Novak Christy Lynn 4

What Happened

• Christy Lynn Novak, Vice President, Corporate Controller and Chief Accounting Officer of NOV Inc. (NOV), had 869 shares withheld on March 20, 2026 to satisfy tax withholding related to the vesting of time‑based restricted stock units. The shares were valued at $18.68 each, totaling approximately $16,233.
• This was a tax-withholding/settlement of an award (not an open-market sale or purchase).

Key Details

• Transaction date and price: 2026-03-20, 869 shares at $18.68 per share (total ≈ $16,233).
• Shares owned after transaction: not disclosed in the filing.
• Footnote: F1 — the 869 shares were withheld from the vesting of time-based RSUs granted on March 20, 2025 to satisfy tax withholding.
• Filing: Report filed on 2026-03-24 for the 2026-03-20 transaction (timely filing within required business-day window).
• Transaction code: F — tax withholding in connection with an award vesting.

Context

• Withholding shares to cover taxes on vested RSUs is a routine administrative action (a cashless settlement) and does not indicate a discretionary sale or purchase decision by the insider.
• For retail investors, purchases typically signal stronger insider conviction; tax-withholding events are common and generally neutral with respect to sentiment.