Performance share vesting adds stock to SLB (NYSE: SLB) EVP

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.

Insider Trade Summary

Net Buyer: 2,125 shares

Net Buy 2 txns

Insider Merad Abdellah

Role EVP, Core Services & Equipment

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

Holdings After Transaction: Common Stock, $0.01 Par Value Per Share — 142,727 shares (Direct)

Footnotes (1)

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.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 03/17/2026 - 05:07 PM Learn about SEC filing dates

FAQ

What insider transactions did SLB (SLB) executive Abdellah Merad report?

Abdellah Merad reported equity compensation activity, not open-market trading. He received 3,504 SLB common shares as a grant and had 1,379 shares withheld at $44.22 each for tax obligations, ending with 142,727 directly held shares after the transactions.

Were Abdellah Merad’s SLB (SLB) transactions open-market buys or sells?

The transactions were compensation-related, not open-market trades. Merad acquired 3,504 shares through a grant (code A) and disposed of 1,379 shares under code F, which reflects shares withheld to pay taxes instead of a discretionary market sale.

How are SLB (SLB) performance share units linked to Abdellah Merad’s new shares?

The reported shares come from performance share units granted on January 18, 2023. Vesting depended on three-year company performance versus key competitors. Once competitors’ audited 2025 results were available, SLB’s compensation committee finalized the earned amount and issued these common shares.

How many SLB (SLB) shares does Abdellah Merad hold after these transactions?

After the March 13, 2026 transactions, Abdellah Merad directly holds 142,727 SLB common shares. This total reflects the impact of the 3,504-share grant and the 1,379 shares withheld to cover tax liabilities associated with the vested performance share units.

What does transaction code F mean in Abdellah Merad’s SLB (SLB) Form 4?

Code F indicates shares used to pay taxes or exercise costs, not a market sale. In this case, 1,379 SLB shares were disposed of at $44.22 each to satisfy tax liabilities on the equity award, rather than being sold at the insider’s discretion.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Merad Abdellah

(Last) (First) (Middle)

5599 SAN FELIPE, 17TH FLOOR

(Street)

HOUSTON TX 77056

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SLB LIMITED/NV [ SLB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Core Services & Equipment

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.01 Par Value Per Share	03/13/2026		A		3,504(1)	A	$0	144,106	D
Common Stock, $0.01 Par Value Per Share	03/13/2026		F		1,379	D	$44.22	142,727	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

	/s/ LaToyia Tilley, Attorney-in-Fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.