Form 4: Schlumberger Executive Howard Guild Reports Stock Transactions
SEC Form 4 Filing
Chief Accounting Officer Howard Guild of Schlumberger Limited reported multiple transactions involving company stock, including acquisitions and disposals, on January 17th and 21st, 2025.
Summary
- Howard Guild, Chief Accounting Officer at Schlumberger Limited, reported several transactions involving the company's common stock.
- On January 17, 2025, Guild acquired 17,104 shares of common stock at $0, and 5,580 shares at $0 due to the vesting of performance share units and restricted stock units.
- Also on January 17, 2025, 6,920 shares were disposed of at $43.05 per share and 2,196 shares were disposed of at $43.05 per share to cover tax obligations.
- On January 21, 2025, Guild sold 13,568 shares at $43.87 per share.
- Following these transactions, Guild directly owns 24,728 shares of Schlumberger common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no indication of positive or negative sentiment. It is a routine filing.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.
Comparison to Industry Standards
- The transactions are typical for executives who receive stock-based compensation and are required to report their trades to the SEC.
- Similar filings are made by executives at other large oilfield services companies such as Halliburton and Baker Hughes, reflecting standard practices in the industry.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and trading activity.
- The transactions do not have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/17/2025 | Date of multiple stock transactions including acquisitions from vesting and disposals for tax obligations. |
| 01/21/2025 | Date of stock sale by Howard Guild. |
Keywords
Schlumberger, stock transactions, insider trading, Howard Guild, Chief Accounting Officer, performance share units, restricted stock units, stock disposal, SEC Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.