Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-22

NOV Inc (NOV)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$12,713,187
Clay Williams total, FY2025
1st
CEO pay percentile vs peers
177:1
CEO-to-median pay ratio
98.86%
Say-on-pay support, latest vote
Companies that benchmark against NOV
10 companies name NOV as a compensation peer

Each company listed discloses NOV in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NOV in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Clay Williams$1,000,000$0$9,576,940$899,208$1,129,492$90,047$17,500$12,713,187
Former Chairman & Chief Executive Officer
Jose Bayardo824,31504,327,290279,752694,123041,0586,166,538
Chairman, President & Chief Executive Officer
Joseph Rovig600,00002,021,797189,831694,271030,0003,535,900
President – Energy Equipment
Craig Weinstock565,00001,808,977169,849417,260026,2942,987,381
Senior Vice President, Secretary, and General Counsel
Rodney Reed533,15601,752,80244,963425,663026,4002,782,984
Senior Vice President & Chief Financial Officer
Scott Livingston550,00001,596,157149,867292,497027,5002,616,021
President – Energy Products and Services

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Clay Williams$12,713,187$11,974,375$12,975,182+738,812
Jose Bayardo6,166,5384,344,7244,730,824+1,821,814
Joseph Rovig3,535,9003,213,9663,470,302+321,934
Craig Weinstock2,987,381
Rodney Reed2,782,984
Scott Livingston2,616,021

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Rodney ReedPSU2025-03-2019,04038,07976,158$772,812
Joseph RovigOPTION2025-02-1928,443189,831
Craig Weinstock2025-02-1944,503680,006
Jose BayardoRSU2025-02-1973,2981,119,993
Jose BayardoPSU2025-03-2019,04038,07976,158685,533
Jose BayardoPSU2025-02-1945,81291,623183,2461,946,771
Jose BayardoOPTION2025-02-1941,916279,752
Jose BayardoRSU2025-03-2038,079574,993
Craig WeinstockOPTION2025-02-1925,449169,849
Clay WilliamsRSU2025-02-19235,6023,599,999
Rodney ReedRSU2025-02-1926,505404,996
Rodney ReedRSU2025-03-2038,079574,993
Craig WeinstockPSU2025-02-1927,81455,628111,2561,128,971
Joseph RovigRSU2025-02-1949,738759,997
Rodney ReedOPTION2025-02-196,73744,963
Clay WilliamsPSU2025-02-19147,252294,503589,0065,976,941
Clay WilliamsOPTION2025-02-19134,731899,208
Scott LivingstonRSU2025-02-1939,267600,000
Joseph RovigPSU2025-02-1931,08762,173124,3461,261,801
Scott LivingstonOPTION2025-02-1922,455149,867
Scott LivingstonPSU2025-02-1924,54249,08498,168996,157
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Rodney Reed$979,989$772,812$44,96343.0%
Joseph Rovig759,9971,261,801189,83157.1%
Craig Weinstock01,128,971169,84986.9%
Jose Bayardo1,694,9862,632,304279,75257.1%
Clay Williams3,599,9995,976,941899,20857.1%
Scott Livingston600,000996,157149,86757.1%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Scott LivingstonRSU5,170$80,807
Joseph RovigOption79,08615
Jose BayardoOption118,26038.86
Clay WilliamsRSU294,5034,603,082
Joseph RovigOption49,82628.24
Jose BayardoRSU10,723167,600
Rodney ReedOption3,84621.76
Rodney ReedRSU5,17080,807
Scott LivingstonOption14,79038.86
Scott LivingstonOption18,00016.73
Craig WeinstockRSU16,172252,768
Rodney ReedOption19,29720.23
Clay WilliamsRSU256,8494,014,550
Clay WilliamsRSU235,6023,682,459
Craig WeinstockRSU44,503695,582
