SLB Limited/NV (SLB) CEO Le Peuch sells 25,000 shares
Rhea-AI Filing Summary
SLB LIMITED/NV (SLB) reports that Chief Executive Officer and director Olivier Le Peuch sold 25,000 shares of common stock on August 26, 2026 at a price of $52.55 per share. Following this transaction, he directly holds 1,341,328 shares of SLB common stock. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Le Peuch on May 27, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 25,000 shares
Net Sell
1 txn
Insider
Le Peuch Olivier
Role
Chief Executive Officer
Sold
25,000 shs ($1.31M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 Par Value Per Share F1 | 25,000 | $52.55 | $1.31M |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 1,341,328 shares (Direct)
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2026.
Key Figures
Shares sold: 25,000 shares
Sale price per share: $52.55 per share
Shares held after transaction: 1,341,328 shares
+1 more
4 metrics
Shares sold
25,000 shares
Sale of common stock on August 26, 2026 by CEO Olivier Le Peuch
Sale price per share
$52.55 per share
Price for the August 26, 2026 sale transaction
Shares held after transaction
1,341,328 shares
Direct holdings of Olivier Le Peuch following the reported sale
Rule 10b5-1 plan adoption date
May 27, 2026
Date CEO adopted the trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, Common Stock, $0.01 Par Value Per Share, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
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.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1"
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.
FAQ
What insider transaction did SLB (SLB) disclose in this Form 4?
SLB disclosed that CEO and director Olivier Le Peuch sold 25,000 shares of SLB common stock on August 26, 2026 in a reported insider transaction.
Was the SLB (SLB) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Olivier Le Peuch on May 27, 2026.
What type of security was involved in the SLB (SLB) insider transaction?
The transaction involved Common Stock, $0.01 Par Value Per Share of SLB LIMITED/NV, as specified in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.