Form 4: Schlumberger Director James T. Hackett Reports Acquisition and Disposal of Shares
SEC Form 4
Director James T. Hackett reports changes in beneficial ownership of Schlumberger Limited shares, including acquisition and disposal transactions.
Summary
- On May 1, 2025, James T. Hackett, a director of Schlumberger Limited, reported acquiring 8,721 shares of common stock at $0.00 per share.
- On the same day, Hackett disposed of an unspecified amount of shares.
- Following these transactions, Hackett beneficially owns 20,966 shares of Schlumberger Limited.
- The acquisition of shares was pursuant to the Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions without expressing any positive or negative outlook. It's a standard regulatory filing.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future.
Negatives
- The disposal of shares by the director could be seen as a negative signal, indicating a lack of confidence in the company's future.
Risks
- There are no specific risks mentioned in this document.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 05/02/2025 | Date of signature for the report. |
Keywords
Schlumberger, Director, Beneficial Ownership, Shares, Acquisition, Disposal, Stock Plan, SLB, Hackett
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.