SLB CFO (NYSE: SLB) gets performance share award, settles tax with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SLB LIMITED/NV EVP & CFO Stephane Biguet reported routine equity compensation activity. On March 13, 2026, he acquired 3,504 shares of common stock as a grant valued at $0.00 per share, reflecting performance share units finally determined to have been earned from a 2023 award tied to three-year company performance versus key competitors.
On the same date, 1,379 shares were disposed of at $44.22 per share to cover tax obligations, leaving him with 157,673 shares owned directly after these transactions. These events represent compensation vesting and related tax withholding rather than open‑market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Biguet Stephane
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.01 Par Value Per Share | 3,504 | $0.00 | -- |
| Tax Withholding | Common Stock, $0.01 Par Value Per Share | 1,379 | $44.22 | $61K |
Holdings After Transaction:
Common Stock, $0.01 Par Value Per Share — 159,052 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transactions did SLB (SLB) report for Stephane Biguet?
SLB reported that EVP & CFO Stephane Biguet received a grant of 3,504 common shares and had 1,379 shares withheld for taxes on March 13, 2026. These transactions reflect equity compensation vesting rather than open-market buying or selling activity.
Was the SLB (SLB) insider transaction by CFO Stephane Biguet a stock purchase or sale?
The activity was not an open-market purchase or sale. Biguet received 3,504 shares as an equity award and 1,379 shares were disposed of to satisfy tax liabilities, a standard withholding mechanism associated with vesting performance-based stock awards.