Form 4: SLB CEO Olivier Le Peuch Granted 92,760 RSUs

SLB's Chief Executive Officer, Olivier Le Peuch, was granted 92,760 restricted stock units, vesting in 2029, under a Rule 10b5-1 plan.

Summary

• Olivier Le Peuch, Chief Executive Officer and Director of SLB LIMITED/NV, reported changes in his beneficial ownership.
• He was granted 92,760 Restricted Stock Units (RSUs) on January 21, 2026.
• Each RSU represents the right to receive one share of SLB common stock, $0.01 par value per share.
• The RSU award vests 100% on January 21, 2029.
• This transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following this reported transaction, Mr. Le Peuch directly beneficially owns 1,376,154 shares of common stock and 92,760 derivative securities (RSUs).

Sentiment

Score: 7

Explanation: The grant of equity to a CEO is generally a positive signal for aligning interests and retention, reflecting standard compensation practices. It's not a major market-moving event but indicates ongoing executive commitment.

Positives

• The grant of 92,760 Restricted Stock Units to the CEO aligns management's long-term interests with those of shareholders.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-arranged and systematic approach to equity compensation.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The equity grant to the CEO enhances alignment between executive compensation and long-term shareholder value.
• Employees: May signal stability in executive leadership and a commitment to long-term incentive structures within the company.

Next Steps

• Vesting of 92,760 Restricted Stock Units on January 21, 2029.

Key Dates

Recommendation

This Form 4 reports a routine equity grant to the CEO as part of their compensation, which is a standard practice for executive retention and alignment. It does not present new information that would fundamentally alter the investment thesis for SLB, hence a 'hold' recommendation is appropriate based solely on this filing.

Keywords

SLB, Olivier Le Peuch, Restricted Stock Units, RSU, Form 4, Insider Transaction, Equity Compensation, CEO, Director, Rule 10b5-1