NOV executive reports tax-withholding share disposition

NOV Inc. President - Energy Equipment Joseph W. Rovig reported a tax-withholding disposition of 6,525 shares of NOV common stock on February 19, 2026, at $20.24 per share.

Rhea-AI Filing Summary

NOV Inc. President - Energy Equipment Joseph W. Rovig reported a tax-withholding disposition of 6,525 shares of NOV common stock on February 19, 2026, at $20.24 per share. The shares were withheld from vesting restricted stock units to cover taxes. After this, he directly holds 269,694 shares, plus 1,011 share equivalents indirectly through the NOV Inc. 401(k) Plan based on his account balance as of February 19, 2026.

Insider Trade Summary

Exercise Price or Tax Liability: 6,525 shares

Exercise Price or Tax Liability 2 txns

Insider Rovig Joseph W

Role President - Energy Equipment

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	6,525	$20.24	$132K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 269,694 shares (Direct); Common Stock — 1,011 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 February 19, 2025) to satisfy tax withholding liability.
2. F2. Represents the number of shares equivalent of NOV common stock held by Mr. Rovig under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Rovig's account balance as of February 19, 2026.

FAQ

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

What insider transaction did NOV (NOV) report for Joseph W. Rovig?

NOV reported that executive Joseph W. Rovig had 6,525 NOV common shares withheld to cover tax liabilities from vesting restricted stock units. This Form 4 event reflects a tax-withholding disposition, not an open-market buy or sell trade in NOV shares.

Was the NOV (NOV) Form 4 transaction an open-market sale of shares?

No, the Form 4 for NOV shows a tax-withholding disposition, not an open-market sale. 6,525 shares were withheld when time-based restricted stock units vested to satisfy tax obligations, a common administrative process for equity compensation recipients.

How many NOV (NOV) shares does Joseph W. Rovig hold after this Form 4?

After the reported tax-withholding disposition, Joseph W. Rovig directly holds 269,694 NOV common shares. He also has 1,011 share equivalents indirectly through the NOV Inc. 401(k) Plan, based on his plan account balance as of February 19, 2026.

What was the price used for the NOV (NOV) tax-withholding shares?

The 6,525 NOV shares withheld for taxes were valued at $20.24 per share. This price is used to calculate the value of the shares surrendered to satisfy the tax withholding obligation tied to the vesting restricted stock units.

What do the NOV (NOV) Form 4 footnotes explain about the transaction?

The footnotes explain that 6,525 shares were withheld from vesting time-based restricted stock units granted on February 19, 2025, to cover tax liabilities. They also clarify that 1,011 share equivalents represent NOV common stock held in Joseph W. Rovig’s NOV Inc. 401(k) Plan account.

How is Joseph W. Rovig’s 401(k) position in NOV (NOV) reported?

The Form 4 reports 1,011 equivalent shares of NOV common stock held indirectly through the NOV Inc. 401(k) Plan. This amount is based on Joseph W. Rovig’s 401(k) account balance as of February 19, 2026, and is categorized as indirect ownership.

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Accepted by SEC EDGAR 02/23/2026 - 09:29 AM EST 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^*

Rovig Joseph W

(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)
	President - Energy Equipment

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		F		6,525(1)	D	$20.24	269,694	D
Common Stock								1,011(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 February 19, 2025) to satisfy tax withholding liability.

2. Represents the number of shares equivalent of NOV common stock held by Mr. Rovig under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Rovig's account balance as of February 19, 2026.

	By: Peter F. Vranderic For: Joseph W. Rovig	02/23/2026
	** 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.