NOV CFO has shares withheld for taxes
NOV Inc. Senior VP and CFO Rodney C. Reed reported a tax-withholding disposition of 3,477 shares of NOV common stock on February 19, 2026.
Rhea-AI Filing Summary
NOV Inc. Senior VP and CFO Rodney C. Reed reported a tax-withholding disposition of 3,477 shares of NOV common stock on February 19, 2026. The shares were withheld upon vesting of time-based restricted stock units, granted on February 19, 2025, to satisfy tax withholding liability at $20.24 per share.
After this transaction, Reed held 172,827 shares of NOV common stock directly and an additional 1,545 share equivalents indirectly through the NOV Inc. 401(k) Plan, based on his plan account balance as of February 19, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,477 | $20.24 | $70K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents the number of shares withheld from the vesting of time-based restricted stock units (granted on February 19, 2025) to satisfy tax withholding liability.
- F2. 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 19, 2026.
FAQ
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What insider transaction did NOV (NOV) disclose for Rodney C. Reed?
Was the NOV (NOV) CFO’s Form 4 transaction an open-market stock sale?
What does the 401(k) position in NOV (NOV) represent for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.