Reed Rodney C. 4

What Happened

• Rodney C. Reed, Senior Vice President and Chief Financial Officer of NOV Inc. (NOV), had 3,477 restricted stock unit (RSU) shares withheld on February 19, 2026 to satisfy tax withholding obligations. The withheld shares were valued at $20.24 each, totaling $70,374. This was a tax-withholding disposition of newly vested time-based RSUs (grant dated Feb 19, 2025), not an open-market sale.

Key Details

• Transaction date: 2026-02-19; reported on Form 4 filed 2026-02-23 (timely within the two-business-day filing window).
• Price per share: $20.24; total value of withheld shares: $70,374.
• Shares withheld: 3,477 (transaction code F — payment of exercise price or tax liability; here used to satisfy tax withholding on RSU vesting).
• Shares owned after transaction: Not specified in the provided excerpt; footnote F2 notes the number of NOV-equivalent shares held by Mr. Reed in the NOV Inc. 401(k) Plan as of Feb 19, 2026.
• Footnotes: F1 = shares withheld from the vesting of time-based RSUs (grant date Feb 19, 2025) to satisfy tax withholding. F2 = balance in NOV common stock equivalents under his 401(k) as of Feb 19, 2026.

Context

• This is a routine corporate tax-withholding action on vested RSUs (a common administrative disposition) rather than a voluntary sale or open-market trade. Such withholdings generally do not signal a change in an insider’s view of the company’s stock.