SLB CEO sells 5,000 shares at $60 each
Rhea-AI Filing Summary
SLB LIMITED/NV (SLB) reported that Chief Executive Officer and director Olivier Le Peuch sold 5,000 shares of common stock on 2026-08-31 at a price of $60.00 per share in an open market or private transaction. Following this sale, he directly holds 1,331,328 shares of SLB common stock. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on May 27, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
Le Peuch Olivier
Role
Chief Executive Officer
Sold
5,000 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 Par Value Per Share F1 | 5,000 | $60.00 | $300K |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 1,331,328 shares (Direct)
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2026.
Key Figures
Shares sold: 5,000 shares
Sale price per share: $60.00 per share
Shares held after transaction: 1,331,328 shares
+2 more
5 metrics
Shares sold
5,000 shares
Common Stock sale on 2026-08-31
Sale price per share
$60.00 per share
Common Stock sale on 2026-08-31
Shares held after transaction
1,331,328 shares
Direct ownership following the 2026-08-31 sale
Total shares sold in this Form 4
5,000 shares
Net sell direction reported in transaction summary
Rule 10b5-1 plan adoption date
May 27, 2026
Adoption date of trading plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, Form 4, Common Stock, $0.01 Par Value Per Share
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SLB (SLB) disclose in this Form 4?
SLB disclosed that CEO and director Olivier Le Peuch sold 5,000 shares of SLB common stock on 2026-08-31 at $60.00 per share, leaving him with 1,331,328 shares held directly after the transaction.
Was the SLB (SLB) insider sale by Olivier Le Peuch under a Rule 10b5-1 plan?
Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Olivier Le Peuch on May 27, 2026, indicating the trades were pre-arranged under that plan.
Who is the reporting person in this SLB (SLB) Form 4 filing and what is their role?
The reporting person is Olivier Le Peuch, who is identified as both a director and the Chief Executive Officer of SLB LIMITED/NV in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.