NL INDUSTRIES INC·4

May 15, 8:04 AM ET

Harper John E 4

Research Summary

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NL Industries Director John E. Harper Receives 6,000-Share Award

What Happened
John E. Harper, a director of NL Industries, was granted 6,000 shares on 2026-05-14. The filing reports an acquisition price of $6.67 per share, for a total value of $40,020. This transaction is an award/grant (code A) — shares issued as director compensation rather than an open‑market purchase.

Key Details

  • Transaction date: 2026-05-14; Form 4 filed: 2026-05-15 (timely filing).
  • Price reported: $6.67 per share; total value: $40,020.
  • Shares owned after transaction: Not disclosed in the Form 4.
  • Footnote: Shares were issued for no cash consideration under the NL Industries, Inc. 2023 Non‑Employee Director Stock Plan.
  • Transaction type: Award/Grant (code A) — not a sale, exercise, or open‑market buy.

Context
Director awards are typically part of routine compensation and do not by themselves indicate an insider buying shares in the open market. This was a non‑cash issuance under the company’s director plan; therefore, it should be viewed as compensation rather than a direct vote of market confidence.