Equity award gives NOV (NYSE: NOV) CFO 32,391 stock units

Rhea-AI Filing Summary

Reed Rodney C. reported acquisition or exercise transactions in this Form 4 filing.

NOV Inc. Senior VP and CFO Rodney C. Reed reported an equity award of 32,391 shares of common stock on February 18, 2026. The award consists of time-based restricted stock units under the NOV Inc. Long-Term Incentive Plan that vest in three equal annual installments starting on the first anniversary of the grant date.

Following this grant, Reed directly holds 176,304 shares of NOV common stock. In addition, 1,545 share equivalents of NOV common stock are held for his benefit in the NOV Inc. 401(k) Plan based on his account balance as of February 18, 2026.

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

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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^*

Reed Rodney C.

(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)
	Senior VP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A		32,391(1)	A	$0	176,304	D
Common Stock								1,545(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. An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.

2. Represents the number of shares equivalent of NOV common stock held by Mr. Reed under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Reed's account balance as of February 18, 2026.

	By: Peter F. Vranderic For: Rodney C. Reed	02/20/2026
	** 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).
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FAQ

What insider transaction did NOV (NOV) executive Rodney C. Reed report?

Rodney C. Reed reported receiving an equity award of 32,391 NOV common shares. These are time-based restricted stock units granted under NOV Inc.’s Long-Term Incentive Plan, rather than an open-market purchase, and form part of his executive compensation package.

How many NOV shares were granted to CFO Rodney C. Reed and how do they vest?

Rodney C. Reed was granted 32,391 restricted stock units of NOV common stock. The units vest in three equal annual installments, beginning on the first anniversary of the February 18, 2026 grant date, aligning the award with multi-year service and performance.

What is Rodney C. Reed’s direct NOV common stock holding after this Form 4?

After the reported grant, Rodney C. Reed directly holds 176,304 shares of NOV common stock. This figure reflects his direct ownership only and excludes additional share equivalents held indirectly through the NOV Inc. 401(k) Plan on his behalf.

How many NOV share equivalents does Rodney C. Reed hold through the 401(k) Plan?

Rodney C. Reed has 1,545 share equivalents of NOV common stock in the NOV Inc. 401(k) Plan. This number is based on his 401(k) account balance as of February 18, 2026, and represents indirect, plan-based ownership rather than directly held shares.

Is Rodney C. Reed’s NOV equity award an open-market stock purchase?

No, the reported transaction is a grant of time-based restricted stock units, not an open-market purchase. The equity award was made under NOV Inc.’s Long-Term Incentive Plan and vests in three equal annual installments starting one year after the grant date.