Craig WeinstockRSU39,063610,555
Craig WeinstockOption14,53021.76
Scott LivingstonOption17,36720.23
Clay WilliamsRSU85,6171,338,194
Jose BayardoRSU64,3381,005,603
Joseph RovigRSU62,173971,764
Craig WeinstockRSU55,628869,466
Joseph RovigRSU54,224847,521
Joseph RovigRSU49,738777,405
Scott LivingstonRSU42,808669,089
Joseph RovigRSU43,658682,375
Jose BayardoRSU38,079595,175
Rodney ReedRSU38,079595,175
Craig WeinstockOption71,17815
Jose BayardoOption108,00016.73
Clay WilliamsOption76,92321.76
Scott LivingstonRSU49,084767,183
Clay WilliamsOption289,92038.86
Jose BayardoOption115,78020.23
Jose BayardoOption98,90128.72
Joseph RovigOption20,01717.52
Rodney ReedOption39,24034.32
Joseph RovigOption71,50435.09
Craig WeinstockOption69,46820.23
Craig WeinstockOption65,05038.86
Jose BayardoRSU91,6231,432,067
Jose BayardoRSU73,2981,145,648
Clay WilliamsRSU34,467538,719
Joseph RovigOption77,18720.23
Rodney ReedOption9,48217.52
Jose BayardoOption107,25635.09
Jose BayardoRSU26,636416,321
Clay WilliamsRSU206,8013,232,300
Scott LivingstonRSU14,269223,024
Craig WeinstockOption35,82017.52
Scott LivingstonOption15,61535.09
Craig WeinstockRSU48,516758,305
Clay WilliamsOption134,73115.28
Craig WeinstockOption109,52928.24
Rodney ReedOption14,79038.86
Joseph RovigRSU18,074282,497
Scott LivingstonRSU39,267613,743
Craig WeinstockOption25,44915.28
Craig WeinstockOption64,35335.09
Jose BayardoOption224,21528.24
Rodney ReedOption16,48428.72
Joseph RovigOption16,24021.76
Clay WilliamsOption375,65915
Scott LivingstonOption3,84621.76
Joseph RovigOption53,22038.86
Clay WilliamsOption342,00016.73
Craig WeinstockOption59,34128.72
Clay WilliamsOption189,63417.52
Joseph RovigOption72,00016.73
Scott LivingstonOption14,83528.72
Scott LivingstonOption39,24034.32
Craig WeinstockOption64,80016.73
Jose BayardoOption41,91615.28
Joseph RovigOption28,44315.28
Jose BayardoOption58,99817.52
Scott LivingstonOption22,45515.28
Rodney ReedOption6,73715.28
Clay WilliamsOption366,63820.23
Clay WilliamsOption313,18728.72
Clay WilliamsOption339,64235.09
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company believes that in order to attract, motivate, and retain talented executives, its compensation program should be properly designed to: Provide a strong emphasis on performance, tied to balanced short- and long-term objectives; Provide a market-competitive pay level; Provide alignment with shareholder interests; and Provide a certain level of financial security.

CEO STI target (% of salary)130%
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-20316,330,0333,453,317210,05598.86%Passed
20252025-05-20321,782,5029,993,0886,334,97995.17%Passed
20242024-05-15335,215,82212,428,5536,842,60794.56%Passed
20232023-05-17336,552,28714,138,035340,74195.88%Passed
20222022-05-24336,426,5405,600,329319,50498.27%Passed
20212021-05-19327,376,9496,719,134228,68697.92%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2098.86%a
20252025-05-2095.17%b
20242024-05-1594.56%c

a. Approved under the standard stated in the filing — “An abstention will have the same effect as a vote "against" such proposal.”.

b. Approved under the standard stated in the filing — “An abstention or a broker non-vote will have the same effect as a vote "against" such proposal.”.

c. Approved under the standard stated in the filing — “An abstention or a broker non-vote will have the same effect as a vote "against" such proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)177 : 1
CEO total compensation$12,713,187
Median employee compensation$71,814
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
William R. ThomasIndependent · Lead Independent Director · Compensation$131,875$200,000$0$331,875
Marcela E. DonadioIndependent · Audit (Chair)130,000200,0000613330,613
Christian S. KendallIndependent · Compensation (Chair)114,375200,000011,631326,006
David D. HarrisonIndependent · Audit · Nominating/Corporate Governance113,750200,00008,945322,695
Robert S. WelbornIndependent · Nominating/Corporate Governance (Chair)115,000200,0000315,000
Ben A. GuillIndependent · Compensation (Chair) · Not standing for re-election · Departed during FY114,063200,0000314,063
Patricia MartinezIndependent · Compensation · Nominating/Corporate Governance113,750200,0000313,750
Patricia B. MelcherIndependent · Audit110,000200,0000310,000
Greg L. ArmstrongIndependent · Not standing for re-election · Departed during FY106,25086,1370192,387
Eric L. MattsonIndependent · Not standing for re-election · Departed during FY86,25033,67006,301126,221
Jose A. BayardoEmployee director · Board Chair00000
Sanjay K. ChowbeyIndependent · Audit · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$200,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 20,000 / 15,000
Stock ownership guideline$600,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,135,313
Equity awards (grant-date value)$1,719,807
All other compensation$27,490
Total cost of the board$2,882,610

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies NOV Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including NOV Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Baker Hughes Company2025Lorenzo Simonelli$13,310,819$0$3,557,706$21,363,825
2Cummins Inc.2025Jennifer Rumsey1,533,7506,429,00406,975,65619,905,532
3Parker-Hannifin Corporation2025Jennifer Parmentier1,462,5006,313,2266,941,3153,356,41619,317,705
4Hess Corporation2024John Hess1,575,00012,075,03604,358,70018,036,267
5TechnipFMC plc2025Douglas Pferdehirt1,450,00012,361,64003,501,75017,816,188
6Schlumberger Limited2025Olivier Le Peuch1,650,00012,374,95302,083,95017,347,291
7Halliburton Company2025Jeffrey Miller1,700,0007,992,78205,944,83616,525,407
8Ingersoll Rand Inc.2025Vicente Reynal1,185,7857,078,1686,423,9711,242,00016,197,391
9Illinois Tool Works Inc.2025Christopher A. O'Herlihy1,337,2715,249,9575,249,9962,702,38915,211,011
10APA Corporation2025John Christmann IV1,300,0006,018,4361,897,9963,454,36013,202,517
11Weatherford International plc2025Girishchandra Saligram1,254,8089,969,03501,735,29613,022,298
12Marathon Oil Corporation2023Lee Tillman1,200,0008,668,14401,980,00012,830,222
13NOV Inc2025Clay Williams1,000,0009,576,940899,2081,129,49212,713,187
14Helmerich & Payne, Inc.2025John Lindsay1,179,9095,749,95701,559,0169,010,799
15Generac Holdings Inc.2025Aaron Jagdfeld1,090,5485,250,1851,750,006683,2868,809,765
16Oceaneering International, Inc.2025Roderick Larson910,0002,027,79604,282,4257,735,670
ChampionX Corporationnot in coverage universe
Transocean Ltd.not in coverage universe
TPI Composites, Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
NOV Inc87%PSU 50 · RSU 40 · Options 10Yes — TSR (total shareholder return) goalMeridian Compensation Partners
APA Corporation189.8%PSU 60 · Options 20 · RSU 20Yes — Relative TSRPearl Meyer & Partners, LLC
Baker Hughes Company113.5%PSU 60 · RSU 40Yes — Relative TSRFrederic W. Cook & Co., Inc. (FW Cook)
ChampionX Corporationnot disclosednot disclosednot disclosednot disclosed
Cummins Inc.90%PSU 70 · Cash LTI 30NoFarient
Generac Holdings Inc.46%PSU 50 · RSU 25 · Options 25NoPay Governance
Halliburton Companynot disclosedPSU 50 · Cash LTI 50Yes — Total Shareholder Return (TSR)not disclosed
Helmerich & Payne, Inc.109.09%PSU 50 · RSU 50Yes — Total Stockholder Return (TSR)Willis Towers Watson
Hess Corporation184.3%RSU 100Yes — Relative TSR (Total Shareholder Return)Semler Brossy Consulting Group LLC
Illinois Tool Works Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners LLC
Ingersoll Rand Inc.69%PSU 50 · RSU 25 · Options 25Yes — Relative TSR vs. the S&P 500 IndustrialsPay Governance
Marathon Oil Corporation110%PSU 60 · RSU 40NoMeridian Compensation Partners LLC
Oceaneering International, Inc.124%PSU 50 · RSU 50Yes — Relative TSRMeridian
Parker-Hannifin Corporation139.09%PSU 50 · Options 50NoMercer Consulting (Marsh & McLennan Companies, Inc.)
