NOV Inc. Seeks Shareholder Vote Approval

Ticker: NOV · Form: 8-K · Filed: 2024-05-16T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, shareholder-vote

TL;DR

NOV Inc. is asking shareholders to vote on key company matters.

AI Summary

On May 15, 2024, NOV Inc. filed an 8-K report detailing a submission of matters to a vote of its security holders. The filing indicates that the company is seeking shareholder approval for certain corporate actions, though the specific details of these matters are not elaborated upon in the provided text.

Why It Matters

This filing signals that important corporate decisions requiring shareholder consent are being put forth by NOV Inc., which could impact the company's future direction and shareholder rights.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any immediate financial risks or significant operational changes.

Key Players & Entities

FAQ

What specific matters are being submitted for a vote of NOV Inc.'s security holders?

The provided text of the 8-K filing states that matters are being submitted to a vote of security holders, but it does not specify what those matters are.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on May 15, 2024.

In which U.S. state is NOV Inc. incorporated?

NOV Inc. is incorporated in Delaware.

What is the Commission File Number for NOV Inc.?

The Commission File Number for NOV Inc. is 001-12317.

What is the principal executive office address for NOV Inc.?

The principal executive office address for NOV Inc. is 10353 Richmond Ave., Houston, Texas 77042.

From the Filing

0001193125-24-140685.txt : 20240516 0001193125-24-140685.hdr.sgml : 20240516 20240516170034 ACCESSION NUMBER: 0001193125-24-140685 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240515 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20240516 DATE AS OF CHANGE: 20240516 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: 24956515 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 d835614d8k.htm 8-K 8-K false 0001021860 0001021860 2024-05-15 2024-05-15     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): May 15, 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 5.07 Submission of Matters to a Vote of Security Holders On May 15, 2024, NOV Inc. (the “Company”) held its Annual Meeting of Stockholders where the following matters were voted upon and approved by the Company’s stockholders:   1. the election of ten members to the Board of Directors;   2. the ratification of the appointment of Ernst & Young LLP as the Company’s independent auditors for 2024; and   3. the approval, on an advisory basis, of the compensation of our named executive officers; Th

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