Form 4: SLB Director Patrick de La Chevardiere Acquires Shares
Statement of Changes in Beneficial Ownership
Director Patrick de La Chevardiere acquired 3,428 shares of SLB common stock via the company's non-employee director plan.
Summary
- Director Patrick de La Chevardiere acquired 3,428 shares of SLB common stock on May 1, 2026.
- The shares were acquired at a price of $0 per share pursuant to the SLB 2004 Stock and Deferral Plan for Non-Employee Directors.
- Following this transaction, the director's total beneficial ownership of SLB common stock is 18,953 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Increased alignment between the director and shareholders through higher equity ownership.
Negatives
- None.
Risks
- None.
Future Outlook
Not applicable as this is a routine disclosure of director equity compensation.
Industry Context
StockSavvy.ai notes that routine equity grants to non-employee directors are standard corporate governance practices designed to align board incentives with long-term shareholder value in the oilfield services sector.
Comparison to Industry Standards
- The acquisition follows standard industry practices for director compensation under established equity deferral plans.
- The transaction size is consistent with typical non-employee director compensation packages for large-cap energy services firms.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity-based compensation event.
Next Steps
- None.
Key Dates
| Date | Description |
|---|---|
| 05/01/2026 | Date of the share acquisition transaction and filing date. |
Keywords
SLB, Insider Trading, Form 4, Director Ownership, Equity Compensation
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