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Equity grant lifts NOV (NOV) director Melcher’s holdings to 34,956 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MELCHER PATRICIA B reported acquisition or exercise transactions in this Form 4 filing.

NOV Inc. director Patricia B. Melcher reported an equity award of 9,457 shares of Common Stock in the form of time-based restricted stock units under the NOV Inc. Long-Term Incentive Plan. These units vest on the first anniversary of the grant date. Following the award, her directly held Common Stock position is 34,956 shares, and a separate indirect holding of 100 shares is reported in an IRA account.

Positive

  • None.

Negative

  • None.
Insider MELCHER PATRICIA B
Role null
Type Security Shares Price Value
Grant/Award Common Stock 9,457 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 34,956 shares (Direct, null); Common Stock — 100 shares (Indirect, by IRA account)
Footnotes (1)
  1. [object Object]
Equity award size 9,457 shares Time-based restricted stock units granted on May 20, 2026
Direct holdings after grant 34,956 shares Common Stock directly held following the reported transaction
Indirect IRA holdings 100 shares Common Stock held indirectly by IRA account
Grant price per share $0.0000 per share Indicates non-cash compensation grant, not a market purchase
time-based restricted stock units financial
"An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
NOV Inc. Long-Term Incentive Plan financial
"pursuant to the NOV Inc. Long-Term Incentive Plan, which will vest on the first anniversary"
indirect ownership financial
"total_shares_following_transaction 100.0000, direct_or_indirect I, nature_of_ownership by IRA account"
Grant, award, or other acquisition financial
"transaction_code_description Grant, award, or other acquisition"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
MELCHER PATRICIA B
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026A9,457(1)A$034,956D
Common Stock100Iby IRA account
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan, which will vest on the first anniversary of the date of the grant.
By: Peter F. Vranderic For: Patricia B. Melcher05/22/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did NOV (NOV) director Patricia B. Melcher report?

Patricia B. Melcher reported receiving an equity award of 9,457 shares of NOV Inc. Common Stock as restricted stock units. The grant was made under the NOV Inc. Long-Term Incentive Plan and represents a compensation-related acquisition, not an open-market stock purchase or sale.

How many NOV (NOV) shares does Patricia B. Melcher hold after this Form 4?

After the reported grant, Patricia B. Melcher directly holds 34,956 shares of NOV Inc. Common Stock. In addition, the filing shows an indirect holding of 100 shares in an IRA account, giving investors a clearer picture of her total reported equity exposure.

What are the vesting terms of Patricia B. Melcher’s NOV (NOV) restricted stock units?

The 9,457 restricted stock units granted to Patricia B. Melcher will vest on the first anniversary of the grant date. This time-based vesting ties continued service to receipt of the underlying NOV Inc. Common Stock shares, aligning director compensation with longer-term company performance.

Was cash paid for Patricia B. Melcher’s 9,457 NOV (NOV) shares?

No cash was paid for these 9,457 shares; the Form 4 lists a price per share of $0.0000, indicating they were granted as compensation. The award represents a non-cash equity grant under the NOV Inc. Long-Term Incentive Plan rather than a market purchase.

How is Patricia B. Melcher’s indirect ownership in NOV (NOV) reported?

The filing shows an indirect holding of 100 NOV Inc. Common Stock shares held "by IRA account." This entry is categorized as indirect ownership and separate from her 34,956 directly held shares, helping distinguish retirement account holdings from personal direct share ownership.