SLB EVP Gassen exercises options, sells shares
SLB LIMITED/NV executive Steve Matthew Gassen, EVP, Geographies, reported combined option exercises and share sales in SLB common stock.
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Form Type
4
Rhea-AI Filing Summary
SLB LIMITED/NV executive Steve Matthew Gassen, EVP, Geographies, reported combined option exercises and share sales in SLB common stock. He exercised non-qualified stock options for 21,980 shares at $38.75 and 11,399 shares at $41.47 per share, converting these into common stock.
On the same date, he executed open-market sales totaling 53,379 shares at weighted average prices of $56.19 and $56.16 per share, with trade prices ranging from $56.01 to $56.45 and from $56.13 to $56.235. Following these transactions, he holds 47,421 shares directly and 5,739 equivalent shares indirectly through the SLB Stock Fund.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Gassen Steve Matthew
Role
EVP, Geographies
Sold
53,379 shs ($3.00M)
Approx. gross sale proceeds
$3.00M
Approx. exercise cost
$1.32M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 11,399 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 21,980 | $0.00 | $0.00 |
| Sale | Common Stock, $0.01 Par Value Per Share | 20,000 | $56.16 | $1.12M |
| Exercise | Common Stock, $0.01 Par Value Per Share | 11,399 | $41.47 | $473K |
| Exercise | Common Stock, $0.01 Par Value Per Share | 21,980 | $38.75 | $852K |
| Sale | Common Stock, $0.01 Par Value Per Share | 33,379 | $56.19 | $1.88M |
| holding | Common Stock, $0.01 Par Value Per Share | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock, $0.01 Par Value Per Share — 47,421 shares (Direct);
Common Stock, $0.01 Par Value Per Share — 5,739 shares (Indirect, SLB Stock Fund)
Footnotes (5)
- F1. This transaction was executed in multiple trades at prices ranging from $56.01 to $56.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2. This transaction was executed in multiple trades at prices ranging from $56.13 to $56.235. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. Equivalent shares as updated November 2025.
- F4. This option became fully exercisable on January 16, 2024.
- F5. This option became fully exercisable on January 15, 2025.
Key Figures
Shares sold: 53,379 shares
First sale tranche: 33,379 shares at $56.19
Second sale tranche: 20,000 shares at $56.16
+4 more
7 metrics
Shares sold
53,379 shares
Total open-market sales of SLB common stock on May 1, 2026
First sale tranche
33,379 shares at $56.19
Weighted average price; trades between $56.01 and $56.45
Second sale tranche
20,000 shares at $56.16
Weighted average price; trades between $56.13 and $56.235
Options exercised
21,980 shares at $38.75
Non-qualified stock option exercise into common stock
Additional options exercised
11,399 shares at $41.47
Non-qualified stock option exercise into common stock
Direct holdings after transactions
47,421 shares
SLB common stock held directly following reported trades
Indirect holdings
5,739 equivalent shares
Held through SLB Stock Fund as updated November 2025
Key Terms
Non-Qualified Stock Option (Right to Buy), weighted average sale price, SLB Stock Fund, non-derivative, +1 more
5 terms
Non-Qualified Stock Option (Right to Buy) financial
"Security title listed as "Non-Qualified Stock Option (Right to Buy)" for derivative entries."
weighted average sale price financial
"Footnotes state the price reported reflects the weighted average sale price for multiple trades."
SLB Stock Fund financial
"Indirect ownership is described as equivalent shares held through the SLB Stock Fund."
non-derivative financial
"Common stock transactions are classified as non-derivative in the transaction type field."
derivative exercise/conversion financial
"Transaction action for option exercises is labeled as derivative exercise/conversion."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SLB (SLB) EVP Steve Gassen report?
Steve Gassen reported exercising stock options and selling SLB shares. He exercised options for 33,379 common shares, then sold 53,379 shares in open-market transactions, with weighted average sale prices around $56 per share, and reported updated post-transaction share holdings.
What option exercises did Steve Gassen disclose for SLB (SLB)?
He exercised non-qualified stock options covering 21,980 and 11,399 SLB common shares. The exercise prices were $38.75 and $41.47 per share, respectively, converting these options into common stock as disclosed in the Form 4 transaction details and related footnotes.
What are Steve Gassen’s SLB (SLB) holdings after these transactions?
After the reported transactions, Steve Gassen holds 47,421 SLB common shares directly. He also has 5,739 equivalent shares held indirectly through the SLB Stock Fund, according to the holding entry and post-transaction share balances disclosed in the Form 4.
What do the SLB (SLB) footnotes say about Steve Gassen’s trades?
The footnotes state that the sales were executed in multiple trades within specified price ranges and that the reported prices are weighted averages. They also confirm the options were fully exercisable before the transaction dates and offer to provide detailed trade breakdowns upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
