Bayardo Jose A 4

What Happened Bayardo Jose A, Chairman, President and CEO of NOV Inc., had 9,615 shares withheld to satisfy tax withholding on vested time-based restricted stock units. The withholding was recorded at $20.24 per share for a total value of $194,608 on 2026-02-19. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-19 at $20.24 per share.
• Shares withheld/disposed: 9,615; total value ~$194,608.
• Filing date: Form 4 filed 2026-02-23 (no late filing indicated in the report).
• Shares owned after transaction: not disclosed in this filing.
• Footnote: F1 — these shares were withheld from the vesting of time-based RSUs (granted 2025-02-19) to satisfy tax withholding liability.
• Transaction code: F (tax withholding).

Context Share withholding to cover taxes is a routine administrative action when RSUs vest and does not represent an executed sale in the open market. For retail investors, such withholdings are not generally a signal of insider sentiment; purchases or open-market sales provide more direct information about an insider’s market view.