Kirk M. Shelton - 23 Feb 2023 Form 4 Insider Report for NOV Inc. (NOV)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
27 Feb 2023, 18:32:56 UTC
Prior SEC filing
24 Feb 2023
Next SEC filing
28 Feb 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Brigitte M. Hunt For: Kirk M. Shelton

Key filing fact

Kirk M. Shelton filed Form 4 for NOV Inc. (NOV) on 27 Feb 2023.

Key facts

  • This page summarizes Kirk M. Shelton's Form 4 filing for NOV Inc. (NOV).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 27 Feb 2023, 18:32.

Change

  • Previous filing in this sequence was filed on 24 Feb 2023.
  • Current net transaction value: -$242,863.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NOV transaction

Common Stock

Award

Transaction value
$0
Shares
+28,361
Change %
+13%
Price
$0.000000
Shares after
254,933
Date
23 Feb 2023
Ownership
Direct
Footnotes
F1
NOV transaction

Common Stock

Disposed to Issuer

Transaction value
$242,863
Shares
-11,161
Change %
-4.4%
Price
$21.76
Shares after
243,772
Date
23 Feb 2023
Ownership
Direct
Footnotes
F2
NOV transaction

Common Stock

Award

Transaction value
$0
Shares
+21,829
Change %
+9%
Price
$0.000000
Shares after
265,601
Date
23 Feb 2023
Ownership
Direct
Footnotes
F3
NOV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9
Date
23 Feb 2023
Ownership
by 401(K) Plan
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NOV transaction Derivative

Non-Qualified Stock Option (right to buy)

Award

Transaction value
$0
Shares
+48,718
Change %
Price
$0.000000
Shares after
48,718
Date
23 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
48,718
Exercise price
$21.76
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents the total number of shares that vested from the performance share awards granted to Mr. Shelton on February 25, 2020.

Footnote F2

Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Shelton on February 25, 2020 to satisfy tax withholding liability.

Footnote F3

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.

Footnote F4

Represents the number of shares equivalent of NOV common stock held by Mr. Shelton under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Shelton's account balance as of February 24, 2023.

Footnote F5

The option, awarded pursuant to the NOV Inc. Long-Term Incentive Plan, representing a right to purchase a total of 48,718 shares, will become exercisable in three equal annual installments beginning on February 23, 2024, which will be the first anniversary of the date on which the option was granted.

SEC remarks

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