Form 4: SLB CEO Le Peuch Reports Routine Stock Transactions

SLB's CEO, Olivier Le Peuch, reported the vesting of restricted stock units and subsequent tax-related share disposition on January 18, 2026.

Summary

• Olivier Le Peuch, CEO and Director of SLB, reported transactions involving the company's common stock.
• On January 18, 2026, 54,103 restricted stock units (RSUs) vested, converting into an equal number of common shares.
• Concurrently, 21,419 shares of common stock were disposed of at a price of $46.65 per share to cover tax liabilities related to the RSU vesting.
• Following these transactions, Le Peuch directly beneficially owns 1,376,154 shares of SLB common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction related to executive compensation, not indicative of positive or negative company performance or strategic shifts.

Positives

• The vesting of restricted stock units indicates a planned compensation event for the CEO.
• The CEO continues to hold a significant number of shares (1,376,154), aligning his interests with shareholders.

Negatives

• A portion of the vested shares (21,419) was sold to cover tax obligations, which is a common practice but reduces the direct shareholding.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This is a routine insider transaction related to executive compensation, which is a common practice across all industries for publicly traded companies. It does not provide specific industry-related insights or trends.

Comparison to Industry Standards

• The vesting of restricted stock units and subsequent disposition of shares for tax purposes is a standard component of executive compensation packages in publicly traded companies across various industries.

Stakeholder Impact

• Shareholders: The CEO's continued significant shareholding aligns his interests with shareholders.
• Employees: This filing does not directly impact general employees, but reflects standard executive compensation practices.

Key Dates

Keywords

SLB, Olivier Le Peuch, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, CEO Stock, Executive Compensation, Share Ownership