NOV officer covers taxes with 1,738 share withholding
NOV Inc. officer Scott B. Livingston reported a tax-related share withholding.
Rhea-AI Filing Summary
NOV Inc. officer Scott B. Livingston reported a tax-related share withholding. On February 6, 2026, 1,738 shares of NOV common stock were withheld at $18.91 per share to cover taxes due on the vesting of previously granted restricted stock units.
After this withholding, Livingston directly beneficially owned 94,646 shares of NOV common stock. The transaction was coded “F,” indicating share withholding for tax obligations rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 1,738 shares
Exercise Price or Tax Liability
1 txn
Insider
Livingston Scott B.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,738 | $18.91 | $33K |
Holdings After Transaction:
Common Stock — 94,646 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares withheld from the vesting of time-based restricted stock units (granted on February 6, 2024) to satisfy tax withholding liability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NOV (NOV) officer Scott B. Livingston report?
Scott B. Livingston reported a tax-related withholding of NOV common shares. On February 6, 2026, 1,738 shares of common stock were withheld in connection with vesting restricted stock units, rather than being sold in the open market, to satisfy his tax obligations.
What does transaction code "F" mean in the NOV (NOV) Form 4 filing?
Transaction code “F” indicates shares were withheld to pay taxes on an equity award. In this case, NOV common shares were withheld upon vesting of restricted stock units, so the insider did not execute an open-market purchase or sale to generate cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.