Bayardo Jose A 4

What Happened Jose A. Bayardo, Chairman, President and CEO of NOV Inc. (NOV), had 4,995 shares withheld on March 20, 2026 to satisfy tax withholding tied to the vesting of time‑based restricted stock units. The withholding was recorded at $18.68 per share for a total value of $93,307. This was a tax‑withholding disposition (not an open‑market sale or purchase).

Key Details

• Transaction date and price: March 20, 2026; $18.68 per share.
• Shares withheld/disposed: 4,995 shares; total value ≈ $93,307.
• Transaction code: F (shares withheld to satisfy tax liability). Footnote F1 states these shares were withheld from the vesting of time‑based RSUs granted March 20, 2025.
• Shares owned after transaction: Not disclosed in this filing.
• Filing: Form 4 filed March 24, 2026 — filed timely (within the standard two business days).

Context This was a routine tax‑withholding action tied to RSU vesting and not an active sale on the open market. Withholding reduces the net shares delivered to the insider and is common when equity awards vest; it generally does not signal the insider’s market view. Purchases or open‑market sales tend to provide clearer signals about insider sentiment.