SLB (SLB) EVP granted performance-based shares and withholds stock for taxes

Rhea-AI Filing Summary

SLB LIMITED/NV executive Steve Matthew Gassen reported a compensation-related stock award. On March 13, 2026, he acquired 1,201 shares of common stock at no cost as part of a performance share unit (PSU) grant originally awarded on January 18, 2023.

The company’s compensation committee determined PSU vesting based on three-year performance versus key competitors, issuing shares once all 2025 audited results were available. To cover tax obligations, 473 shares were withheld at $44.22 per share, leaving Gassen with 67,421 shares held directly and 5,739 shares held indirectly through the SLB Stock Fund.

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

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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)
03/13/2026

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	03/13/2026		A		1,201(1)	A	$0	67,894	D
Common Stock, $0.01 Par Value Per Share	03/13/2026		F		473	D	$44.22	67,421	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

Explanation of Responses:

1. The Company granted performance share units ("PSUs") to the reporting person on January 18, 2023. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2025 audited financial results when the Company's compensation committee met in January 2026 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 80% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 13, 2026, all such competitors had reported their 2025 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.

2. Equivalent shares as updated November 2025.

	/s/ LaToyia Tilley, Attorney-in-Fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did SLB EVP Steve Matthew Gassen report in this Form 4 filing for SLB?

Steve Matthew Gassen reported a stock award tied to performance share units. He received 1,201 SLB common shares at no cost, with some shares withheld for taxes, reflecting routine compensation-based equity vesting rather than an open-market purchase or sale.

How many SLB shares did Steve Matthew Gassen acquire and at what price?

Gassen acquired 1,201 SLB common shares at a reported price of $0.00 per share. These shares came from performance share units that vested based on multi-year company performance criteria, rather than from an open-market transaction or option exercise.

Why were some of Steve Matthew Gassen’s SLB shares disposed of in this Form 4?

The filing shows 473 SLB shares were disposed of at $44.22 per share to satisfy tax obligations. This is classified as a tax-withholding disposition, meaning the shares were withheld by the company for taxes, not sold in the open market by Gassen.

What are the performance share units (PSUs) mentioned in the SLB Form 4 for Steve Gassen?

The PSUs are performance-based equity awards granted on January 18, 2023. Vesting depended on SLB’s three-year performance versus select competitors. After all competitors reported 2025 audited results, SLB’s compensation committee finalized the number of shares earned under these PSUs.

How many SLB shares does Steve Matthew Gassen hold after these transactions?

After the reported transactions, Gassen holds 67,421 SLB shares directly and 5,739 shares indirectly through the SLB Stock Fund. This reflects his updated equity position following PSU vesting and the related tax-withholding share disposition.

Is Steve Matthew Gassen’s SLB Form 4 transaction an open-market trade?

No, the activity reflects compensation-related stock vesting, not an open-market trade. Shares were issued from performance share units, and some were withheld for taxes. The filing does not show any open-market buying or selling of SLB shares by Gassen.