NOV CFO covers taxes with share withholding

NOV Inc. Senior VP and CFO Rodney C. Reed reported a routine tax-related share withholding tied to equity compensation.

Rhea-AI Filing Summary

NOV Inc. Senior VP and CFO Rodney C. Reed reported a routine tax-related share withholding tied to equity compensation. On March 20, 2026, 4,995 shares of common stock were withheld upon vesting of time-based restricted stock units granted on March 20, 2025, to satisfy tax withholding obligations, not as an open-market sale. Following this, Reed directly held 165,797 shares of NOV common stock and also held the equivalent of 1,545 shares indirectly through the NOV Inc. 401(k) Plan as of March 20, 2026.

Insider Trade Summary

Exercise Price or Tax Liability: 4,995 shares

Exercise Price or Tax Liability 2 txns

Insider Reed Rodney C.

Role Senior VP and CFO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	4,995	$18.68	$93K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 165,797 shares (Direct); Common Stock — 1,545 shares (Indirect, by 401(K) Plan)

Footnotes (2)

1. F1. Represents the number of shares withheld from the vesting of time-based restricted stock units (granted on March 20, 2025) to satisfy tax withholding liability.
2. F2. Represents the number of shares equivalent of NOV common stock held by Mr. Reed under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Reed's account balance as of March 20, 2026.

FAQ

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

What insider transaction did NOV (NOV) CFO Rodney C. Reed report?

NOV CFO Rodney C. Reed reported a tax-related disposition where 4,995 NOV common shares were withheld upon vesting of restricted stock units to cover tax liabilities, rather than sold in the open market.

How many NOV (NOV) shares were withheld for taxes from the CFO’s award?

A total of 4,995 NOV common shares were withheld when Rodney C. Reed’s time-based restricted stock units vested, specifically to satisfy his associated tax withholding obligation on March 20, 2026.

Does the NOV (NOV) Form 4 show an open-market sale by the CFO?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were automatically withheld from vesting restricted stock units to pay taxes, a common administrative step in equity compensation plans.

What are Rodney C. Reed’s NOV (NOV) share holdings after the transaction?

After the tax-withholding transaction, Rodney C. Reed directly held 165,797 NOV common shares and indirectly held the equivalent of 1,545 shares through the NOV Inc. 401(k) Plan as of March 20, 2026.

What equity award triggered the tax withholding in NOV (NOV) CFO’s filing?

The tax withholding was triggered by the vesting of time-based restricted stock units granted to Rodney C. Reed on March 20, 2025. When these units vested on March 20, 2026, 4,995 shares were withheld to cover his tax liability.

How is the NOV (NOV) CFO’s 401(k) position reported in the Form 4?

The Form 4 reports that Rodney C. Reed holds the equivalent of 1,545 NOV common shares indirectly through the NOV Inc. 401(k) Plan, based on his account balance as of March 20, 2026.

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

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Accepted by SEC EDGAR 03/24/2026 - 10:17 AM 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^*

Reed Rodney C.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP and CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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	03/20/2026		F		4,995(1)	D	$18.68	165,797	D
Common Stock								1,545(2)	I	by 401(K) Plan

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 March 20, 2025) to satisfy tax withholding liability.

2. Represents the number of shares equivalent of NOV common stock held by Mr. Reed under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Reed's account balance as of March 20, 2026.

	By: Peter F. Vranderic For: Rodney C. Reed	03/24/2026
	** 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)