Form 4: Director James T. Hackett Acquires SLB Shares
Statement of Changes in Beneficial Ownership
Director James T. Hackett acquired 5,450 shares of SLB common stock as part of the company's non-employee director compensation plan.
Summary
- Director James T. Hackett acquired 5,450 shares of SLB common stock on May 1, 2026.
- The shares were acquired at a price of $0 per share pursuant to the Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors.
- Following this transaction, the director's total beneficial ownership of SLB common stock increased to 26,416 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Increased alignment between director interests and shareholder value through equity ownership.
Negatives
- None.
Risks
- None.
Future Outlook
Not applicable as this is a routine disclosure of director equity compensation.
Industry Context
StockSavvy.ai notes that routine equity grants to non-employee directors are standard corporate governance practice in the energy services sector to ensure long-term incentive alignment.
Comparison to Industry Standards
- The transaction follows standard industry practices for director compensation under established equity deferral plans.
Stakeholder Impact
- Positive signal for shareholders as it reflects director commitment to the company through equity holding.
Key Dates
| Date | Description |
|---|---|
| 05/01/2026 | Date of the transaction and filing. |
Keywords
SLB, Schlumberger, Insider Trading, Form 4, Director Compensation, Equity Ownership
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