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NOV (NYSE: NOV) CFO covers RSU tax bill through 2,527-share withholding

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

Rhea-AI Filing Summary

NOV Inc. Senior VP and CFO Rodney C. Reed had 2,527 shares of common stock withheld on February 6, 2026 to satisfy tax withholding from vesting time-based restricted stock units granted on February 6, 2024, at $18.91 per share.

After this tax withholding, he beneficially owned 143,913 NOV common shares directly and an additional 1,545 share equivalents indirectly through the NOV Inc. 401(k) Plan, based on his account balance as of February 6, 2026.

Positive

  • None.

Negative

  • None.
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*
Reed Rodney C.

(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)
Senior VP and CFO
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 2,527(1) D $18.91 143,913 D
Common Stock 1,545(2) I by 401(k) Plan
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.
2. Represents the number of shares equivalent of NOV common stock held by Mr. Reed under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Reed's account balance as of February 6, 2026.
By: Peter F. Vranderic For: Rodney C. Reed 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 did NOV (NOV) CFO Rodney C. Reed report in this Form 4 filing?

Rodney C. Reed reported a tax-related share withholding. On February 6, 2026, 2,527 NOV common shares were withheld at $18.91 each to cover taxes from vesting restricted stock units originally granted February 6, 2024. This was not an open-market sale.

How many NOV shares were withheld for Rodney C. Reed’s tax obligations?

A total of 2,527 NOV common shares were withheld. The withholding occurred on February 6, 2026 at a price of $18.91 per share and was used to satisfy tax liabilities arising from the vesting of time-based restricted stock units granted on February 6, 2024.

How many NOV shares does Rodney C. Reed own after the reported transaction?

Rodney C. Reed directly owned 143,913 NOV common shares after the transaction. In addition, he held 1,545 share equivalents of NOV common stock indirectly through the NOV Inc. 401(k) Plan, based on his plan account balance as of February 6, 2026.

What does transaction code "F" mean in Rodney C. Reed’s NOV Form 4?

Code "F" indicates shares withheld for taxes on equity awards. In this case, 2,527 NOV shares were withheld to satisfy tax withholding obligations when time-based restricted stock units vested, rather than being a discretionary open-market sale by Rodney C. Reed.

How are Rodney C. Reed’s NOV 401(k) holdings reported in this Form 4?

The Form 4 shows 1,545 NOV share equivalents held indirectly. These represent NOV common stock equivalents in the NOV Inc. 401(k) Plan, reported as indirect ownership, and are based on Rodney C. Reed’s 401(k) account balance as of February 6, 2026.
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