Form 4: Schlumberger Executive Carmen Rando Reports Stock Transactions

Carmen Rando, Chief People Officer at Schlumberger, reports the vesting and subsequent disposal of restricted stock units.

Summary

• On April 19, 2025, Carmen Rando, Chief People Officer of Schlumberger, reported transactions involving Schlumberger Limited/NV [SLB] common stock.
• Rando vested 4,796 restricted stock units (RSUs), each representing one share of common stock.
• Simultaneously, Rando disposed of 1,888 shares to cover tax obligations at a price of $34.8 per share.
• Following these transactions, Rando directly owns 35,580 shares of Schlumberger common stock and indirectly owns 158 shares through a spouse.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Schlumberger. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives, ensuring transparency in stock transactions.
• Companies like Halliburton (HAL) and Baker Hughes (BKR) also have executives who regularly file Form 4s related to stock options, restricted stock units, and other equity-based compensation.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
• Shareholders may view the transactions as a routine part of executive compensation.

Key Dates

Keywords

Schlumberger, SLB, Carmen Rando, Chief People Officer, Form 4, Stock Transaction, Restricted Stock Units, RSU, Beneficial Ownership