to be the number of shares subject to the Company PSU with performance deemed achieved.

Footnote F3

Pursuant to the Merger Agreement, at the Effective Time, each outstanding restricted stock unit of the Issuer issued under the stock incentive plans of the Issuer that vests solely based on the holders continue employment or services ("Company RSU") that was granted in February 2024 or later was canceled and converted into an award of restricted stock units of DNOW common stock. As a result of the Merger, the reporting person disposed of all previously reported Company RSUs that were granted in February 2024 or later.

Footnote F4

Pursuant to the Merger Agreement, at the Effective Time, each outstanding Company RSU that was granted prior to February 2024 became fully vested. Each share of the Company Common Stock subject to such Company RSU was converted into the right to receive (i) 0.9489 shares of DNOW common stock per share of Company Common Stock, net any withholding taxes, and (ii) an amount in cash equal to the accrued but unpaid dividend equivalents. As a result of the Merger, the reporting person disposed of all previously reported Company RSUs that were granted prior to February 2024. Pursuant to the Merger, each outstanding share of Company Common Stock was converted into the right to receive 0.9489 shares of common stock of DNOW. As a result of the Merger, the reporting person disposed of all shares of Company Common Stock previously reported.

Footnote F5

Pursuant to the Merger Agreement, at the Effective Time, each outstanding Company PSU that was issued under the stock incentive plans of the Issuer that vests based on the achievement of performance metrics that was granted in February 2024 or later was canceled and converted into an award of restricted stock units in respect of that number of shares of DNOW common stock (rounded to the nearest whole share) equal to the product of (1) the total number of shares of Company Common Stock subject to such Company PSU immediately prior to the Effective Time multiplied by (2) the right to receive 0.9489 shares of common stock of DNOW. The number of shares of Company Common Stock subject to such Company PSU was deemed to be the number of shares subject to the Company PSU with performance deemed achieved.