NOV executive has 869 shares withheld for taxes

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.

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.

Insider Trade Summary

Exercise Price or Tax Liability: 869 shares

Exercise Price or Tax Liability 1 txn

Insider Novak Christy Lynn

Role VP, Corp. Controller, CAO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	869	$18.68	$16K

Holdings After Transaction: Common Stock — 102,561 shares (Direct)

Footnotes (1)

1. F1. Represents the number of shares withheld from the vesting of time-based restricted stock units (granted on March 20, 2025) to satisfy tax withholding liability.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

Was the NOV (NOV) insider transaction an open-market sale of shares?

No, the transaction was not an open-market sale. 869 shares were withheld by NOV at $18.68 per share to cover tax liabilities from vesting restricted stock units, a common administrative step in equity compensation programs.

How many NOV (NOV) shares does Christy Lynn Novak hold after this transaction?

Following the tax-withholding disposition, Christy Lynn Novak directly holds 102,561 shares of NOV common stock. This indicates the withheld 869 shares represent a small portion of her overall equity position with the company.

What triggered the tax-withholding share disposition for NOV (NOV)?

The disposition was triggered by the vesting of time-based restricted stock units granted on March 20, 2025. When these units vested, 869 shares were withheld to satisfy tax obligations tied to that vesting event, as described in the footnote.

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.

At what price were the NOV (NOV) shares withheld for taxes?

The 869 NOV Common Stock shares withheld to cover tax liability were valued at $18.68 per share. This price is used for calculating the tax-withholding amount when time-based restricted stock units vest and shares are delivered.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/24/2026 - 10:19 AM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Novak Christy Lynn

(Last) (First) (Middle)

10353 RICHMOND AVE.

(Street)

HOUSTON TEXAS 77042

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NOV Inc. [ NOV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Corp. Controller, CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/20/2026		F		869(1)	D	$18.68	102,561	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the number of shares withheld from the vesting of time-based restricted stock units (granted on March 20, 2025) to satisfy tax withholding liability.

	By: Peter F. Vranderic For: Christy H. Novak	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)