AI assistant
NOV Inc. — Director's Dealing 2025
Feb 21, 2025
31030_dirs_2025-02-21_ce1b2f79-3d80-4015-b12f-df71e3d205e3.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NOV Inc. (NOV)
CIK: 0001021860
Period of Report: 2025-02-19
Reporting Person: WILLIAMS CLAY C (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-19 | Common Stock | A | 235602 | — | Acquired | 1500838 | Direct |
| 2025-02-19 | Common Stock | A | 200462 | — | Acquired | 1701300 | Direct |
| 2025-02-19 | Common Stock | F | 78882 | $15.28 | Disposed | 1622418 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-19 | Non-Qualified Stock Option (right to buy) | $15.28 | A | 134731 | Acquired | 2035-02-20 | Common Stock (134731) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 30000 | Indirect |
| Common Stock | 46 | Indirect |
Footnotes
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.
F2: Represents the total number of shares that vested from the performance share awards granted to Mr. Williams on February 15, 2022.
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.
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.
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.