SLB (SLB) CEO Olivier Le Peuch sells 25,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SLB LIMITED/NV Chief Executive Officer Olivier Le Peuch reported an open-market sale of 25,000 shares of common stock at $56.48 per share. After this transaction, he directly holds 1,391,328 SLB common shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 25, 2025, which indicates the trading activity was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 25,000 shares ($1,412,000)
Net Sell
1 txn
Insider
Le Peuch Olivier
Role
Chief Executive Officer
Sold
25,000 shs ($1.41M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 Par Value Per Share | 25,000 | $56.48 | $1.41M |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 1,391,328 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 25,000 shares
Sale price: $56.48 per share
Shares held after sale: 1,391,328 shares
+2 more
5 metrics
Shares sold
25,000 shares
Open-market sale reported on Form 4
Sale price
$56.48 per share
Price for SLB common stock in reported sale
Shares held after sale
1,391,328 shares
CEO’s direct ownership following transaction
Net buy/sell shares
25,000 shares net sold
transactionSummary netBuySellShares
10b5-1 plan adoption date
March 25, 2025
Date CEO adopted Rule 10b5-1 trading plan
Key Terms
Form 4, Rule 10b5-1 trading plan, open-market sale, Common Stock, $0.01 Par Value Per Share, +1 more
5 terms
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action":"open-market sale","transaction_code_description":"Sale in open market or private transaction""
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 CEO Olivier Le Peuch?
SLB reported that CEO Olivier Le Peuch executed an open-market sale of 25,000 shares of common stock. The transaction was reported on Form 4 and reflects a routine insider sale rather than an acquisition of additional shares.
What type of security did the SLB (SLB) insider sell in the Form 4?
The transaction involved SLB’s Common Stock, $0.01 par value per share. No derivative securities, such as options or warrants, were reported in this Form 4, and the derivativeSummary section shows no outstanding derivative positions in this filing.
How large is the SLB (SLB) CEO’s reported sale relative to his holdings?
The CEO sold 25,000 shares while holding 1,391,328 shares after the sale. This indicates the transaction is a relatively small portion of his total reported direct ownership based on the figures provided in the Form 4.