SLB (SLB) director granted 3,428 shares under non-employee stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
de La Chevardiere Patrick reported acquisition or exercise transactions in this Form 4 filing.
SLB LIMITED/NV director Patrick de La Chevardiere received a stock award of 3,428 common shares. The award was granted at no cash cost per share and was made pursuant to the SLB 2004 Stock and Deferral Plan for Non-Employee Directors. Following this grant, he directly holds 18,953 shares of SLB common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
de La Chevardiere Patrick
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 Par Value Per Share | 3,428 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 18,953 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 3,428 shares
Shares held after grant: 18,953 shares
Grant price per share: $0.0000 per share
3 metrics
Shares granted
3,428 shares
Equity award to non-employee director on Form 4
Shares held after grant
18,953 shares
Director’s direct holdings following reported transaction
Grant price per share
$0.0000 per share
Reported transaction price for awarded common stock
Key Terms
SLB 2004 Stock and Deferral Plan for Non-Employee Directors, Common Stock, $0.01 Par Value Per Share, Grant, award, or other acquisition
3 terms
SLB 2004 Stock and Deferral Plan for Non-Employee Directors financial
"Pursuant to SLB 2004 Stock and Deferral Plan for Non-Employee Directors."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did SLB (SLB) director Patrick de La Chevardiere report on this Form 4?
Patrick de La Chevardiere reported receiving a grant of 3,428 SLB common shares. The shares were awarded as equity compensation rather than purchased in the market, reflecting routine director compensation under the company’s stock and deferral plan for non-employee directors.
Was the SLB (SLB) stock award to Patrick de La Chevardiere an open-market purchase?
No, the transaction was not an open-market purchase. The Form 4 identifies it with code “A,” a grant or award, and shows a price of $0.0000 per share, indicating shares were issued as equity compensation rather than bought on the open market.
Under which plan was the SLB (SLB) director stock grant made?
The stock award was made pursuant to the SLB 2004 Stock and Deferral Plan for Non-Employee Directors. This plan provides equity-based compensation to independent board members, aligning their interests with shareholders by compensating them partly in company stock rather than solely in cash.