Novak Christy Lynn 4

What Happened

• Christy Lynn Novak, VP, Corporate Controller and CAO of NOV Inc., had 6,568 shares withheld (disposed) to satisfy tax withholding related to vested time-based restricted stock units. The withholding was effected at $20.24 per share for an aggregate value of roughly $132,936. This was a tax-withholding disposition on the RSU vesting date, not an open-market sale or a purchase.

Key Details

• Transaction date: February 19, 2026; Filing date with the SEC: February 23, 2026.
• Price: $20.24 per share; Shares involved: 6,568; Reported value: approximately $132,936.
• Shares owned after transaction: not specified in the Form 4 provided.
• Footnote: The shares were withheld from the vesting of time-based RSUs (granted February 19, 2025) to satisfy tax withholding (Footnote F1).
• Filing timeliness: filing date is Feb 23, 2026 for a Feb 19 transaction; the Form 4 does not indicate a late filing.

Context

• This is a routine tax-withholding transaction (code F) tied to RSU vesting — effectively a cashless surrender of shares to cover taxes — and should not be interpreted as a deliberate market sell or buy signal. Purchases or open-market sales by insiders typically carry more weight for assessing insider sentiment.