Schlumberger Limited84%PSU 75 · RSU 25Yes — Total Shareholder Return (TSR)Pay Governance
TechnipFMC plc161%PSU 70 · RSU 30Yes — Relative TSRPearl Meyer & Partners, LLC
TPI Composites, Inc.not disclosednot disclosednot disclosednot disclosed
Transocean Ltd.150%PSU 50 · RSU 50NoPay Governance LLC
Weatherford International plc92.3%PSU 75 · RSU 25NoLB&Co.

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Clay WilliamsDEF 14A2026-04-090001193125-26-148884Section “Summary Compensation Table”. As printed: 12,713,187. Filing ↗machine: t130 · r2 · c35 · span 574372–574382
2Section 01, Jose BayardoDEF 14A2026-04-090001193125-26-148884Section “Summary Compensation Table”. As printed: 6,166,538. Filing ↗machine: t130 · r3 · c35 · span 583094–583103
3Section 01, Joseph RovigDEF 14A2026-04-090001193125-26-148884Section “Summary Compensation Table”. As printed: 3,535,900. Filing ↗machine: t130 · r5 · c35 · span 594692–594701
4Section 01, Craig WeinstockDEF 14A2026-04-090001193125-26-148884Section “Summary Compensation Table”. As printed: 2,987,381. Filing ↗machine: t130 · r6 · c35 · span 600805–600814
5Section 01, Rodney ReedDEF 14A2026-04-090001193125-26-148884Section “Summary Compensation Table”. As printed: 2,782,984. Filing ↗machine: span 586447–586456
6Section 01, Scott LivingstonDEF 14A2026-04-090001193125-26-148884Section “Summary Compensation Table”. As printed: 2,616,021. Filing ↗machine: t130 · r7 · c35 · span 606665–606674
7Section 03, Rodney Reed PSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r16 · c42 · span 652588–652595
8Section 03, Joseph Rovig OPTIONDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r21 · c42 · span 664149–664156
9Section 03, Craig Weinstock DEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r24 · c42 · span 671137–671144
10Section 03, Jose Bayardo RSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r9 · c42 · span 636401–636410
11Section 03, Jose Bayardo PSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r11 · c43 · span 641060–641067
12Section 03, Jose Bayardo PSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r8 · c42 · span 634240–634249
13Section 03, Jose Bayardo OPTIONDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r10 · c42 · span 638660–638667
14Section 03, Jose Bayardo RSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r12 · c43 · span 643252–643259
15Section 03, Craig Weinstock OPTIONDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r25 · c42 · span 673394–673401
16Section 03, Clay Williams RSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r5 · c42 · span 627129–627138
17Section 03, Rodney Reed RSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r14 · c42 · span 647916–647923
18Section 03, Rodney Reed RSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r17 · c43 · span 654805–654812
19Section 03, Craig Weinstock PSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r23 · c42 · span 668976–668985
20Section 03, Joseph Rovig RSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r20 · c42 · span 661867–661874
21Section 03, Rodney Reed OPTIONDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r15 · c42 · span 650197–650203
22Section 03, Clay Williams PSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r4 · c42 · span 624942–624951
23Section 03, Clay Williams OPTIONDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r6 · c42 · span 629414–629421
24Section 03, Scott Livingston RSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r28 · c30 · span 679876–679882
25Section 03, Joseph Rovig PSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r19 · c42 · span 659681–659690
26Section 03, Scott Livingston OPTIONDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r29 · c42 · span 682737–682744
27Section 03, Scott Livingston PSUDEF 14A2026-04-090001193125-26-148884Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t138 · r27 · c42 · span 678271–678278
28Section 07, pay ratioDEF 14A2026-04-09000119312526148884Section “CEO Pay Ratio”. As printed: 177 : 1. Filing ↗machine: span 1017964–1017972
29Section 08, William R. ThomasDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 331,875. Filing ↗machine: t213 · r10 · c27 · span 1121093–1121100
