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NOV (NOV) VP and CAO reports 6,568-share tax-withholding disposition

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

Rhea-AI Filing Summary

NOV Inc. executive Christy Lynn Novak reported a tax-related share disposition. On the vesting of previously granted time-based restricted stock units, 6,568 shares of NOV common stock were withheld to cover tax obligations, described as a tax-withholding disposition. Novak now directly holds 107,273 NOV common shares.

Positive

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Negative

  • None.
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*
Novak Christy Lynn

(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)
VP, Corp. Controller, CAO
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 F 6,568(1) D $20.24 107,273 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. 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.
By: Peter F. Vranderic For: Christy H. Novak 02/23/2026
** 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.

FAQ

What insider transaction did NOV (NOV) report for Christy Lynn Novak?

NOV reported that executive Christy Lynn Novak had 6,568 common shares withheld as a tax-withholding disposition. These shares were taken from vesting time-based restricted stock units to satisfy tax obligations, rather than an open-market sale of shares.

Was the NOV (NOV) insider transaction a tax-withholding event or an open-market sale?

The transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld from the vesting of time-based restricted stock units to cover tax liabilities, reflecting an automatic administrative event tied to equity compensation.

How many NOV (NOV) shares were involved in Christy Lynn Novak’s Form 4 filing?

The filing shows 6,568 NOV common shares were disposed of through tax withholding. These shares came from vesting restricted stock units and were used to satisfy tax obligations associated with that equity award vesting event.

What is Christy Lynn Novak’s NOV (NOV) share ownership after this transaction?

After the tax-withholding disposition, Christy Lynn Novak directly holds 107,273 NOV common shares. This figure reflects her remaining direct ownership following the withholding of 6,568 shares from vesting restricted stock units to cover related tax liabilities.

What role does Christy Lynn Novak hold at NOV (NOV) in this Form 4?

In the Form 4, Christy Lynn Novak is identified as an officer of NOV, serving as VP, Corporate Controller, and Chief Accounting Officer. The reported transaction relates to her equity compensation and associated tax withholding on vesting restricted stock units.
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