Form 4: Schlumberger Director Vanitha Narayanan Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Director Vanitha Narayanan reports acquiring 4,001 shares of Schlumberger Limited common stock and disposing of 11,546 shares on May 1, 2024.
Summary
- Vanitha Narayanan, a director of Schlumberger Limited, filed a Form 4 with the SEC.
- The report details changes in beneficial ownership of Schlumberger's common stock.
- On May 1, 2024, Narayanan acquired 4,001 shares of common stock.
- On the same day, Narayanan disposed of 11,546 shares of common stock.
- Following these transactions, Narayanan beneficially owns 11,546 shares of Schlumberger common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and major shareholders) to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps stakeholders understand the actions of company directors.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock acquisition and disposal. |
| 05/03/2024 | Date of signature on the Form 4 filing. |
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