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SLB (NYSE: SLB) EVP details RSU vesting and tax share withholding

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

SLB LIMITED/NV executive Steve Matthew Gassen, EVP, Geographies, reported equity award activity and related share withholding. On January 18, 2026, 5,410 restricted stock units were converted into the same number of shares of common stock at an exercise price of $0. On the same date, 2,303 shares of common stock were disposed of at $46.65 per share in a transaction coded "F", indicating shares withheld to cover taxes on the vesting.

After these transactions, Gassen directly beneficially owned 55,905 shares of SLB common stock, which include 361 shares acquired under the SLB discounted stock purchase plan for the period ended December 31, 2025. He also indirectly held 5,739 equivalent shares through the SLB Stock Fund. The footnotes state that each restricted stock unit represents one share of common stock and that the RSU award was granted on January 18, 2023 and vested 100% on January 18, 2026.

Positive

  • None.

Negative

  • None.
Insider Gassen Steve Matthew
Role EVP, Geographies
Type Security Shares Price Value
Exercise RSU (Restricted Stock Unit) 5,410 $0.00 --
Exercise Common Stock, $0.01 Par Value Per Share 5,410 $0.00 --
Tax Withholding Common Stock, $0.01 Par Value Per Share 2,303 $46.65 $107K
holding Common Stock, $0.01 Par Value Per Share -- -- --
Holdings After Transaction: RSU (Restricted Stock Unit) — 0 shares (Direct); Common Stock, $0.01 Par Value Per Share — 58,208 shares (Direct); Common Stock, $0.01 Par Value Per Share — 5,739 shares (Indirect, SLB Stock Fund)
Footnotes (1)
  1. Includes 361 shares acquired under the SLB discounted stock purchase plan for the period ended December 31, 2025. Equivalent shares as updated November 2025. Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock. The restricted stock unit award was granted January 18, 2023 and vested 100% on January 18, 2026.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gassen Steve Matthew
(Last) (First) (Middle)
5599 SAN FELIPE, 17TH FLOOR
(Street)
HOUSTON TX 77056
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SLB LIMITED/NV [ SLB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Geographies
3. Date of Earliest Transaction (Month/Day/Year)
01/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 Par Value Per Share 01/18/2026 M 5,410 A $0 58,208(1) D
Common Stock, $0.01 Par Value Per Share 01/18/2026 F 2,303 D $46.65 55,905 D
Common Stock, $0.01 Par Value Per Share 5,739(2) I SLB Stock Fund
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
RSU (Restricted Stock Unit) (3) 01/18/2026 M 5,410 (4) (4) Common Stock, $0.01 Par Value Per Share 5,410 $0 0 D
Explanation of Responses:
1. Includes 361 shares acquired under the SLB discounted stock purchase plan for the period ended December 31, 2025.
2. Equivalent shares as updated November 2025.
3. Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.
4. The restricted stock unit award was granted January 18, 2023 and vested 100% on January 18, 2026.
/s/ LaToyia Tilley, Attorney-in-Fact 01/20/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did SLB (SLB) report for Steve Matthew Gassen?

SLB reported that EVP, Geographies Steve Matthew Gassen had 5,410 restricted stock units convert into the same number of common shares on January 18, 2026, and 2,303 shares were disposed of at $46.65 per share in a tax withholding transaction coded "F".

How many SLB shares does Steve Matthew Gassen own after the reported Form 4 transactions?

Following the reported transactions, Steve Matthew Gassen beneficially owned 55,905 shares of SLB common stock directly and 5,739 equivalent shares indirectly through the SLB Stock Fund.

What does the RSU vesting mean in the SLB Form 4 for Steve Matthew Gassen?

The filing states that each restricted stock unit represents one share of SLB common stock. An RSU award granted on January 18, 2023 vested 100% on January 18, 2026, resulting in the conversion of 5,410 RSUs into 5,410 common shares at an exercise price of $0.

Why were 2,303 SLB shares disposed of at $46.65 in this Form 4?

The 2,303-share transaction is coded "F", which indicates shares were withheld to pay taxes related to the RSU vesting. The shares were valued at $46.65 each for this withholding transaction.

What is the significance of the 361 shares mentioned in the SLB Form 4 footnotes?

The footnotes explain that Gassen’s direct holdings include 361 shares acquired under the SLB discounted stock purchase plan for the period ended December 31, 2025.

How are the 5,739 indirect SLB shares held for Steve Matthew Gassen?

The filing shows that 5,739 equivalent shares are held indirectly through the SLB Stock Fund, reflecting his beneficial interest in that fund.

What role does Steve Matthew Gassen hold at SLB?

According to the filing, Steve Matthew Gassen is an officer of SLB, serving as EVP, Geographies, and is not listed as a director or 10% owner.