secwatch.observer — SEC 8-K summary
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Issuer:     NOV Inc. (NOV)
CIK:        0001021860
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001193125-22-048595
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01, 2.02
LLM model:  deepseek-v4-flash:cloud@v2

NOV grants 248,805 RSUs to CEO and four other NEOs; vesting over three years
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- CEO Clay C. Williams received 127,764 RSUs; CFO Jose A. Bayardo 40,347; three presidents each 26,898 RSUs.
- RSUs vest in three equal annual installments beginning February 15, 2023, subject to continued employment.
- Compensation Committee also approved new forms of Performance Award and Nonqualified Stock Option Agreements under the 2018 LTIP.
- Grants made under National Oilwell Varco, Inc. 2018 Long-Term Incentive Plan; no financial results or guidance changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021860/000119312522048595/0001193125-22-048595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021860/000119312522048595/d290012d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-048595

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer