NOV Inc.·4

Feb 9, 9:46 PM ET

Novak Christy Lynn 4

Research Summary

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Updated

NOV Inc. VP Christy Novak Withholds 4,773 Shares for Taxes

What Happened

  • Christy Lynn Novak, VP, Corporate Controller and CAO of NOV Inc. (NOV), had 4,773 shares withheld to satisfy tax withholding on vested time-based restricted stock units. The shares were valued at $18.91 each, for a total disposition of about $90,257. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction date and price: Feb 6, 2026 at $18.91 per share.
  • Shares disposed: 4,773 shares; total value ≈ $90,257.
  • Shares owned after transaction: Not specified in the Form 4 filing.
  • Footnote: F1 — Shares were withheld from the vesting of time‑based RSUs granted on Feb 6, 2024 to satisfy tax withholding.
  • Timeliness: Report filed Feb 9, 2026 — the filing appears timely (filed within required business-day window).

Context

  • This was a tax-withholding action (often described as a cashless or net share settlement) tied to RSU vesting, a routine administrative transaction that does not necessarily indicate insider sentiment. Purchases generally carry more informational weight than routine withholding or sales.