SLB (NYSE: SLB) director receives 3,428-share equity grant under board plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Leupold Samuel Georg Friedrich reported acquisition or exercise transactions in this Form 4 filing.
SLB LIMITED/NV director Samuel Georg Friedrich Leupold received a stock grant of 3,428 common shares. The award was made on May 1, 2026 at a stated price of $0.00 per share, reflecting compensation rather than an open-market purchase.
After this grant, Leupold directly holds 29,136 shares of SLB common stock. The footnote explains that the grant was made pursuant to the Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors, indicating it is part of the company’s standard director compensation program.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leupold Samuel Georg Friedrich
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 Par Value Per Share | 3,428 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 29,136 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3,428 shares
Grant price: $0.00 per share
Shares held after grant: 29,136 shares
3 metrics
Shares granted
3,428 shares
Common Stock grant on May 1, 2026
Grant price
$0.00 per share
Stated price for director stock award
Shares held after grant
29,136 shares
Director’s direct SLB holdings following transaction
Key Terms
Grant, award, or other acquisition, Common Stock, $0.01 Par Value Per Share, Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors financial
"Pursuant to Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors."
FAQ
What did SLB (SLB) director Samuel Leupold report in this Form 4?
Samuel Georg Friedrich Leupold reported receiving a grant of 3,428 shares of SLB common stock. The award was recorded at $0.00 per share as part of director compensation, increasing his direct holdings to 29,136 shares after the transaction.
Is the SLB (SLB) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a stock grant, not an open-market purchase. The 3,428 shares were awarded at a stated price of $0.00 per share under a company compensation plan for non-employee directors, rather than bought on the market.
What compensation plan was used for the SLB (SLB) director stock grant?
The stock grant was made under the Schlumberger Limited 2004 Stock and Deferral Plan for Non-Employee Directors. This plan provides equity-based compensation to SLB’s outside directors, and the 3,428-share award to Samuel Leupold was granted pursuant to that program.
Does the SLB (SLB) Form 4 indicate any stock sales by the director?
The Form 4 does not show any stock sales by Samuel Georg Friedrich Leupold. It reports only an acquisition coded as a grant or award of 3,428 SLB common shares, increasing his direct holdings to 29,136 shares following the transaction.