Christy H. Novak - 19 Feb 2025 Form 4 Insider Report for NOV Inc. (NOV)

Signature
By: Peter F. Vranderic For: Christy H. Novak
Issuer symbol
NOV
Transactions as of
19 Feb 2025
Net transactions value
$0
Form type
4
Filing time
21 Feb 2025, 11:49:54 UTC
Previous filing
18 Feb 2025
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOV Common Stock Award $0 +50,065 +83% $0.000000 110,130 19 Feb 2025 Direct F1
holding NOV Common Stock 450 19 Feb 2025 by IRA Account F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NOV Non-Qualified Stock Option (right to buy) Award $0 +12,725 $0.000000 12,725 19 Feb 2025 Common Stock 12,725 $15.28 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An equity award of time-based restricted stock units pursuant to the NOV Inc. Long-Term Incentive Plan, which will vest in 3 equal annual installments commencing on the first anniversary of the date of the grant.
F2 Represents the number of shares equivalent of NOV Inc. common stock held by Ms. Novak under an IRA Account with Merrill Lynch, Pierce, Fenner & Smith Incorporated. The information in this report is based on Ms. Novak's account balance as of February 19, 2025.
F3 The option, awarded pursuant to the NOV Inc. Long-Term Incentive Plan, representing a right to purchase a total of 12,725 shares, will become exercisable in 3 equal annual installments beginning on February 19, 2026, which will be the first anniversary of the date on which the option was granted.