Form 4: NOV Inc. Executive Craig L. Weinstock Reports Stock Transaction
SEC Form 4 Filing
Craig L. Weinstock, Sr. VP & General Counsel of NOV Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On February 15, 2025, Craig L. Weinstock, Sr. VP & General Counsel of NOV Inc., reported a transaction involving common stock.
- A total of 3,176 shares were disposed of to satisfy tax withholding obligations related to the vesting of time-based restricted stock units granted on February 15, 2022.
- The disposition was executed at a price of $15.54 per share.
- Following the transaction, Weinstock directly owns 209,399 shares of NOV Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations on vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 02/15/2022 | Date of grant for the time-based restricted stock units. |
| 02/15/2025 | Date of the stock transaction (disposal of shares for tax withholding). |
| 02/18/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, NOV Inc., Craig L. Weinstock, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Withholding
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