Reed Rodney C. 4
4 · NOV Inc. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
NOV CFO Rodney C. Reed Withholds 2,527 Shares for Taxes
What Happened
Rodney C. Reed, Senior Vice President and Chief Financial Officer of NOV Inc., had 2,527 shares withheld to satisfy tax withholding on the vesting of time‑based restricted stock units (RSUs). The withholding price reported was $18.91 per share, for a total value of approximately $47,786. This was a tax‑payment disposal (Form 4 code F), not an open‑market sale.
Key Details
- Transaction date: February 6, 2026; Filing date: February 9, 2026 (filed timely).
- Withheld shares: 2,527 at $18.91/share; total value ≈ $47,786.
- Transaction code: F — shares withheld to satisfy tax withholding on vested RSUs (granted Feb 6, 2024).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: F2 notes the report includes the number of NOV common‑stock equivalents held by Mr. Reed under the NOV Inc. 401(k) Plan based on his account balance as of Feb 6, 2026 (specific 401(k) share count not shown here).
Context
This was a routine cashless tax withholding tied to RSU vesting—not a sale to a third party—so it generally does not signal CEO/CFO sentiment about the stock. For retail investors, purchases or open‑market sales by insiders are usually more informative about conviction than tax withholdings, which are administrative.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-06$18.91/sh−2,527$47,786→ 143,913 total
- 1,545(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]Represents the number of shares withheld from the vesting of time-based restricted stock units (granted on February 6, 2024) to satisfy tax withholding liability.
- [F2]Represents the number of shares equivalent of NOV common stock held by Mr. Reed under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Reed's account balance as of February 6, 2026.