30Section 08, Marcela E. DonadioDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 330,613. Filing ↗machine: t213 · r3 · c27 · span 1106001–1106008
31Section 08, Christian S. KendallDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 326,006. Filing ↗machine: t213 · r6 · c27 · span 1112467–1112474
32Section 08, David D. HarrisonDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 322,695. Filing ↗machine: t213 · r5 · c27 · span 1110304–1110311
33Section 08, Robert S. WelbornDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 315,000. Filing ↗machine: t213 · r11 · c27 · span 1123241–1123248
34Section 08, Ben A. GuillDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 314,063. Filing ↗machine: t213 · r4 · c27 · span 1108169–1108176
35Section 08, Patricia MartinezDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 313,750. Filing ↗machine: t213 · r7 · c27 · span 1114615–1114622
36Section 08, Patricia B. MelcherDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 310,000. Filing ↗machine: t213 · r9 · c27 · span 1118920–1118927
37Section 08, Greg L. ArmstrongDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 192,387. Filing ↗machine: t213 · r2 · c27 · span 1103868–1103875
38Section 08, Eric L. MattsonDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 126,221. Filing ↗machine: t213 · r8 · c27 · span 1116770–1116777
39Section 08, Jose A. BayardoDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 0. Filing ↗
40Section 08, Sanjay K. ChowbeyDEF 14A2026-04-090001193125-26-148884Section “Director Compensation”. As printed: 0. Filing ↗
41Section 06, 2026 voteForm 8-K2026-05-220001193125-26-236271Item 5.07 · say-on-pay result. As reported: 98.86% (votes for as printed: 316,330,033). Filing ↗
42Section 06, 2025 voteForm 8-K2025-05-220001193125-25-124691Item 5.07 · say-on-pay result. As reported: 95.17% (votes for as printed: 321,782,502). Filing ↗
43Section 06, 2024 voteForm 8-K2024-05-160001193125-24-140685Item 5.07 · say-on-pay result. As reported: 94.56% (votes for as printed: 335,215,822). Filing ↗
44Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
45Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
46Section 09b board cost (computed)ComputedcomputedCash 1,135,313 + equity 1,719,807 + all other 27,490 = 2,882,610, summed across the director compensation table rows.machine: formula: Σ = 2,882,610
47Baker Hughes Company, Section 10b CEO totalDEF 14A2026-03-300001193125-26-130309CEO total compensation as printed in Baker Hughes Company's own proxy. As printed: 21,363,825. Filing ↗machine: r4 · c31 · span 1166652–1166662
48Cummins Inc., Section 10b CEO totalDEF 14A2026-04-020001104659-26-039158CEO total compensation as printed in Cummins Inc.'s own proxy. As printed: 19,905,532. Filing ↗machine: t135 · r1 · c47 · span 1108458–1108468
49Parker-Hannifin Corporation, Section 10b CEO totalDEF 14A2025-09-190001308179-25-000603CEO total compensation as printed in Parker-Hannifin Corporation's own proxy. As printed: 19,317,705. Filing ↗machine: r2 · c24 · span 1027257–1027267
50Hess Corporation, Section 10b CEO totalDEF 14A2025-04-040001193125-25-073397CEO total compensation as printed in Hess Corporation's own proxy. As printed: 18,036,267. Filing ↗machine: r2 · c35 · span 890654–890664
51TechnipFMC plc, Section 10b CEO totalDEF 14A2026-03-190001628280-26-019819CEO total compensation as printed in TechnipFMC plc's own proxy. As printed: 17,816,188. Filing ↗machine: r4 · c21 · span 1175605–1175615
52Schlumberger Limited, Section 10b CEO totalDEF 14A2026-02-260001308179-26-000024CEO total compensation as printed in Schlumberger Limited's own proxy. As printed: 17,347,291. Filing ↗machine: t235 · r1 · c14 · span 700975–700985
53Halliburton Company, Section 10b CEO totalDEF 14A2026-03-310000045012-26-000033CEO total compensation as printed in Halliburton Company's own proxy. As printed: 16,525,407. Filing ↗machine: t159 · r2 · c18 · span 2610544–2610554
54Ingersoll Rand Inc., Section 10b CEO totalDEF 14A2026-04-240001140361-26-016726CEO total compensation as printed in Ingersoll Rand Inc.'s own proxy. As printed: 16,197,391. Filing ↗machine: t131 · r2 · c25 · span 915902–915912
