NOV (NYSE: NOV) CAO has 869 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOV Inc. executive Christy Lynn Novak, VP, Corporate Controller and Chief Accounting Officer, had 869 shares of Common Stock withheld on March 20, 2026 to cover tax liabilities from vesting time-based restricted stock units granted on March 20, 2025. This tax-withholding disposition was priced at $18.68 per share and was not an open-market sale. After this routine withholding, Novak directly holds 102,561 shares of NOV common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Novak Christy Lynn
Role
VP, Corp. Controller, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 869 | $18.68 | $16K |
Holdings After Transaction:
Common Stock — 102,561 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did NOV (NOV) report for Christy Lynn Novak?
NOV reported a routine tax-withholding transaction for executive Christy Lynn Novak. 869 Common Stock shares were withheld to satisfy taxes on vesting restricted stock units, rather than sold in the open market, reflecting standard equity compensation treatment.
What role does Christy Lynn Novak hold at NOV (NOV)?
Christy Lynn Novak serves as NOV’s Vice President, Corporate Controller, and Chief Accounting Officer. The reported Form 4 transaction reflects a tax-withholding event related to her equity compensation, not a discretionary trade in NOV common stock.