SLB executive awarded 3,504 shares in PSU vesting
SLB LIMITED/NV executive Abdellah Merad reported equity compensation activity tied to prior performance share units (PSUs).
Rhea-AI Filing Summary
SLB LIMITED/NV executive Abdellah Merad reported equity compensation activity tied to prior performance share units (PSUs). On March 13, 2026, he acquired 3,504 shares of common stock at $0.00 per share as a grant/award. On the same date, 1,379 shares were disposed of at $44.22 per share to cover tax obligations, a non-market “F” code transaction. These shares reflect the final amount earned from PSUs granted on January 18, 2023, after the company’s compensation committee certified performance once all key competitors had reported their audited 2025 results. Following these transactions, Merad directly holds 142,727 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 Par Value Per Share | 3,504 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 Par Value Per Share | 1,379 | $44.22 | $61K |
Footnotes (1)
- F1. The Company granted performance share units ("PSUs") to the reporting person on January 18, 2023. Vesting of the PSUs was based on three-year Company performance relative to select key competitors. Most of these competitors had not reported their 2025 audited financial results when the Company's compensation committee met in January 2026 to certify performance under the PSUs. As a result, the Company's compensation committee approved the issuance of 80% of the shares that the committee determined had been earned according to the information available to the committee at the time. As of March 13, 2026, all such competitors had reported their 2025 audited financial results. Shares of common stock reported hereunder represent shares finally determined to have been earned under the PSUs.
FAQ
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What insider transactions did SLB (SLB) executive Abdellah Merad report?
Were Abdellah Merad’s SLB (SLB) transactions open-market buys or sells?
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