Martinez Patricia 4
Research Summary
AI-generated summary
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).