Core Laboratories (CLB) grants 7,526 performance share units to CAO Teo Sow Hang
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Laboratories Inc. granted Chief Accounting Officer and Treasurer Teo Sow Hang 7,526 performance share units on February 12, 2026 at an exercise price of $0 per unit. These derivative awards relate to an equal number of underlying shares of common stock and are held directly.
The award is structured around a three-year performance period from January 1, 2026 through December 31, 2028 and will vest on December 31, 2028, assuming continued employment or qualifying death or disability. Payout depends on Return on Invested Capital versus the Bloomberg Peer Group: 100% of the target amount vests at the top 55th percentile of ROIC, and up to 200% can vest at or above the 85th percentile, with straight-line interpolation between those points.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Teo Sow Hang
Role
CAO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Shares | 7,526 | $0.00 | -- |
Holdings After Transaction:
Performance Shares — 7,526 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Core Laboratories (CLB) report for Teo Sow Hang?
Core Laboratories reported a grant of 7,526 performance share units to CAO and Treasurer Teo Sow Hang. The award was made on February 12, 2026 at an exercise price of $0 per unit and is settled in an equal number of common shares.
What performance metric determines vesting of the Core Laboratories (CLB) award?
Vesting is tied to Core Laboratories’ Return on Invested Capital versus the Bloomberg Peer Group. At the top 55th percentile of ROIC, 100% of the award vests, and at or above the 85th percentile, 200% can vest, with straight-line interpolation between those points.