NOV director granted 9,457 deferred stock units
Donadio Marcela E reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,457 | $0.00 | $0.00 |
Footnotes (1)
- F1. An equity award of deferred time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan, which will, pursuant to the Director's election under the National Oilwell Varco, Inc. Director Nonqualified Deferred Compensation Plan, be distributed upon the Director's retirement or termination from the issuer's board of directors, but not earlier than one year from the date of grant.
Key Figures
Key Terms
deferred time-based restricted stock units financial
NOV Inc. Long-Term Incentive Plan financial
Director Nonqualified Deferred Compensation Plan financial
Grant, award, or other acquisition financial
Common Stock financial
FAQ
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What did NOV (NOV) director Marcela E. Donadio report in this Form 4?
How are the NOV (NOV) deferred restricted stock units for Marcela E. Donadio structured?
Is Marcela E. Donadio’s NOV (NOV) equity award part of a deferred compensation plan?
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