NOV (NOV) senior VP & counsel has 3,182 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOV Inc. senior vice president and general counsel Craig L. Weinstock reported a tax-related share withholding on common stock. On February 6, 2026, 3,182 shares of NOV common stock were withheld at $18.91 per share to cover taxes due upon vesting of previously granted time-based restricted stock units.
After this withholding, Weinstock beneficially owns 232,013 shares of NOV common stock in direct form. This filing reflects an administrative tax-settlement event rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weinstock Craig L.
Role
Sr. VP. & Gen. Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,182 | $18.91 | $60K |
Holdings After Transaction:
Common Stock — 232,013 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did NOV (NOV) report for Craig L. Weinstock?
NOV reported a tax-related share withholding for Craig L. Weinstock. On February 6, 2026, 3,182 NOV common shares were withheld at $18.91 per share to satisfy tax obligations from vesting time-based restricted stock units granted on February 6, 2024.
Was the NOV (NOV) Form 4 transaction an open-market sale by Craig Weinstock?
No, the transaction was not an open-market sale. The 3,182 NOV shares were withheld by the company to satisfy tax withholding liability arising from vesting time-based restricted stock units, rather than being sold on the open market.
What equity award triggered the tax withholding in NOV (NOV) insider filing?
The tax withholding arose from time-based restricted stock units. These units were granted to Craig L. Weinstock on February 6, 2024 and later vested, causing 3,182 NOV common shares to be withheld on February 6, 2026 to cover associated tax obligations.