NOV insider sells 40,000 shares at ~$14.75 in Form 4 filing
NOV Inc. (NOV) reported an insider stock sale by President - Energy Equipment, Joseph W. Rovig.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 40,000 | $14.7459 | $590K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NOV (NOV) disclose in this Form 4?
What is Joseph W. Rovig’s role at NOV Inc.?
Does the Form 4 include any derivative securities for NOV?
How is Rovig’s 401(k) holding in NOV described?
AI-generated analysis. How Rhea-AI works. Not financial advice.