STOCK TITAN

[Form 4] NOV Inc. Insider Trading Activity

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

Rhea-AI Filing Summary

Kendall Christian S reported acquisition or exercise transactions in this Form 4 filing.

NOV Inc. director Kendall Christian received an equity grant of 9,457 shares of Common Stock in the form of time-based restricted stock units. The award was made at no cash cost per share and will vest on the first anniversary of the grant date. Following this award, Christian directly holds 95,406 NOV shares.

Positive

  • None.

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Insider Kendall Christian S
Role null
Type Security Shares Price Value
Grant/Award Common Stock 9,457 $0.00 --
Holdings After Transaction: Common Stock — 95,406 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 Compensation-related equity award, not market purchase
Post-transaction holdings 95,406 shares Director’s direct ownership after the grant
Vesting period 1 year RSUs vest on first anniversary of grant date
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.
beneficial ownership financial
"total shares following transaction reflects beneficial ownership after the equity award"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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*
Kendall Christian S

(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$095,406D
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: Christian S. Kendall05/22/2026
** 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 did NOV (NOV) director Kendall Christian acquire in this Form 4?

Kendall Christian received an equity grant of 9,457 NOV Common Stock shares as time-based restricted stock units. These units are part of NOV Inc.’s Long-Term Incentive Plan and represent compensation rather than an open-market share purchase.

Was there any purchase price for Kendall Christian’s NOV (NOV) share grant?

The grant was reported at a price of $0.00 per share, indicating it is a compensation-related equity award. Such awards are typically part of an incentive plan and do not involve the director paying cash to acquire the shares.

When will Kendall Christian’s new NOV (NOV) restricted stock units vest?

The restricted stock units will vest on the first anniversary of the grant date. Vesting means the shares become fully earned over time, aligning the director’s compensation with longer-term company performance and continued service during the vesting period.

How many NOV (NOV) shares does Kendall Christian hold after this transaction?

After receiving the 9,457-share award, Kendall Christian directly holds 95,406 NOV shares. This figure reflects his reported beneficial ownership following the grant and highlights that the award is an addition to an already meaningful existing position.

Is Kendall Christian’s NOV (NOV) Form 4 transaction a market buy or sell?

No, this Form 4 reports a grant coded as an acquisition under compensation, not a market purchase or sale. It reflects an equity award under the Long-Term Incentive Plan rather than trading NOV shares on the open market.