NOV Inc. Insider Rodney Reed Files Form 4; No Transactions Disclosed
| Field | Detail |
|---|---|
| Company | Reed Rodney C. |
| Form Type | 4 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-filing, form-4, administrative, no-transaction
TL;DR
**NOV Inc. insider Rodney Reed filed a Form 4, but it shows no stock transactions.**
AI Summary
This Form 4 filing, dated March 24, 2026, indicates that Rodney C. Reed, an insider at NOV Inc. (CIK: 0001021860), has filed a statement of changes in beneficial ownership of securities. While the filing confirms Reed's reporting status and the company's details, it does not disclose any specific transactions (buys or sells) of NOV Inc. stock. This matters to investors because Form 4 filings typically reveal insider trading activity, which can signal management's confidence (or lack thereof) in the company's future, but in this case, no such activity is reported.
Why It Matters
Investors often watch Form 4 filings for insider trading signals, as these can indicate management's view on the company's stock value. The absence of reported transactions means there's no new insider buying or selling activity to interpret.
Risk Assessment
Risk Level: low — This filing is purely administrative, reporting no actual stock transactions, thus posing no direct financial risk or opportunity.
Analyst Insight
An investor should note that this filing is administrative and does not provide new information about insider buying or selling activity for NOV Inc. No immediate action is warranted based solely on this filing.
Key Players & Entities
- Reed Rodney C. (person) — Reporting Person
- NOV Inc. (company) — Issuer
- 0002060622 (person) — CIK of Reporting Person
- 0001021860 (company) — CIK of Issuer
- 2026-03-24 (date) — Filing Date
- 2026-03-20 (date) — Period of Report
FAQ
What is the purpose of this specific Form 4 filing by Rodney C. Reed?
This Form 4 filing by Rodney C. Reed, dated March 24, 2026, is a 'Statement of changes in beneficial ownership of securities' for NOV Inc. (CIK: 0001021860). However, the provided text indicates it's an administrative filing without disclosing any specific transactions (buys or sells) of NOV Inc. stock.
Who is Rodney C. Reed in relation to NOV Inc.?
Rodney C. Reed is identified as the 'Reporting' person in this Form 4 filing, indicating he is an insider (e.g., officer, director, or significant shareholder) of NOV Inc. (Issuer).
Filing Stats: 655 words · 3 min read · ~2 pages · Grade level 7.5 · Accepted 2026-03-24 10:17:40
Filing Documents
- ownership.html (4)
- ownership.xml (4) — 4KB
- 0001193125-26-120963.txt ( ) — 6KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Reed Rodney C. (Last) (First) (Middle) 10353 RICHMOND AVE. (Street) HOUSTON TEXAS 77042 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol NOV Inc. [ NOV ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Senior VP and CFO 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/20/2026 F 4,995 (1) D $ 18.68 165,797 D Common Stock 1,545 (2) I by 401(K) Plan Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Explanation of Responses: 1. Represents the number of shares withheld from the vesting of time-based restricted stock units (granted on March 20, 2025) to satisfy tax withholding liability. 2. Represents the number of shares equivalent of NOV common stock held by Mr. Reed under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Reed's account balance as of March 20, 2026. By: Peter F. Vranderic For: Rodney C. Reed 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)