NOV Inc. (NOV) director receives 9,457 deferred restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Donadio Marcela E reported acquisition or exercise transactions in this Form 4 filing.
NOV Inc. director Marcela E. Donadio received an equity award of 9,457 shares of Common Stock on an award basis, with no cash price per share. The award is structured as deferred time-based restricted stock units under NOV Inc.’s Long-Term Incentive Plan.
According to her Form 4, Donadio now holds 106,882 shares of NOV Common Stock directly after this grant. The footnote states these deferred units will be distributed upon her retirement or termination from the board of directors, but not earlier than one year from the grant date, reflecting routine director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donadio Marcela E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,457 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 106,882 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 9,457 shares
Grant price per share: $0.0000 per share
Shares after transaction: 106,882 shares
+2 more
5 metrics
Shares granted
9,457 shares
Equity award of Common Stock on 2026-05-20
Grant price per share
$0.0000 per share
Award transaction price, stock-based compensation
Shares after transaction
106,882 shares
Total direct holdings following the award
Transaction code
A
Grant, award, or other acquisition of Common Stock
Transaction direction
acquire
Non-derivative acquisition via equity grant
Key Terms
deferred time-based restricted stock units, NOV Inc. Long-Term Incentive Plan, Director Nonqualified Deferred Compensation Plan, Grant, award, or other acquisition, +1 more
5 terms
deferred time-based restricted stock units financial
"An equity award of deferred time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan"
NOV Inc. Long-Term Incentive Plan financial
"pursuant to the NOV Inc. Long-Term Incentive Plan"
Director Nonqualified Deferred Compensation Plan financial
"under the National Oilwell Varco, Inc. Director Nonqualified Deferred Compensation Plan"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did NOV (NOV) director Marcela E. Donadio report in this Form 4?
Marcela E. Donadio reported receiving an equity award of 9,457 shares of NOV Common Stock. These are deferred time-based restricted stock units granted as director compensation rather than shares bought in the open market, and they increase her direct holdings in the company.
How are the NOV (NOV) deferred restricted stock units for Marcela E. Donadio structured?
The award consists of deferred time-based restricted stock units under the NOV Inc. Long-Term Incentive Plan. Per the footnote, they will be distributed after Donadio’s retirement or termination from the board, and not earlier than one year from the grant date, aligning with long-term service incentives.
Is Marcela E. Donadio’s NOV (NOV) equity award part of a deferred compensation plan?
Yes. The footnote explains the award is deferred pursuant to Donadio’s election under the National Oilwell Varco, Inc. Director Nonqualified Deferred Compensation Plan. This means distribution of the restricted stock units is delayed until she retires or leaves the board, subject to plan terms.