Form 4: NOV CFO's Stock Transaction for Tax Withholding

NOV Inc.'s Senior VP and CFO, Rodney C. Reed, reported a disposition of 3,477 common shares to cover tax liabilities from restricted stock unit vesting.

Summary

• Rodney C. Reed, Senior VP and CFO of NOV Inc., reported a transaction on February 19, 2026.
• The transaction involved the disposition of 3,477 shares of NOV Common Stock at a price of $20.24 per share.
• These shares were withheld from the vesting of time-based restricted stock units, originally granted on February 19, 2025, to satisfy tax withholding liability.
• Following this transaction, Mr. Reed directly beneficially owns 172,827 shares of Common Stock.
• Additionally, Mr. Reed indirectly beneficially owns 1,545 shares of Common Stock through the NOV Inc. 401(k) Plan, as of February 19, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine and non-material insider transaction related to tax obligations upon restricted stock unit vesting, which typically has no significant impact on company valuation or operational outlook.

Industry Context

StockSavvy.ai notes that this type of insider transaction, involving the disposition of shares to cover tax liabilities upon the vesting of restricted stock units, is a common and routine event for executives in publicly traded companies across all industries. It does not typically reflect a change in management's outlook on the company's performance or strategic direction.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine tax-related transaction by an insider and does not indicate a change in company fundamentals or management's confidence.

Key Dates

Keywords

NOV Inc., NOV, Rodney C. Reed, Form 4, insider transaction, stock disposition, tax withholding, restricted stock units, RSU, beneficial ownership, CFO