Rovig Joseph W 4

What Happened
Joseph W. Rovig, President – Energy Equipment at NOV Inc. (NOV), had 6,525 shares withheld from the vesting of time-based restricted stock units to satisfy tax withholding. The shares were recorded as disposed at $20.24 per share, totaling approximately $132,066. This is a routine tax-withholding transaction tied to RSU vesting, not an open-market sale indicating a deliberate investment decision.

Key Details

• Transaction date: February 19, 2026; filing date: February 23, 2026 (filed within the normal two-business-day window).
• Price and value: 6,525 shares × $20.24 = $132,066 (reported as "Disposed" under code F for tax withholding).
• Reason: Footnote F1 — shares withheld to satisfy tax withholding on time-based RSUs granted February 19, 2025.
• Additional holdings: Footnote F2 notes NOV common stock equivalents held in Mr. Rovig’s NOV 401(k) Plan as of February 19, 2026; the Form 4 does not provide a specific post-transaction total share count.
• Filing timeliness: Report appears timely (no late filing flag).

Context
This was a cashless tax-withholding disposal (code F) tied to RSU vesting, a common administrative action that does not by itself signal a change in the insider’s view of the company. For retail investors, purchases or open-market sales are generally more informative about insider sentiment than routine withholdings for taxes.