Form 4: Schlumberger Executive Khaled Al Mogharbel Sells Shares
SEC Form 4 Filing
Executive Vice President Khaled Al Mogharbel of Schlumberger Limited sold a portion of his holdings in the company's common stock on July 22, 2024.
Summary
- Khaled Al Mogharbel, an Executive Vice President at Schlumberger Limited, reported the sale of company stock on July 22, 2024.
- He sold 105,668 shares at a price of $50.2 per share and 15,000 shares at $50.13 per share.
- Following these transactions, Al Mogharbel directly owns 247,699 shares of Schlumberger common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
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
- Shareholders may react to the news of the stock sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 07/22/2024 | Date of stock sale transactions |
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