SLB (NYSE: SLB) CTO reports RSU grant and tax share withholding
Rhea-AI Filing Summary
SLB Limited Chief Technology Officer Demosthenis Pafitis reported several equity compensation transactions. On January 18, 2026, 11,271 restricted stock units were exercised into 11,271 shares of common stock at $0, and 5,352 of those shares were withheld at a price of $46.65 to cover tax obligations. After these transactions, he held 86,128 common shares directly and 710 common shares indirectly through his spouse.
On January 21, 2026, he was granted 18,740 restricted stock units, each representing one future share of common stock, which vest 100% on January 21, 2029. Following this grant, he held 18,740 restricted stock units directly in addition to his common stock holdings.
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FAQ
What insider transactions did SLB (SLB) CTO Demosthenis Pafitis report?
Demosthenis Pafitis reported the exercise of 11,271 restricted stock units into common shares at $0, the withholding of 5,352 shares at $46.65 for taxes, and a new grant of 18,740 restricted stock units.
How many SLB common shares does the CTO hold after these Form 4 transactions?
After the reported transactions, the CTO beneficially owns 86,128 shares of SLB common stock directly and 710 shares indirectly through his spouse.
What are the terms of the new RSU grant reported by SLB CTO Pafitis?
The new award is for 18,740 restricted stock units granted on January 21, 2026. Each unit represents one share of common stock and vests 100% on January 21, 2029.
What does the Form 4 share withholding at $46.65 represent for SLB (SLB)?
The 5,352 shares at $46.65 were withheld in connection with the vesting of restricted stock units to satisfy tax obligations, rather than a discretionary open-market sale.
How many RSUs did the SLB CTO exercise and settle into common stock?
The CTO exercised 11,271 restricted stock units on January 18, 2026, receiving an equal number of SLB common shares at an exercise price of $0 per share.
What prior RSU award for the SLB CTO vested in January 2026?
An RSU award granted on January 18, 2023 fully vested on January 18, 2026, resulting in the settlement of 11,271 units into common shares.