55Illinois Tool Works Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-127599CEO total compensation as printed in Illinois Tool Works Inc.'s own proxy. As printed: 15,211,011. Filing ↗machine: span 1647874–1647884
56APA Corporation, Section 10b CEO totalDEF 14A2026-04-090001193125-26-149453CEO total compensation as printed in APA Corporation's own proxy. As printed: 13,202,517. Filing ↗machine: t67 · r2 · c24 · span 1213765–1213775
57Weatherford International plc, Section 10b CEO totalDEF 14A2026-04-210001193125-26-166847CEO total compensation as printed in Weatherford International plc's own proxy. As printed: 13,022,298. Filing ↗machine: r3 · c27 · span 828253–828263
58Marathon Oil Corporation, Section 10b CEO totalDEF 14A2024-04-100000101778-24-000082CEO total compensation as printed in Marathon Oil Corporation's own proxy. As printed: 12,830,222. Filing ↗machine: t76 · r2 · c23 · span 726272–726282
59NOV Inc (subject), Section 10b CEO totalDEF 14A2026-04-090001193125-26-148884CEO total compensation as printed in NOV Inc's own proxy. As printed: 12,713,187. Filing ↗machine: t130 · r2 · c35 · span 574372–574382
60Helmerich & Payne, Inc., Section 10b CEO totalDEF 14A2026-01-220001104659-26-005786CEO total compensation as printed in Helmerich & Payne, Inc.'s own proxy. As printed: 9,010,799. Filing ↗machine: r1 · c42 · span 1420313–1420322
61Generac Holdings Inc., Section 10b CEO totalDEF 14A2026-04-290001104659-26-051499CEO total compensation as printed in Generac Holdings Inc.'s own proxy. As printed: 8,809,765. Filing ↗machine: r1 · c48 · span 700297–700306
62Oceaneering International, Inc., Section 10b CEO totalDEF 14A2026-04-020000073756-26-000073CEO total compensation as printed in Oceaneering International, Inc.'s own proxy. As printed: 7,735,670. Filing ↗machine: r2 · c14 · span 1452178–1452187
63Section 10a, APA Corporation reciprocityDEF 14A0001193125-26-149453APA Corporation's most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
64Section 10a, Cummins Inc. reciprocityDEF 14A0001104659-26-039158Cummins Inc.'s most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
65Section 10a, Baker Hughes Company reciprocityDEF 14A0001193125-26-130309Baker Hughes Company names NOV Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
66Section 10a, Generac Holdings Inc. reciprocityDEF 14A0001104659-26-051499Generac Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
67Section 10a, Hess Corporation reciprocityDEF 14A0001193125-25-073397Hess Corporation's most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
68Section 10a, Weatherford International plc reciprocityDEF 14A0001193125-26-166847Weatherford International plc names NOV Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, Schlumberger Limited reciprocityDEF 14A0001308179-26-000024Schlumberger Limited names NOV Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
70Section 10a, Helmerich & Payne, Inc. reciprocityDEF 14A0001104659-26-005786Helmerich & Payne, Inc. names NOV Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, Parker-Hannifin Corporation reciprocityDEF 14A0001308179-25-000603Parker-Hannifin Corporation's most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
72Section 10a, Illinois Tool Works Inc. reciprocityDEF 14A0001193125-26-127599Illinois Tool Works Inc.'s most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
73Section 10a, TechnipFMC plc reciprocityDEF 14A0001628280-26-019819TechnipFMC plc's most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
74Section 10a, Ingersoll Rand Inc. reciprocityDEF 14A0001140361-26-016726Ingersoll Rand Inc.'s most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
75Section 10a, Transocean Ltd. reciprocityDEF 14A0001104659-26-037805Transocean Ltd. names NOV Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
76Section 10a, Marathon Oil Corporation reciprocityDEF 14A0000101778-24-000082Marathon Oil Corporation's most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗
77Section 10a, Halliburton Company reciprocityDEF 14A0000045012-26-000033Halliburton Company names NOV Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
78Section 10a, Oceaneering International, Inc. reciprocityDEF 14A0000073756-26-000073Oceaneering International, Inc.'s most recent proxy was read; its disclosed peer group does not include NOV Inc. Filing ↗