Form 4: Schlumberger Executive Raman Sells Shares on March 28, 2025

Aparna Raman, Chief Strategy & Marketing Officer of Schlumberger, sold 25,133 shares of common stock at an average price of $42.28 on March 28, 2025.

Summary

• On March 28, 2025, Aparna Raman, Chief Strategy & Marketing Officer of Schlumberger Limited, sold 25,133 shares of the company's common stock.
• The sale was executed at a weighted average price of $42.28 per share, with individual trades ranging from $42.15 to $42.50.
• Following the transaction, Raman directly owns 31,031 shares and indirectly owns 1,951 shares through a spouse.
• The reported transaction was filed with the SEC on April 1, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.

Positives

• The disclosure provides transparency into the trading activities of a key executive at Schlumberger.
• The filing corrects a previous omission, ensuring accurate reporting of shareholdings.

Industry Context

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

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Schlumberger, SLB, Aparna Raman, Chief Strategy & Marketing Officer, Form 4, SEC Filing, Stock Sale, Insider Trading