SLB (NYSE: SLB) CTO granted 2,502 shares, 1,189 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SLB LIMITED/NV Chief Technology Officer Demosthenis Pafitis reported stock-based compensation tied to earlier performance share units. On March 13, 2026, he acquired 2,502 shares of common stock at $0.00 per share as a grant, then had 1,189 shares withheld at $44.22 per share to cover tax obligations.
These shares were finally determined to have been earned under performance share units granted on January 18, 2023, based on three-year company performance versus key competitors. After these transactions, he holds 106,903 shares directly, plus 710 shares indirectly held by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Pafitis Demosthenis
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 Par Value Per Share | 2,502 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.01 Par Value Per Share | 1,189 | $44.22 | $53K |
| holding | Common Stock, $0.01 Par Value Per Share | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 108,092 shares (Direct);
Common Stock, $0.01 Par Value Per Share — 710 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
FAQ
What did SLB (SLB) CTO Demosthenis Pafitis report in this Form 4?
Demosthenis Pafitis reported a stock-based compensation event, receiving 2,502 SLB common shares as a grant and having 1,189 shares withheld for taxes. These transactions reflect performance share units vesting rather than open-market buying or selling.