Form 4: NOV Inc. Director Eric L. Mattson Reports Acquisition of Common Stock Following Termination of Service

Director Eric L. Mattson reports acquiring 2,685 shares of NOV Inc. common stock upon conversion of deferred stock units after leaving the board.

Summary

• On May 20, 2025, Eric L. Mattson, a director of NOV Inc., reported acquiring 2,685 shares of common stock.
• The acquisition resulted from the conversion of deferred stock units that vested upon his termination of service from the issuer's board of directors.
• Following the transaction, Mattson directly owns 70,835 shares of NOV Inc. common stock.
• Mattson has granted power of attorney to Craig L. Weinstock, Peter F. Vranderic, and Brigitte M. Hunt to execute and file SEC forms on his behalf.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies. It reflects changes in beneficial ownership by a company director.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates

Keywords

Form 4, NOV Inc., Director, Eric L. Mattson, Stock Acquisition, Deferred Stock Units, Beneficial Ownership, Power of Attorney