NOV (NOV) accounting chief has 4,773 shares withheld for RSU taxes

Rhea-AI Filing Summary

NOV Inc. executive Christy Lynn Novak, VP, Corporate Controller and Chief Accounting Officer, reported an automatic share withholding related to equity compensation. On February 6, 2026, 4,773 shares of NOV common stock were withheld at $18.91 per share to cover taxes due on the vesting of time-based restricted stock units originally granted on February 6, 2024. After this tax-withholding transaction, Novak beneficially owned 86,702 NOV common shares directly.

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^*

Novak Christy Lynn

(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)
	VP, Corp. Controller, CAO

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		4,773(1)	D	$18.91	86,702	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: Christy H. Novak	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 Christy Lynn Novak?

NOV reported that executive Christy Lynn Novak had 4,773 common shares withheld to cover taxes on vesting restricted stock units. This was an automatic tax-withholding event, not an open-market sale, and left her with 86,702 directly owned shares afterward.

Was the NOV (NOV) insider transaction an open-market sale?

No, the transaction was not an open-market sale. NOV disclosed that 4,773 shares were withheld from vesting restricted stock units solely to satisfy tax withholding obligations, a common administrative process for equity awards rather than a discretionary stock sale.

How many NOV (NOV) shares does Christy Lynn Novak own after this transaction?

After the tax-withholding event, Christy Lynn Novak beneficially owns 86,702 NOV common shares directly. This figure reflects her holdings following the withholding of 4,773 shares tied to the vesting of time-based restricted stock units granted on February 6, 2024.

What price was used for the NOV (NOV) shares withheld for taxes?

The shares were valued at $18.91 each for tax-withholding purposes. NOV reported that 4,773 common shares were withheld at this price when time-based restricted stock units vested, helping satisfy the executive’s associated tax liability on the equity award.

What role does Christy Lynn Novak hold at NOV (NOV)?

Christy Lynn Novak serves as NOV’s Vice President, Corporate Controller, and Chief Accounting Officer. Her Form 4 filing reflects equity compensation activity in that capacity, including the withholding of vested restricted stock unit shares to meet tax obligations on February 6, 2026.

What is the origin of the NOV (NOV) restricted stock units involved in this filing?

The restricted stock units were granted on February 6, 2024. When these time-based units vested, NOV withheld 4,773 resulting common shares to cover tax liabilities, as disclosed in the Form 4 footnote explaining the nature of the reported insider transaction.