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SLB (NYSE: SLB) CEO Olivier Le Peuch reports PSUs vesting and tax share withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

SLB Limited’s Chief Executive Officer Olivier Le Peuch reported equity compensation activity. On January 23, 2026, he acquired 177,891 shares of common stock at $0 per share upon achievement of performance criteria and vesting of performance share units granted on January 18, 2023.

On the same date, 70,001 shares were disposed of in a transaction coded “F” at $50.25 per share, typically indicating shares withheld to cover taxes. After these transactions, he directly owned 1,484,044 shares of SLB common stock.

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*
Le Peuch Olivier

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
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 177,891(1) A $0 1,554,045 D
Common Stock, $0.01 Par Value Per Share 01/23/2026 F 70,001 D $50.25 1,484,044 D
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.
/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 insider transactions did SLB (SLB) CEO Olivier Le Peuch report?

SLB’s CEO Olivier Le Peuch reported two transactions on January 23, 2026. He acquired 177,891 common shares from vesting performance share units and disposed of 70,001 shares in a tax-related transaction coded “F,” ending with 1,484,044 directly owned shares.

How many SLB (SLB) shares did the CEO receive from performance share units?

Olivier Le Peuch received 177,891 SLB common shares on January 23, 2026. These were issued upon achievement of performance criteria and vesting of performance share units originally granted on January 18, 2023, according to the footnote in the Form 4 filing.

What does the Form 4 transaction code “F” mean in the SLB CEO filing?

In this SLB Form 4, code “F” shows 70,001 shares were disposed of at $50.25 per share. Code “F” typically reflects shares withheld by the issuer to cover tax obligations arising from the vesting or exercise of equity awards.

How many SLB (SLB) shares does the CEO own after these Form 4 transactions?

After the reported January 23, 2026 transactions, CEO Olivier Le Peuch directly owns 1,484,044 SLB common shares. This figure reflects the net position after receiving 177,891 shares from vested performance share units and the 70,001-share tax withholding transaction.

Were the new SLB shares to the CEO purchased for cash or issued as compensation?

The 177,891 SLB shares reported as acquired by the CEO were issued at $0 per share. The footnote explains they resulted from achieving performance criteria and vesting of performance share units granted on January 18, 2023, indicating equity compensation, not a cash purchase.

What period of performance did the SLB CEO’s vested performance share units cover?

The performance share units that vested for SLB’s CEO were granted on January 18, 2023. Shares were issued on January 23, 2026 upon achievement of performance criteria, indicating a multi-year performance period ending with this vesting event and share delivery.
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Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
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United States
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