Form 4: Schlumberger Director Jeffrey Wayne Sheets Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Jeffrey Wayne Sheets reports changes in beneficial ownership of Schlumberger Limited/NV (SLB) common stock, including acquisition of 4,001 shares and disposal of 33,311 shares on May 1, 2024.
Summary
- On May 1, 2024, Jeffrey Wayne Sheets, a director of Schlumberger Limited/NV, reported a transaction involving the company's common stock.
- Sheets acquired 4,001 shares of common stock at $0 per share.
- Sheets disposed of 33,311 shares of common stock.
- Following the reported transactions, Sheets beneficially owns 33,311 shares of Schlumberger common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports transactions by a company director.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The transactions reported may influence investor sentiment, although the impact is likely to be minimal given the nature of the filing.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock acquisition and disposal transaction. |
| 05/03/2024 | Date of signature for the Form 4 filing. |
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