NOV Inc. Files 2024 DEF 14A Proxy Statement

Ticker: NOV · Form: DEF 14A · Filed: 2025-04-09T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

TL;DR

NOV Inc. proxy statement out, details exec pay for 2024. Vote your shares!

AI Summary

NOV Inc. filed a DEF 14A on April 9, 2025, for the fiscal year ending December 31, 2024. The filing details executive compensation and other corporate governance matters. Key individuals mentioned in relation to compensation for the 2024 fiscal year include members such as Weinstock, Livingston, Rovig, and Bayardo.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting decisions on proposals presented at the annual meeting.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing detailing executive compensation and corporate governance, not indicating immediate financial distress or significant operational changes.

Key Numbers

2024-12-31 — Fiscal Year End (The period covered by the compensation details in the filing.)
20250409 — Filing Date (The date NOV Inc. submitted this DEF 14A to the SEC.)

Key Players & Entities

NOV Inc. (company) — Filer of the DEF 14A
Weinstock (person) — Executive compensation recipient for 2024
Livingston (person) — Executive compensation recipient for 2024
Rovig (person) — Executive compensation recipient for 2024
Bayardo (person) — Executive compensation recipient for 2024

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes on important corporate matters, including the election of directors and executive compensation.

Which fiscal year's executive compensation is detailed in this filing?

This DEF 14A filing details executive compensation for the fiscal year ending December 31, 2024.

Who are some of the individuals whose compensation is mentioned in relation to the 2024 fiscal year?

The filing mentions individuals such as Weinstock, Livingston, Rovig, and Bayardo in the context of executive compensation for the 2024 fiscal year.

When was this DEF 14A filing submitted to the SEC?

This DEF 14A filing was submitted to the SEC on April 9, 2025.

What is NOV Inc.'s Standard Industrial Classification (SIC) code?

NOV Inc.'s SIC code is 3533, which corresponds to Oil & Gas Field Machinery & Equipment.

From the Filing

0001193125-25-076219.txt : 20250409 0001193125-25-076219.hdr.sgml : 20250409 20250409073034 ACCESSION NUMBER: 0001193125-25-076219 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 41 CONFORMED PERIOD OF REPORT: 20250520 FILED AS OF DATE: 20250409 DATE AS OF CHANGE: 20250409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NOV Inc. CENTRAL INDEX KEY: 0001021860 STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533] ORGANIZATION NAME: 01 Energy & Transportation EIN: 760475815 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-12317 FILM NUMBER: 25823833 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 DEF 14A 1 d911436ddef14a.htm DEF 14A DEF 14A Table of Contents DEF 14A false 0001021860 0001021860 2024-01-01 2024-12-31 0001021860 2023-01-01 2023-12-31 0001021860 2022-01-01 2022-12-31 0001021860 2021-01-01 2021-12-31 0001021860 2020-01-01 2020-12-31 0001021860 nov:WeinstockMember 2024-01-01 2024-12-31 0001021860 nov:LivingstonMember 2024-01-01 2024-12-31 0001021860 nov:RovigMember 2024-01-01 2024-12-31 0001021860 nov:BayardoMember 2024-01-01 2024-12-31 0001021860 nov:PensionValueForCurrentYearMember ecd:NonPeoNeoMember nov:BayardoMember 2024-01-01 2024-12-31 0001021860 nov:PensionNQDCasReportedinSCTMember ecd:NonPeoNeoMember nov:BayardoMember 2024-01-01 2024-12-31 0001021860 nov:PensionNQDCasReportedinSCTMember ecd:NonPeoNeoMember nov:RovigMember 2024-01-01 2024-12-31 0001021860 nov:PensionNQDCasReportedinSCTMember ecd:NonPeoNeoMember nov:LivingstonMember 2024-01-01 2024-12-31 0001021860 nov:PensionNQDCasReportedinSCTMember ecd:NonPeoNeoMember nov:WeinstockMember 2024-01-01 2024-12-31 0001021860 nov:PensionValueForCurrentYearMember ecd:NonPeoNeoMember nov:RovigMember 2024-01-01 2024-12-31 0001021860 ecd:EqtyAwrdsAdjsMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 ecd:EqtyAwrdsAdjsMember ecd:NonPeoNeoMember nov:BayardoMember 2024-01-01 2024-12-31 0001021860 ecd:EqtyAwrdsAdjsMember ecd:NonPeoNeoMember nov:RovigMember 2024-01-01 2024-12-31 0001021860 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001021860 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001021860 ecd:EqtyAwrdsAdjsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001021860 nov:PensionValueForCurrentYearMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 ecd:DvddsOrOthrErngsPdOnEqtyAwrdsNtOthrwsRflctdInTtlCompForCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 nov:OptionAwardsAsReportedInSctMember ecd:NonPeoNeoMember nov:LivingstonMember 2024-01-01 2024-12-31 0001021860 nov:OptionAwardsAsReportedInSctMember ecd:NonPeoNeoMember nov:WeinstockMember 2024-01-01 2024-12-31 0001021860 ecd:EqtyAwrdsAdjsMember ecd:NonPeoNeoMember nov:WeinstockMember 2024-01-01 2024-12-31 0001021860 nov:PensionNQDCasReportedinSCTMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 nov:StockAwardsAsReportedInSctMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 nov:OptionAwardsAsReportedInSctMember ecd:PeoMember 2024-01-01 2024-12-31 0001021860 nov:StockAwardsAsReportedInSctMember ecd:NonPeoNeoMember nov:BayardoMember 2024-01-01 2024-12-31 0001021860 nov:StockAwardsAsReportedInSctMember ecd:NonPeoNeoMember nov:RovigMem