Form 4: SLB CFO Reports RSU Vesting & Tax-Related Stock Sale
Insider Transaction Report
SLB's Executive Vice President and Chief Financial Officer, Stephane Biguet, reported the vesting of restricted stock units and a subsequent sale of shares to cover tax liabilities.
Summary
- Stephane Biguet, EVP & CFO of SLB LIMITED/NV (SLB), reported transactions involving the company's common stock.
- On January 18, 2026, 15,780 Restricted Stock Units (RSUs) vested, converting into 15,780 shares of common stock at an exercise price of $0.
- Concurrently, 6,372 shares of common stock were disposed of at a price of $46.65 per share to satisfy tax withholding obligations related to the RSU vesting.
- Following these transactions, Stephane Biguet beneficially owns 185,098 shares of SLB common stock.
- The RSUs were granted on January 18, 2023, and vested 100% on January 18, 2026.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions related to the vesting of restricted stock units and subsequent tax withholding, which is a neutral event for market sentiment.
Positives
- The vesting of 15,780 Restricted Stock Units (RSUs) indicates the successful fulfillment of long-term incentive compensation for the EVP & CFO.
- The acquisition of shares through RSU vesting at a $0 price reflects a gain for the insider.
Negatives
- The disposition of 6,372 shares, although for tax purposes, represents a reduction in the insider's direct ownership of common stock.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, pre-scheduled insider transaction related to executive compensation.
- No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 01/18/2023 | Grant date of the Restricted Stock Unit (RSU) award. |
| 01/18/2026 | Date of RSU vesting and conversion into common stock, and subsequent tax-related share disposition. |
| 01/20/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
SLB, Stephane Biguet, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Common Stock, Executive Compensation, Tax Withholding, Beneficial Ownership
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