Reed Rodney C. 4

What Happened Rodney C. Reed, Senior Vice President and Chief Financial Officer of NOV Inc., had 4,995 shares withheld to satisfy tax withholding on the vesting of time‑based restricted stock units. The withholding was reported as a disposition at $18.68 per share, representing approximately $93,307 in value. This was a tax‑withholding transaction (code F), not an open‑market sale.

Key Details

• Transaction date: March 20, 2026; filing date: March 24, 2026 (filed within the Form 4 filing window).
• Price and amount: 4,995 shares withheld at $18.68 per share; total value ≈ $93,307.
• Reason: Shares withheld to satisfy tax withholding on RSUs granted March 20, 2025 (footnote F1).
• Shares owned after transaction: The filing does not disclose total beneficial ownership; it does note Mr. Reed’s NOV 401(k) share‑equivalent balance as of March 20, 2026 (footnote F2).
• Transaction code: F — payment of tax liability via share withholding (cashless withholding), not a market sale.

Context This is a routine tax‑withholding disposition tied to RSU vesting and does not necessarily indicate a change in insider sentiment. Withheld shares are retained to cover taxes rather than sold on the open market. The filing was timely.