NOV Inc. Reports Executive and Director Changes

Ticker: NOV · Form: 8-K · Filed: 2024-03-06T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-changes, board-of-directors

TL;DR

NOV Inc. filed an 8-K on March 6, 2024, announcing changes to its executive team and board.

AI Summary

On March 6, 2024, NOV Inc. filed an 8-K report detailing changes in its executive officers and board of directors. The filing also includes information regarding compensatory arrangements for certain officers. Specific details on the individuals involved and the exact nature of the compensatory arrangements were not provided in the excerpt.

Why It Matters

Changes in executive leadership and board composition can signal shifts in company strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing is routine and reports standard corporate governance changes without immediate financial implications.

Key Players & Entities

FAQ

What specific changes were made to NOV Inc.'s board of directors?

The filing indicates changes in the election of directors, but specific names or details of the changes were not provided in the excerpt.

Were there any departures of directors or officers mentioned in the filing?

Yes, the filing lists 'Departure of Directors or Certain Officers' as an item of information being reported.

What is the exact date of the earliest event reported in this 8-K?

The date of the earliest event reported is March 6, 2024.

What is NOV Inc.'s principal executive office address?

NOV Inc.'s principal executive offices are located at 10353 Richmond Ave., Houston, Texas 77042.

What is the Commission File Number for NOV Inc.?

NOV Inc.'s Commission File Number is 001-12317.

From the Filing

0001193125-24-060861.txt : 20240306 0001193125-24-060861.hdr.sgml : 20240306 20240306171601 ACCESSION NUMBER: 0001193125-24-060861 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240306 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240306 DATE AS OF CHANGE: 20240306 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NOV Inc. CENTRAL INDEX KEY: 0001021860 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] ORGANIZATION NAME: 06 Technology IRS NUMBER: 760475815 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12317 FILM NUMBER: 24727035 BUSINESS ADDRESS: STREET 1: 10353 RICHMOND AVE. CITY: HOUSTON STATE: TX ZIP: 77042 BUSINESS PHONE: 346-223-3000 MAIL ADDRESS: STREET 1: 10353 RICHMOND AVE. CITY: HOUSTON STATE: TX ZIP: 77042 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL OILWELL VARCO INC DATE OF NAME CHANGE: 20050311 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL OILWELL INC DATE OF NAME CHANGE: 19960829 8-K 1 d798440d8k.htm 8-K 8-K false 0001021860 0001021860 2024-03-06 2024-03-06     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): March 6, 2024     NOV INC. (Exact Name of Registrant as Specified in Charter)       Delaware   1-12317   76-0475815 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   10353 Richmond Ave. Houston , Texas   77042 (Address of Principal Executive Offices)   (Zip Code) Registrant’s Telephone Number, Including Area Code 346 - 223-3000   (Former Name or Former Address, if Changed Since Last Report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):     ☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   NOV   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Election of Director On March 6, 2024, the Board of Directors (the “Board”) of NOV Inc. (the “Company”) appointed Patricia Martinez as a director of the Company, effective March

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