Form 4: Schlumberger Director Miguel Galuccio Reports Acquisition of 4,001 Shares
SEC Form 4 Filing
Director Miguel Galuccio reports acquiring 4,001 shares of Schlumberger Limited common stock on May 1, 2024.
Summary
- On May 1, 2024, Miguel Galuccio, a director of Schlumberger Limited, acquired 4,001 shares of common stock.
- The shares were acquired at a price of $0.00.
- Following the transaction, Galuccio directly owns 42,511 shares of Schlumberger Limited.
- The acquisition was made pursuant to the Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors.
- Galuccio has granted power of attorney to Dianne B. Ralston, Samantha Blons, and LaToyia Tilley to handle SEC filings on his behalf.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard SEC filing reporting a transaction. The acquisition of shares by a director is generally viewed as a positive sign, but without additional context, it's difficult to gauge the overall impact.
Positives
- The acquisition of shares by a director could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure related to insider trading activities, which are common in publicly traded companies. It provides transparency regarding the actions of company insiders and their investment decisions.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| January 17, 2024 | Date of Power of Attorney execution by Miguel Galuccio. |
| May 01, 2024 | Date of the transaction where Miguel Galuccio acquired 4,001 shares of Schlumberger Limited. |
| May 03, 2024 | Date of signature for the Form 4 filing. |
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