Donadio Marcela E 4
Research Summary
AI-generated summary
NOV Director Marcela Donadio Receives 9,457-Share Award
What Happened
- Marcela E. Donadio, a director of NOV Inc. (NOV), received a grant of 9,457 restricted stock units (RSUs) on 2026-05-20. The reported acquisition price is $0, reflecting an award rather than a cash purchase. This is a grant (code A), not a sale or open-market purchase.
Key Details
- Transaction date: 2026-05-20; Filing date: 2026-05-22 (filed within the typical 2‑business‑day window).
- Shares granted: 9,457 RSUs; reported acquisition price: $0.
- Shares owned after transaction: not reported in this filing.
- Footnote: These are deferred, time‑based RSUs under NOV's Long‑Term Incentive Plan and, per the director's election under the Director Nonqualified Deferred Compensation Plan, will be distributed upon the director's retirement or board departure, but not earlier than one year from grant.
- Transaction type: Award/Grant (A). No 10b5-1, tax withholding, or sale included in this filing.
Context
- RSUs are equity awards that vest or are payable later; they do not represent an immediate cash outlay by the insider and are different from open‑market purchases or exercises. Because these RSUs are deferred until retirement/termination (and at least one year after grant), they don't indicate an immediate trading intent.