STOCK TITAN

Executive at NOV (NOV) receives 27,139-share time-based stock award

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

Rhea-AI Filing Summary

NOV Inc. reported that VP, Corporate Controller and Chief Accounting Officer Christy Lynn Novak acquired 27,139 shares of common stock through an equity award. The award consists of time-based restricted stock units that will vest in three equal annual installments beginning on the first anniversary of the grant date. After this grant, her directly held stake totals 113,841 shares.

Positive

  • None.

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)
02/18/2026
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 02/18/2026 A 27,139(1) A $0 113,841 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. An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of the grant.
By: Peter F. Vranderic For: Christy H. Novak 02/20/2026
** 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 Christy Lynn Novak received an equity award of 27,139 shares of common stock. The award was granted at a price of $0.00 per share as a time-based restricted stock unit grant under NOV Inc.’s Long-Term Incentive Plan.

Was the NOV (NOV) Form 4 transaction a market purchase or a stock grant?

The NOV Form 4 shows a stock grant, not a market purchase. Christy Lynn Novak acquired 27,139 shares through an equity award of time-based restricted stock units with a reported price of $0.00 per share under the company’s Long-Term Incentive Plan.

How many NOV (NOV) shares does Christy Lynn Novak hold after this award?

After the reported equity award, Christy Lynn Novak directly holds 113,841 shares of NOV common stock. This total includes the newly granted 27,139 restricted stock units that were added to her existing position as disclosed in the Form 4 filing.

What are the vesting terms of the NOV (NOV) restricted stock units granted?

The 27,139 time-based restricted stock units will vest in three equal annual installments. Vesting begins on the first anniversary of the grant date, meaning one-third of the award becomes vested each year over a three-year period, subject to the plan’s terms.

Under which plan was Christy Lynn Novak’s NOV (NOV) equity award granted?

Christy Lynn Novak’s equity award was granted under the NOV Inc. Long-Term Incentive Plan. The award consists of 27,139 time-based restricted stock units that vest over three years in equal annual installments, aligning her compensation with long-term company performance.
Nov Inc

NYSE:NOV

NOV Rankings

NOV Latest News

NOV Latest SEC Filings

NOV Stock Data

7.29B
361.74M
Oil & Gas Equipment & Services
Oil & Gas Field Machinery & Equipment
Link
United States
HOUSTON