SLB insider plans $300K stock sale under Rule 144
Rhea-AI Filing Summary
SLB LIMITED/NV (SLB) is the issuer for a Rule 144 notice filed on behalf of Olivier Le Peuch. The notice covers a proposed sale of 5,000 shares of SLB common stock through Fidelity Brokerage Services LLC. These shares arose from restricted stock vesting on 01/19/2024. The form also lists prior sales in the last three months by Le Peuch of 25,000 shares of common stock on 08/26/2026 and 5,000 shares on 08/27/2026.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed for sale: 5,000 shares of common stock
Aggregate market value of proposed sale: $300,000.00
Shares sold on 08/26/2026: 25,000 shares
+4 more
7 metrics
Shares proposed for sale
5,000 shares of common stock
Proposed Rule 144 sale through Fidelity Brokerage Services LLC
Aggregate market value of proposed sale
$300,000.00
Value associated with 5,000 SLB common shares in the securities information section
Shares sold on 08/26/2026
25,000 shares
SLB common stock sold by Olivier Le Peuch during the past three months
Proceeds on 08/26/2026 sale
$1,313,750.00
Amount received for 25,000 SLB common shares sold
Shares sold on 08/27/2026
5,000 shares
Additional SLB common stock sale by Olivier Le Peuch in past three months
Proceeds on 08/27/2026 sale
$275,000.00
Amount received for 5,000 SLB common shares sold
Restricted stock vesting date
01/19/2024
Source of the 5,000 shares to be sold under Rule 144
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 01/19/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity... as attorney-in-fact for Olivier"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
Who is the insider in the SLB Form 144 filing and what security is involved?
The notice is filed for Olivier Le Peuch regarding SLB common stock. The securities section shows a proposed Rule 144 sale of 5,000 common shares to be sold through Fidelity Brokerage Services LLC and listed on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.