Schlumberger (SLB) Officer Form 3 Shows Options and 20,209 RSUs
Rhea-AI Filing Summary
Andrea Saracco, Vice President Controller of Schlumberger Limited (SLB), reported initial beneficial ownership in a Form 3. She directly owns 12,306 common shares and indirectly owns 2,196 shares through her spouse. The filing lists outstanding equity awards: stock options exercisable for 16,130 shares and restricted stock units convertible into 20,209 shares, with vesting and exercise dates and prices specified in the form.
Positive
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Negative
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Insights
TL;DR: Routine Section 16 disclosure by a company officer showing direct, indirect and derivative holdings; no extraordinary events disclosed.
The Form 3 documents Andrea Saracco's initial Section 16 filing as Vice President Controller for Schlumberger Limited. It records direct ownership of 12,306 common shares and indirect ownership of 2,196 shares via spouse, plus multiple stock option grants and RSUs with explicit exercise prices and vesting schedules. This filing fulfills statutory reporting obligations and increases transparency regarding insider holdings. There are no indications of changes in control, transfers, or unusual derivative instruments in the document.
TL;DR: Disclosure is a standard initial beneficial ownership report; equity compensation mix (options and RSUs) is documented with schedules and amounts.
The table lists incentive and non-qualified stock options totaling 16,130 underlying shares with stated exercise prices from $38.75 to $87.38 and expiration dates between 2026 and 2030. RSUs aggregate to 20,209 shares subject to vesting dates ranging from 2026 to 2028, and each RSU equals one share at settlement. The report provides clear, itemized detail useful for tracking potential future share dilution from exercised awards, but it does not present material corporate events or transactions affecting SLB's capital structure here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Incentive Stock Option (Right to Buy) | -- | -- | -- |
| holding | Incentive Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | RSU (Restricted Stock Unit) | -- | -- | -- |
| holding | RSU (Restricted Stock Unit) | -- | -- | -- |
| holding | RSU (Restricted Stock Unit) | -- | -- | -- |
| holding | RSU (Restricted Stock Unit) | -- | -- | -- |
| holding | Common Stock, $0.01 Par Value Per Share | -- | -- | -- |
| holding | Common Stock, $0.01 Par Value Per Share | -- | -- | -- |
Footnotes (1)
- The restricted stock unit award was granted January 18, 2023 and vests 100% on January 18, 2026. Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock. The restricted stock unit award was granted July 19, 2023 and vests 100% on July 19, 2026. The restricted stock unit award was granted January 15, 2025 and vests in three equal annual installments beginning on January 15, 2026. The restricted stock unit award was granted July 16, 2025 and vests 100% on July 16, 2028.
