STOCK TITAN

Director at NOV (NOV) granted 9,457 time-based restricted stock units as equity award

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

Rhea-AI Filing Summary

HARRISON DAVID D reported acquisition or exercise transactions in this Form 4 filing.

NOV Inc. director David D. Harrison received an equity award of 9,457 shares of Common Stock in the form of time-based restricted stock units under the NOV Inc. Long-Term Incentive Plan. The units were granted at no cash cost and will vest on the first anniversary of the grant date. Following this award, Harrison directly holds 136,357 shares of NOV common stock.

Positive

  • None.

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Insider HARRISON DAVID D
Role null
Type Security Shares Price Value
Grant/Award Common Stock 9,457 $0.00 --
Holdings After Transaction: Common Stock — 136,357 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Equity award size 9,457 shares Time-based restricted stock units granted to director
Grant price per share $0.00 per share Restricted stock unit grant price
Post-award holdings 136,357 shares Director’s direct NOV common stock holdings after award
restricted stock units financial
"An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long-Term Incentive Plan financial
"pursuant to the NOV Inc. Long-Term Incentive Plan, which will vest on the first anniversary"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
equity award financial
"An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan"
An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.
SEC Form 4
FORM 4UNITED 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*
HARRISON DAVID D

(Last)(First)(Middle)
10353 RICHMOND AVE.

(Street)
HOUSTON TEXAS 77042

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NOV Inc. [ NOV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/20/2026A9,457(1)A$0136,357D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan, which will vest on the first anniversary of the date of the grant.
By: Peter F. Vranderic For: David D. Harrison05/22/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did NOV (NOV) report for David D. Harrison?

NOV reported that director David D. Harrison received an equity award of 9,457 restricted stock units of Common Stock. These units were granted under the company’s Long-Term Incentive Plan and increase his direct holdings to 136,357 shares after the award.

Was the NOV (NOV) insider award to David D. Harrison a market purchase?

No, the transaction was a grant of 9,457 restricted stock units at a price of $0.00 per share. It reflects a compensation-related equity award under NOV’s Long-Term Incentive Plan rather than an open-market stock purchase by the director.

When will David D. Harrison’s NOV (NOV) restricted stock units vest?

The 9,457 time-based restricted stock units granted to David D. Harrison will vest on the first anniversary of the grant date. Vesting depends on the passage of time under the terms of NOV Inc.’s Long-Term Incentive Plan as disclosed.

How many NOV (NOV) shares does David D. Harrison hold after this award?

After receiving the 9,457-share equity award, David D. Harrison directly holds 136,357 shares of NOV common stock. This total includes his existing holdings plus the newly granted restricted stock units reported in the Form 4 filing.

What plan governs the NOV (NOV) restricted stock units granted to David D. Harrison?

The award was made pursuant to the NOV Inc. Long-Term Incentive Plan. Under this plan, Harrison received 9,457 time-based restricted stock units that vest one year after the grant, aligning his compensation partly with NOV’s equity performance over time.