Form 4: Schlumberger Director Ulrich Spiesshofer Reports Stock Acquisition and Disposal

Sentiment:

SEC Form 4 Filing


Director Ulrich Spiesshofer reports acquiring 4,001 shares of Schlumberger Limited common stock and disposing of 16,417 shares on May 1, 2024.

Summary

  • On May 1, 2024, Ulrich Spiesshofer, a director of Schlumberger Limited, acquired 4,001 shares of common stock.
  • The acquisition was made under the Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors.
  • On the same day, Spiesshofer disposed of 16,417 shares.
  • Following these transactions, Spiesshofer beneficially owns 16,417 shares of Schlumberger Limited.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company directors and officers, which can sometimes provide insights into their perspectives on the company's prospects.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

DateDescription
05/01/2024Date of stock acquisition and disposal by Ulrich Spiesshofer.
05/03/2024Date of signature by Attorney-in-Fact.

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