NOV Inc. (NYSE: NOV) insider disposes shares for tax withholding

Rhea-AI Filing Summary

NOV Inc. officer Livingston Scott B. reported a tax-withholding disposition of 1,259 shares of common stock at $20.28 per share. The shares were withheld upon vesting of time-based restricted stock units granted on February 23, 2023, to cover tax liabilities, leaving 118,213 shares directly owned.

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

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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^*

Livingston Scott B.

(Last) (First) (Middle)

10353 RICHMOND AVE.

(Street)

HOUSTON TX 77042

(City) (State) (Zip)

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)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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

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

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

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	02/23/2026		F		1,259(1)	D	$20.28	118,213	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 February 23, 2023) to satisfy tax withholding liability.

Remarks:

President, Energy Products and Services.

	By: Peter F. Vranderic For: Scott B. Livingston	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What transaction did NOV (NOV) insider Livingston Scott B. report?

Livingston Scott B. reported a tax-withholding disposition of common stock. NOV Inc. withheld 1,259 shares when his time-based restricted stock units vested, using those shares to satisfy his tax liability instead of an open-market sale.

How many NOV (NOV) shares were withheld for taxes in this Form 4?

A total of 1,259 NOV Inc. common shares were withheld. This occurred upon vesting of previously granted time-based restricted stock units, and the shares were applied to cover associated tax withholding obligations rather than being sold on the open market.

What price per share was used for the NOV (NOV) tax-withholding disposition?

The tax-withholding disposition used a price of $20.28 per NOV share. This price determined the value of the 1,259 withheld shares applied against the insider’s tax liability when the restricted stock units granted in February 2023 vested.

How many NOV (NOV) shares does the insider own after this transaction?

After the tax-withholding disposition, the insider directly owns 118,213 NOV Inc. shares. This balance reflects the remaining holding following the withholding of 1,259 shares to satisfy tax obligations tied to the vesting of restricted stock units.

Was the NOV (NOV) insider Form 4 a market sale of shares?

No, the Form 4 reflects a tax-withholding disposition, not a market sale. Shares were withheld by NOV Inc. upon vesting of restricted stock units to cover tax liabilities, meaning no discretionary open-market selling activity was reported by the insider.