Clay C. Williams - 19 Feb 2025 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
21 Feb 2025, 11:37:10 UTC
Prior SEC filing
18 Feb 2025
Next SEC filing
24 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Peter F. Vranderic For: Clay C. Williams

Key filing fact

Clay C. Williams filed Form 4 for NOV Inc. (NOV) on 21 Feb 2025.

Key facts

  • This page summarizes Clay C. Williams's Form 4 filing for NOV Inc. (NOV).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 21 Feb 2025, 11:37.

Change

  • Previous filing in this sequence was filed on 18 Feb 2025.
  • Current net transaction value: -$1,205,317.

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
+235,602
Change %
+19%
Price
$0.000000
Shares after
1,500,838
Date
19 Feb 2025
Ownership
Direct
Footnotes
F1
NOV transaction

Common Stock

Award

Transaction value
$0
Shares
+200,462
Change %
+13%
Price
$0.000000
Shares after
1,701,300
Date
19 Feb 2025
Ownership
Direct
Footnotes
F2
NOV transaction

Common Stock

Tax liability

Transaction value
$1,205,317
Shares
-78,882
Change %
-4.6%
Price
$15.28
Shares after
1,622,418
Date
19 Feb 2025
Ownership
Direct
Footnotes
F3
NOV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
30,000
Date
19 Feb 2025
Ownership
by Children's Trusts
NOV holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
46
Date
19 Feb 2025
Ownership
by NOV Saving 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
+134,731
Change %
Price
$0.000000
Shares after
134,731
Date
19 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
134,731
Exercise price
$15.28
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

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.

Footnote F2

Represents the total number of shares that vested from the performance share awards granted to Mr. Williams on February 15, 2022.

Footnote F3

Represents the number of shares withheld from the vesting of the performance share awards granted to Mr. Williams on February 15, 2022 to satisfy tax withholding liability.

Footnote F4

Represents the number of shares equivalent of the Issuer's common stock held by Mr. Williams under the NOV Inc. Non-Qualified Deferred Compensation Plan (formerly known as the "Supplemental Savings Plan"). The information in this report is based on Mr. Williams' account balance as of February 19, 2025.

Footnote F5

The option, awarded pursuant to the NOV Inc. Long-Term Incentive Plan, representing a right to purchase a total of 134,731 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.

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