STOCK TITAN

SLB (ticker: SLB) EVP Gassen receives stock award and withholds shares for tax

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

SLB executive vice president Steve Matthew Gassen received 17,789 shares of common stock on January 23, 2026, issued at $0 per share upon achievement of performance criteria tied to performance share units granted on January 18, 2023. On the same date, 7,001 shares were withheld at $50.25 per share to cover taxes. After these transactions, he directly owned 66,693 SLB common shares and indirectly held 5,739 equivalent shares through the SLB Stock Fund.

Positive

  • None.

Negative

  • None.
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*
Gassen Steve Matthew

(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, Geographies
3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026
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 01/23/2026 A 17,789(1) A $0 73,694 D
Common Stock, $0.01 Par Value Per Share 01/23/2026 F 7,001 D $50.25 66,693 D
Common Stock, $0.01 Par Value Per Share 5,739(2) I SLB Stock Fund
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. Shares of common stock issued to the reporting person on January 23, 2026 upon achievement of the performance criteria and vesting of performance share units granted on January 18, 2023.
2. Equivalent shares as updated November 2025.
/s/ LaToyia Tilley, Attorney-in-Fact 01/27/2026
** 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.

FAQ

What did SLB EVP Steve Matthew Gassen report on this Form 4 for SLB?

Steve Matthew Gassen reported receiving 17,789 SLB common shares on January 23, 2026. These shares were issued at $0 upon vesting of performance share units granted in January 2023, reflecting achievement of specified performance criteria under SLB’s long-term incentive program.

How many SLB shares did Steve Matthew Gassen have after the reported transactions?

After the January 23, 2026 transactions, Steve Matthew Gassen directly owned 66,693 SLB common shares. He also indirectly held 5,739 equivalent shares through the SLB Stock Fund, giving investors a view of his combined direct and indirect equity exposure to SLB.

What is the nature of the 17,789 SLB shares received by Steve Matthew Gassen?

The 17,789 SLB shares were issued upon vesting of performance share units originally granted on January 18, 2023. Vesting occurred January 23, 2026 after performance criteria were achieved, effectively delivering earned long-term incentive compensation in SLB common stock.

Why were 7,001 SLB shares reported with transaction code F at $50.25?

The 7,001 SLB shares with code F at $50.25 per share represent shares withheld to satisfy tax obligations. This is a common mechanism where part of a stock award is retained to cover taxes, leaving the executive with net shares after withholding.

How are SLB shares held indirectly by Steve Matthew Gassen reported?

The filing shows 5,739 SLB equivalent shares held indirectly through the SLB Stock Fund. These are reported as indirect beneficial ownership, giving transparency into additional share exposure beyond his directly held 66,693 SLB common shares after the reported transactions.

What role does Steve Matthew Gassen hold at SLB related to this Form 4?

Steve Matthew Gassen is an officer of SLB, serving as Executive Vice President, Geographies. As an SLB officer, he must report changes in his beneficial ownership of SLB common stock, including equity awards and tax withholdings, on Form 4 filings.
SLB Limited

NYSE:SLB

SLB Rankings

SLB Latest News

SLB Latest SEC Filings

SLB Stock Data

72.45B
1.49B
0.19%
79.41%
2.56%
Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
Link
United States
HOUSTON