NOV director granted 9,457 restricted stock units

Martinez Patricia reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Martinez Patricia reported acquisition or exercise transactions in this Form 4 filing.

NOV Inc. director Patricia Martinez received an equity award of 9,457 time-based restricted stock units under the NOV Inc. Long-Term Incentive Plan. The award was granted at no cash cost per share and will vest on the first anniversary of the grant date. Following this award, she holds 34,956 shares directly.

Insider Trade Summary

Grant/Award: 9,457 shares

Grant/Award 1 txn

Insider Martinez Patricia

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,457	$0.00	$0.00

Holdings After Transaction: Common Stock — 34,956 shares (Direct)

Footnotes (1)

1. F1. An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan, which will vest on the first anniversary of the date of the grant.

Key Figures

Restricted stock units granted: 9,457 units Grant price per share: $0.00 per share Shares held after transaction: 34,956 shares +1 more

4 metrics

Restricted stock units granted 9,457 units Equity award of time-based RSUs

Grant price per share $0.00 per share Compensation grant, not market purchase

Shares held after transaction 34,956 shares Direct ownership following award

Vesting schedule First anniversary of grant RSUs vest after one year

Key Terms

restricted stock units, Long-Term Incentive Plan, equity award

3 terms

restricted stock units financial

"An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Long-Term Incentive Plan financial

"time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

equity award financial

"An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan"

An equity award is a form of pay where a company gives employees, executives or other stakeholders the right to own or buy company shares—either immediately or after meeting certain conditions. Think of it like receiving slices of the company pie now or coupons to claim slices later; it matters to investors because it affects ownership dilution, executive incentives and reported compensation costs, and signals how management is being rewarded and retained.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did NOV (NOV) director Patricia Martinez report in this Form 4?

Patricia Martinez reported receiving an equity award of 9,457 time-based restricted stock units from NOV Inc. This compensation grant carries no cash purchase price and represents additional exposure to NOV’s common stock, subject to vesting conditions outlined in the company’s Long-Term Incentive Plan.

How many NOV (NOV) shares did Patricia Martinez acquire in this award?

The Form 4 shows Patricia Martinez was granted 9,457 time-based restricted stock units linked to NOV Inc. common stock. These units are part of her long-term equity compensation and increase her potential ownership as they vest over time according to the plan’s terms.

What is Patricia Martinez’s NOV (NOV) shareholding after this transaction?

After the equity award, Patricia Martinez’s direct holdings total 34,956 shares of NOV Inc. common stock. This figure reflects her position reported in the Form 4, combining her prior holdings with the newly granted restricted stock units once they are delivered upon vesting.

Was Patricia Martinez’s NOV (NOV) grant an open-market purchase?

No. The Form 4 classifies the transaction with code “A,” indicating a grant, award, or other acquisition. The 9,457 restricted stock units were issued as compensation at a price of $0.00 per share rather than being bought in the open market.

When will Patricia Martinez’s NOV (NOV) restricted stock units vest?

The footnote explains that the 9,457 time-based restricted stock units will vest on the first anniversary of the grant date. This means the award converts into deliverable NOV Inc. common shares after one year, assuming the vesting conditions are satisfied.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 01:36 PM EDT Learn about SEC filing dates

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^*

Martinez Patricia

(Last) (First) (Middle)

10353 RICHMOND AVE.

(Street)

HOUSTON TEXAS 77042

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NOV Inc. [ NOV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/20/2026		A		9,457(1)	A	$0	34,956	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 on the first anniversary of the date of the grant.

	By: Peter F. Vranderic For: Patricia Martinez	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)