NOV Inc. officer Joseph Rovig reports 40,000-share sale in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOV Inc. (NOV) reported an insider stock sale by President - Energy Equipment, Joseph W. Rovig. On 11/24/2025, he sold 40,000 shares of NOV common stock at an average price of $14.7459 per share, with trades executed between $14.74 and $14.78. After this transaction, Rovig beneficially owns 221,365 NOV shares directly and an additional 1,007 shares equivalent through the NOV Inc. 401(k) Plan based on his account balance as of November 24, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Rovig Joseph W
Role
President - Energy Equipment
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 40,000 | $14.7459 | $590K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 221,365 shares (Direct);
Common Stock — 1,007 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- The price reported in Column 4 is the average price. These shares were sold in multiple transactions. The prices for the shares ranged from $14.74 to $14.78. The reporting person undertakes to provide to NOV Inc., any securityholder of NOV Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth within this footnote (1) to this Form 4. Represents the number of shares equivalent of NOV common stock held by Mr. Rovig under the NOV Inc. 401(k) Plan. The information in this report is based on Mr. Rovig's account balance as of November 24, 2025.
FAQ
What insider transaction did NOV (NOV) disclose in this Form 4?
The filing reports that Joseph W. Rovig, President - Energy Equipment at NOV Inc., sold 40,000 shares of NOV common stock on 11/24/2025.
What is Joseph W. Rovig’s role at NOV Inc.?
Joseph W. Rovig is an officer of NOV Inc., serving as President - Energy Equipment, as indicated in the Form 4.
Does the Form 4 include any derivative securities for NOV?
Table II for derivative securities is present but shows no NOV derivative securities acquired, disposed of, or beneficially owned in this report.
How is Rovig’s 401(k) holding in NOV described?
The filing states that 1,007 shares represent the equivalent number of NOV common shares held under the NOV Inc. 401(k) Plan, based on Rovig’s account balance as of November 24, 2025.