NOV director granted 9,457 restricted stock units

Thomas William R. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Thomas William R. reported acquisition or exercise transactions in this Form 4 filing.

NOV Inc. director Thomas William R. 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. These units will vest on the first anniversary of the grant date. Following this compensation-related award, he directly holds 101,166 shares of NOV common stock.

Insights

Equity compensation analyst

Routine director RSU grant increases equity-based compensation exposure.

Director Thomas William R. received 9,457 time-based restricted stock units of NOV Inc. common stock at no cash cost, described as an equity award under the Long-Term Incentive Plan. This is a compensation event, not an open‑market purchase or sale.

The award vests on the first anniversary of the grant date, so value realization depends on continued service and NOV’s share price at that time. After this grant, his direct holdings total 101,166 shares, providing meaningful ongoing equity alignment, but the filing does not indicate any change in strategic outlook.

Insider Trade Summary

Grant/Award: 9,457 shares

Grant/Award 1 txn

Insider Thomas William R.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,457	$0.00	$0.00

Holdings After Transaction: Common Stock — 101,166 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

RSU grant size: 9,457 shares Award price per share: $0.0000 per share Shares after transaction: 101,166 shares +2 more

5 metrics

RSU grant size 9,457 shares Time-based restricted stock units granted as equity award

Award price per share $0.0000 per share Equity award granted at no cash cost to director

Shares after transaction 101,166 shares Total NOV common stock directly held after award

Transaction code A Grant, award, or other acquisition of common stock

Vesting schedule 1-year vesting RSUs vest on first anniversary of grant date

Key Terms

restricted stock units, Long-Term Incentive Plan, Grant, award, or other acquisition, Common Stock

4 terms

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.

Grant, award, or other acquisition regulatory

"transaction_code_description": "Grant, award, or other acquisition""

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NOV (NOV) director Thomas William R. receive in this Form 4 filing?

NOV director Thomas William R. received an equity award of 9,457 time-based restricted stock units of common stock. The units were granted at no cash cost as part of the NOV Inc. Long-Term Incentive Plan for compensation and alignment with shareholders.

When do Thomas William R.’s NOV (NOV) restricted stock units vest?

The restricted stock units granted to Thomas William R. vest on the first anniversary of the grant date. This time-based vesting means he must remain in the qualifying role until that date to receive the underlying NOV common shares in full.

Is the NOV (NOV) Form 4 transaction a market purchase or sale of shares?

No, the Form 4 does not report a market purchase or sale. It shows a grant coded as an acquisition (code A), reflecting an equity award of restricted stock units as compensation rather than an open-market transaction involving cash from or to the director.

How many NOV (NOV) shares does Thomas William R. hold after this award?

After the equity award, Thomas William R. directly holds 101,166 shares of NOV common stock. This total includes the newly granted restricted stock units, which will vest after one year, reinforcing his long-term ownership stake in the company.

What plan governs the NOV (NOV) restricted stock unit grant to Thomas William R.?

The award is granted under the NOV Inc. Long-Term Incentive Plan. This plan provides equity-based compensation, including time-based restricted stock units, designed to align directors’ and officers’ interests with NOV shareholders through ongoing stock-based incentives.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 01:33 PM Learn about SEC filing dates

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^*

Thomas William R.

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/20/2026		A		9,457(1)	A	$0	101,166	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. 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: William R. Thomas	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)