NOV (NYSE: NOV) CEO has 5,241 shares withheld to cover tax liability

Rhea-AI Filing Summary

NOV Inc. Chairman, President, and CEO Jose A. Bayardo reported a routine share withholding related to equity compensation. On February 6, 2026, 5,241 shares of common stock were withheld at $18.91 per share to cover taxes on vesting restricted stock units granted in February 2024. After this transaction, Bayardo beneficially owned 599,626 NOV common shares, all reported as directly held.

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^*

Bayardo Jose A

(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)
	Chairman, President, and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026

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	02/06/2026		F		5,241(1)	D	$18.91	599,626	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 6, 2024) to satisfy tax withholding liability.

	By: Peter F. Vranderic For: Jose A. Bayardo	02/09/2026
	** 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.

FAQ

What insider transaction did NOV (NOV) report for Jose A. Bayardo?

NOV reported that Chairman, President, and CEO Jose A. Bayardo had 5,241 NOV common shares withheld. The withholding covered tax obligations arising from the vesting of previously granted time-based restricted stock units on February 6, 2026.

Was the NOV (NOV) insider transaction a sale by Jose A. Bayardo?

The transaction was coded "F," meaning shares were withheld to satisfy tax withholding, not an open-market sale. The 5,241 NOV shares were retained by the company to cover taxes from vesting restricted stock units.

At what price were the 5,241 NOV shares withheld from Jose A. Bayardo?

The 5,241 NOV common shares were withheld at a price of $18.91 per share. This price is used to calculate the value of shares applied to satisfy Bayardo’s tax withholding on his vesting restricted stock units.

How many NOV (NOV) shares does Jose A. Bayardo own after this Form 4 transaction?

After the reported tax-withholding transaction, Jose A. Bayardo beneficially owns 599,626 NOV common shares. These shares are reported as directly held following the withholding of 5,241 shares to satisfy tax liabilities.

What triggered the share withholding for NOV CEO Jose A. Bayardo?

The withholding was triggered by the vesting of time-based restricted stock units granted to Jose A. Bayardo on February 6, 2024. Upon vesting on February 6, 2026, 5,241 shares were withheld to satisfy his tax withholding liability.

Is the NOV (NOV) Form 4 transaction related to stock options or restricted stock units?

The Form 4 transaction relates to restricted stock units, not stock options. The footnote explains that the 5,241 shares were withheld from vesting time-based restricted stock units granted on February 6, 2024, to cover associated tax obligations.