Rodney C. Reed - Mar 17, 2025 Form 3 Insider Report for NOV Inc. (NOV)

Role
Senior VP and CFO
Signature
By: Peter F. Vranderic For: Rodney C. Reed
Stock symbol
NOV
Transactions as of
Mar 17, 2025
Transactions value $
$0
Form type
3
Date filed
3/20/2025, 11:40 AM
Next filing
Mar 24, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NOV Common Stock 63.8K Mar 17, 2025 Direct
holding NOV Common Stock 5.17K Mar 17, 2025 Direct F1
holding NOV Common Stock 12.8K Mar 17, 2025 Direct F2
holding NOV Common Stock 26.5K Mar 17, 2025 Direct F3
holding NOV Common Stock 1.49K Mar 17, 2025 by 401(k) Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 14.8K $38.86 Direct F5
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 39.2K $34.32 Direct F6
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 17.4K $35.09 Direct F7
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 16.5K $28.72 Direct F8
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 19.3K $20.23 Direct F9
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 19.8K $15.00 Direct F10
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 18K $16.73 Direct F11
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 11.5K $21.76 Direct F12
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 14.2K $17.52 Direct F13
holding NOV Non-Qualified Stock Option (right to buy) Mar 17, 2025 Common Stock 6.74K $15.28 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the remaining unvested portion of time-based restricted stock granted on 2/23/2023 pursuant to the Issuer's NOV Inc. Long-Term Inventive Plan (the "Plan"), which began vesting in three equal annual installments on the first anniversary of the date of grant.
F2 Represents the remaining unvested portion of time-based restricted stock units granted on 2/6/2024 pursuant to the Plan, which began vesting in three equal annual installments on the first anniversary of the date of grant.
F3 Represents an equity award of time-based restricted stock units granted on 2/19/2025 pursuant to the Plan, which will vest in three equal annual installments commencing on the first anniversary of the date of grant.
F4 Represents the number of shares equivalent of NOV common stock held by Mr. Reed under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Reed's account balance as of March 17, 2025.
F5 This option is exercisable in three equal annual installments beginning on 02/22/2018.
F6 This option is exercisable in three equal annual installments beginning on 02/24/2017 for the first installment, 12/20/2017 for the second installment, and 02/24/2019 for the third installment.
F7 This option is exercisable in three equal annual installments beginning on 02/28/2019.
F8 This option is exercisable in three equal annual installments beginning on 02/27/2020.
F9 This option is exercisable in three equal annual installments beginning on 02/25/2021.
F10 This option is exercisable in three equal annual installments beginning on 02/22/2022.
F11 This option is exercisable in three equal annual installments beginning on 02/15/2023.
F12 This option is exercisable in three equal annual installments beginning on 02/23/2024.
F13 This option is exercisable in three equal annual installments beginning on 02/6/2025.
F14 This option is exercisable in three equal annual installments beginning on 02/19/2026.

Remarks:

See Exhibit 24.1 - Power of Attorney.