NOV Director Patricia Martinez Receives Award of 9,457 RSUs

What Happened

• Patricia Martinez, a director of NOV Inc. (NOV), was granted 9,457 restricted stock units (RSUs) on 2026-05-20. The award is reported on a Form 4 filed 2026-05-22 and is shown at a $0 acquisition price (typical for equity awards rather than open‑market purchases).

Key Details

• Transaction date: 2026-05-20; Filing date: 2026-05-22 (filed within the normal Form 4 window).
• Transaction type/code: A — Award/Grant (time‑based RSUs).
• Shares acquired: 9,457 RSUs; reported acquisition price: $0.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: The RSUs are time‑based and will vest on the first anniversary of the grant (per footnote F1).
• No sale, exercise, or tax‑withholding transaction reported in this filing.

Context

• This is a compensation award (not an open‑market purchase or sale). Time‑based RSUs typically align executive/director pay with company performance/retention and do not by themselves indicate buying or selling sentiment. The award vests after one year, at which point the shares may be delivered (and any applicable taxes handled).