Form 4: Schlumberger EVP & CFO Stephane Biguet Sells $2.5 Million in Company Stock

Stephane Biguet, EVP & CFO of Schlumberger, sold 50,048 shares of common stock at an average price of $49.94 on July 22, 2024.

Summary

• On July 22, 2024, Stephane Biguet, the Executive Vice President and CFO of Schlumberger Limited, sold 50,048 shares of the company's common stock.
• The sale was executed at a price of $49.94 per share.
• Following the transaction, Biguet directly owns 203,076 shares of Schlumberger common stock.
• Biguet also indirectly owns 1,773 shares through his children.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a stock sale by an executive. It's neutral in tone and doesn't inherently convey positive or negative sentiment. The impact on investor sentiment would depend on the broader context and reasons for the sale.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into management's perspective on the company's future prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.

Stakeholder Impact

• The sale of shares by a high-ranking executive could potentially influence investor sentiment, depending on the perceived reasons for the sale.

Key Dates