SLB (SLB) director trims holdings with 2,000-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SLB LIMITED/NV director Patrick de La Chevardiere executed an open-market sale of company stock. On this transaction date, he sold 2,000 shares of common stock at a price of $54.33 per share. After the sale, he directly owned 16,953 shares of SLB common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($108,660)
Net Sell
1 txn
Insider
de La Chevardiere Patrick
Role
null
Sold
2,000 shs ($109K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 Par Value Per Share | 2,000 | $54.33 | $109K |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 16,953 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,000 shares
Sale price: $54.33 per share
Shares owned after sale: 16,953 shares
3 metrics
Shares sold
2,000 shares
Open-market sale of common stock
Sale price
$54.33 per share
Price for SLB common stock sold
Shares owned after sale
16,953 shares
Direct holdings following transaction
Key Terms
open-market sale, Common Stock, $0.01 Par Value Per Share, non-derivative
3 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type: "non-derivative""
FAQ
What insider transaction did SLB (SLB) report for Patrick de La Chevardiere?
SLB reported that director Patrick de La Chevardiere sold 2,000 shares of common stock. The transaction was an open-market sale of SLB common stock, reflecting a routine disposition by a board member rather than a purchase or option exercise.
Was the SLB insider transaction a buy or a sell?
The reported SLB insider transaction was a sell. The Form 4 characterizes it as an open-market sale of 2,000 shares of common stock, with no corresponding purchase or option exercise activity disclosed in this filing.
Did the SLB filing show any derivative securities activity for this insider?
The filing does not report any derivative securities transactions for this insider. The disclosed activity involves only a non-derivative holding of common stock, with no option exercises, conversions, or other derivative actions listed in the accompanying transaction summary.