SLB (NYSE: SLB) director awarded 3,428 shares under stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sheets Jeffrey Wayne reported acquisition or exercise transactions in this Form 4 filing.
SLB LIMITED/NV director Jeffrey Wayne Sheets received a grant of 3,428 shares of common stock as compensation. The shares were awarded on May 1, 2026 under the SLB 2004 Stock and Deferral Plan for Non-Employee Directors at no cash cost to him. Following this award, he directly holds 42,453 shares of SLB common stock, reflecting a routine equity-based compensation grant to a non-employee director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sheets Jeffrey Wayne
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 — 42,453 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 3,428 shares
Price per share: $0.0000 per share
Shares owned after: 42,453 shares
3 metrics
Shares granted
3,428 shares
Common Stock grant on May 1, 2026
Price per share
$0.0000 per share
Grant/award acquisition, non-cash compensation
Shares owned after
42,453 shares
Total direct holdings following the transaction
Key Terms
Form 4, Grant, award, or other acquisition, SLB 2004 Stock and Deferral Plan for Non-Employee Directors
3 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
SLB 2004 Stock and Deferral Plan for Non-Employee Directors financial
"Pursuant to SLB 2004 Stock and Deferral Plan for Non-Employee Directors."
FAQ
What insider transaction did SLB (SLB) report for Jeffrey Wayne Sheets?
SLB reported that director Jeffrey Wayne Sheets received a grant of 3,428 shares of common stock. The award was recorded on May 1, 2026 and represents equity-based compensation rather than an open-market stock purchase or sale.
What plan governed the SLB (SLB) stock grant to director Jeffrey Wayne Sheets?
The grant to Jeffrey Wayne Sheets was made under the SLB 2004 Stock and Deferral Plan for Non-Employee Directors. This plan provides equity compensation to outside directors, aligning their interests with shareholders through share-based awards instead of only cash fees.
Does the SLB (SLB) Form 4 show a stock purchase or a compensation award for Jeffrey Wayne Sheets?
The Form 4 shows a compensation award, not a market purchase. Transaction code “A” and a zero dollar price per share indicate a grant, award, or other acquisition of 3,428 SLB common shares to director Jeffrey Wayne Sheets under the company’s director stock plan.