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NOV Inc. officer Joseph Rovig reports 40,000-share sale in Form 4

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

Rhea-AI Filing Summary

NOV Inc. (NOV) reported an insider stock sale by President - Energy Equipment, Joseph W. Rovig. On 11/24/2025, he sold 40,000 shares of NOV common stock at an average price of $14.7459 per share, with trades executed between $14.74 and $14.78. After this transaction, Rovig beneficially owns 221,365 NOV shares directly and an additional 1,007 shares equivalent through the NOV Inc. 401(k) Plan based on his account balance as of November 24, 2025.

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*
Rovig Joseph W

(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)
President - Energy Equipment
3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025
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 11/24/2025 D 40,000 D $14.7459(1) 221,365 D
Common Stock 1,007(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. The price reported in Column 4 is the average price. These shares were sold in multiple transactions. The prices for the shares ranged from $14.74 to $14.78. The reporting person undertakes to provide to NOV Inc., any securityholder of NOV Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth within this footnote (1) to this Form 4.
2. Represents the number of shares equivalent of NOV common stock held by Mr. Rovig under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Rovig's account balance as of November 24, 2025.
By: Peter F. Vranderic For: Joseph W. Rovig 11/24/2025
** 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) disclose in this Form 4?

The filing reports that Joseph W. Rovig, President - Energy Equipment at NOV Inc., sold 40,000 shares of NOV common stock on 11/24/2025.

At what price were the NOV shares sold by Joseph W. Rovig?

Rovig’s 40,000 NOV shares were sold at an average price of $14.7459 per share, with individual trades ranging from $14.74 to $14.78.

How many NOV shares does Joseph W. Rovig own after the reported sale?

Following the sale, Rovig beneficially owns 221,365 NOV common shares directly and 1,007 shares equivalent through the NOV Inc. 401(k) Plan.

What is Joseph W. Rovig’s role at NOV Inc.?

Joseph W. Rovig is an officer of NOV Inc., serving as President - Energy Equipment, as indicated in the Form 4.

Does the Form 4 include any derivative securities for NOV?

Table II for derivative securities is present but shows no NOV derivative securities acquired, disposed of, or beneficially owned in this report.

How is Rovig’s 401(k) holding in NOV described?

The filing states that 1,007 shares represent the equivalent number of NOV common shares held under the NOV Inc. 401(k) Plan, based on Rovig’s account balance as of November 24, 2025.
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5.63B
361.74M
0.82%
105.13%
7.2%
Oil & Gas Equipment & Services
Oil & Gas Field Machinery & Equipment
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United States
HOUSTON