Thomas William R. 4
Research Summary
AI-generated summary
NOV Director Thomas William R. Receives Award
What Happened
- Thomas William R., a director of NOV Inc. (NOV), was granted 9,457 restricted stock units (RSUs) on May 20, 2026. The grant is reported as an acquisition (transaction code A) at $0.00 per share (standard for RSU awards). The filing was submitted May 22, 2026.
Key Details
- Transaction date: 2026-05-20; Filing date: 2026-05-22 (timely Form 4 filing).
- Grant: 9,457 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in this Form 4.
- Footnote: These are time‑based RSUs under the NOV Inc. Long‑Term Incentive Plan that will vest on the first anniversary of the grant (see footnote F1).
- Transaction code: A = Award/Grant.
Context
- This was an equity award (not an open‑market purchase or sale). RSU grants are common compensation for directors/executives and do not by themselves indicate a buy/sell sentiment. The RSUs will convert to shares only if/when they vest per the stated schedule.